other material
confidence high
sentiment neutral
materiality 0.35
Hanover to split Commercial Lines into Core Commercial & Specialty; historic data refiled 2019-2021
HANOVER INSURANCE GROUP, INC.
- Disaggregates former Commercial Lines into Core Commercial and Specialty segments including expenses and NII.
- Expands top-line reporting: will provide net premiums written, renewal price change, retention by sub-segment.
- Will no longer report supplemental loss ratio by product line for Core Commercial segment.
- Personal Lines: homeowners sub-segment combined with other personal lines (umbrella).
- First quarter 2022 results expected after market close May 3; webcast May 4.