---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-017487"
form_type: "8-K"
ticker: "THG"
cik: "0000944695"
company_name: "HANOVER INSURANCE GROUP, INC."
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:51:01.200979+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hanover Q1 operating income $117.7M ($3.26/diluted), up 91.6% YoY; combined ratio 93.4%

## Summary
- Net income $104.8M ($2.90/diluted) vs $92.7M ($2.51) YoY; operating income $117.7M ($3.26) vs $61.4M ($1.66).
- Combined ratio 93.4% (ex-cat 89.8%); net premiums written up 9.7% to $1.31B with growth across all segments.
- Core Commercial combined ratio improved to 93.0% from 111.7% YoY; Specialty to 87.7% from 98.8%; Personal Lines worsened to 97.1% from 87.0%.
- Book value per share $79.58, down 10.2% due to higher interest rates; BV excluding unrealized fixed-income losses up 2.0%.
- Share repurchases of ~119K shares for $16.3M in Q1; $341M remaining buyback capacity.

## SEC filing metadata
- accession: 0001564590-22-017487
- form_type: 8-K
- ticker: THG
- cik: 0000944695
- company_name: HANOVER INSURANCE GROUP, INC.
- filed_at: 2022-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944695/000156459022017487/0001564590-22-017487-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944695/000156459022017487/thg-8k_20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-017487
- JSON: https://secwatch.observer/filing/0001564590-22-017487.json
- Plain text: https://secwatch.observer/filing/0001564590-22-017487.txt

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