earnings
confidence high
sentiment positive
materiality 0.75
Hanover reports record Q3 net income $178.7M ($4.90 EPS); combined ratio 91.1%
HANOVER INSURANCE GROUP, INC.
2025-Q3 EPS
reported $12.70
vs consensus $4.26
▲ beat
(+198.2%)
- Net income $178.7M ($4.90/diluted) vs $102.1M ($2.80) YoY; operating income $185.6M ($5.09) vs $111.3M ($3.05).
- Combined ratio 91.1% (catastrophes 3.0 pts) vs 95.5% prior year; ex-cat combined ratio 88.1%.
- Net premiums written +4.5% to $1.74B; renewal price increases: Personal Lines 10.5%, Core Commercial 9.9%, Specialty 8.3%.
- Net investment income $117.0M (+27.5%) on higher earned yields; book value per share $96.00, up 21.2% year-to-date.