---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-100428"
form_type: "8-K"
ticker: "THG"
cik: "0000944695"
company_name: "HANOVER INSURANCE GROUP, INC."
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:42:11.608979+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hanover Q2 earnings beat: EPS $4.30, operating EPS $4.35; combined ratio 92.5%

## Summary
- Net income $157.1M ($4.30 diluted EPS) vs $40.5M ($1.12) prior year; operating income $158.7M ($4.35).
- Combined ratio improved to 92.5% from 99.2% (85.5% ex-cat); catastrophe losses $107.5M.
- Net premiums written +4.1% to $1.58B; net investment income $105.5M, +16.7% on higher yields.
- Book value per share $89.62, +6.0% from Q1; net and operating ROE 20.1% and 18.7%; returned ~$124M to shareholders YTD.

## SEC filing metadata
- accession: 0000950170-25-100428
- form_type: 8-K
- ticker: THG
- cik: 0000944695
- company_name: HANOVER INSURANCE GROUP, INC.
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944695/000095017025100428/0000950170-25-100428-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944695/000095017025100428/thg-20250730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-100428
- JSON: https://secwatch.observer/filing/0000950170-25-100428.json
- Plain text: https://secwatch.observer/filing/0000950170-25-100428.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.