---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-192352"
form_type: "8-K"
ticker: "THG"
cik: "0000944695"
company_name: "HANOVER INSURANCE GROUP, INC."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T02:38:02.894540+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hanover Q1 net income $5.20/sh, operating income $5.25/sh; combined ratio 91.7%

## Summary
- Net income $186.8M ($5.20 diluted EPS) vs $128.2M ($3.50) YoY; operating income $188.5M ($5.25) vs $141.8M ($3.87).
- Combined ratio improved to 91.7% from 94.1% YoY; ex-catastrophe combined ratio 85.4% vs 87.8%.
- Net premiums written $1.56B, up 3.2% YoY; net investment income $126.9M, up 19.6%.
- Core Commercial combined ratio 96.6% (103.4% YoY); Personal Lines 91.5% (89.7% YoY); Specialty 84.2% (87.7% YoY).
- Repurchased 580k shares for ~$101M YTD through Apr 28; book value per share $101.86, up 1.0% from Dec 2025.

## SEC filing metadata
- accession: 0001193125-26-192352
- form_type: 8-K
- ticker: THG
- cik: 0000944695
- company_name: HANOVER INSURANCE GROUP, INC.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944695/000119312526192352/0001193125-26-192352-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944695/000119312526192352/thg-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-192352
- JSON: https://secwatch.observer/filing/0001193125-26-192352.json
- Plain text: https://secwatch.observer/filing/0001193125-26-192352.txt

## Key facts
- Earnings Releases
  HANOVER INSURANCE GROUP, INC. reported the quarter ended March 31, 2026 results: net income $186.8 million, or $5.20 per diluted share, EPS $5.20 per diluted share.
  - Period: the quarter ended March 31, 2026
  - Net income: $186.8 million, or $5.20 per diluted share
  - EPS: $5.20 per diluted share
  - Result: reported results
  source text: The supplement is furnished as Exhibit 99.2 hereto. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 The Hanover Reports Record First Quarter Net Income and Operating Income of $5.20 and $5.25 per Diluted Share, Respectively; Record Net and Operating Return on Equity of 20.9% and 20.3%, Respectively First Quarter Highlights • Combined ratio of 91.7%; combined
  evidence_url: https://www.sec.gov/Archives/edgar/data/944695/000119312526192352/0001193125-26-192352-index.htm

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