earnings
confidence high
sentiment positive
materiality 0.80
Hanover reports Q1 operating EPS $3.87, net income $3.50/sh; combined ratio 94.1%
HANOVER INSURANCE GROUP, INC.
2025-Q1 EPS reported
$3.50
revenue$1,603,200,000
- Net income $128.2M ($3.50/sh); operating income $141.8M ($3.87/sh).
- Combined ratio 94.1% (ex-cat 87.8%); catastrophe losses $95.6M (6.3 pts).
- Net premiums written $1,510.8M (+3.9%); renewal price increases 11-13% across lines.
- Net investment income $106.1M (+18.3%); earned yield 4.14% on portfolio.
- Personal Lines combined ratio improved to 89.7% from 101.0% a year ago.