---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-052364"
form_type: "8-K"
ticker: "THG"
cik: "0000944695"
company_name: "HANOVER INSURANCE GROUP, INC."
filed_at: "2021-10-27T23:59:59+00:00"
generated_at: "2026-06-28T17:48:17.740473+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hanover Q3 net income drops to $34M from $119M; combined ratio 102.3%

## Summary
- Net income $34.0M ($0.94/diluted) vs $118.9M ($3.13/diluted) in prior-year quarter.
- Operating income $30.8M ($0.85/diluted) vs $93.5M ($2.46/diluted) a year ago.
- Combined ratio 102.3% (ex-cat 89.4%); catastrophe losses $153.5M including $75M from Hurricane Ida.
- Net premiums written grew 8.4% to $1.38B; book value per share $87.04, down 1.3% from Q2.
- Repurchased 175k shares for $24M in Q3; $371M remaining under buyback program.

## SEC filing metadata
- accession: 0001564590-21-052364
- form_type: 8-K
- ticker: THG
- cik: 0000944695
- company_name: HANOVER INSURANCE GROUP, INC.
- filed_at: 2021-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/944695/000156459021052364/0001564590-21-052364-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944695/000156459021052364/thg-8k_20211027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-052364
- JSON: https://secwatch.observer/filing/0001564590-21-052364.json
- Plain text: https://secwatch.observer/filing/0001564590-21-052364.txt

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