Highest-materiality recent filing
Hanover Insurance announces $700M share repurchase program, replaces $63M remaining authorization
New $700M share repurchase authorization approved; no time limit and no obligation to repurchase.
Hanover Q1 net income $5.20/sh, operating income $5.25/sh; combined ratio 91.7%
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).
Hanover reports record Q4 net income $198.5M and operating EPS $5.79; dividend hiked 5.6%
Net income Q4 $198.5M ($5.47 diluted) vs $167.9M ($4.59) prior yr; FY $662.5M ($18.16) vs $426.0M ($11.70).
Hanover Insurance calls for redemption of $375M 4.500% Notes due 2026
Redemption of all $375M outstanding 4.500% Notes due 2026 on January 15, 2026.
Hanover reports record Q3 net income $178.7M ($4.90 EPS); combined ratio 91.1%
Net income $178.7M ($4.90/diluted) vs $102.1M ($2.80) YoY; operating income $185.6M ($5.09) vs $111.3M ($3.05).
Hanover Insurance prices $500M 5.50% senior notes due 2035, to refinance near-term debt
$500M of 5.50% senior notes due Sept 1, 2035 priced on Aug 19, 2025.
Hanover Q2 earnings beat: EPS $4.30, operating EPS $4.35; combined ratio 92.5%
Net income $157.1M ($4.30 diluted EPS) vs $40.5M ($1.12) prior year; operating income $158.7M ($4.35).
Kevin J. Bradicich, Theodore H. Bunting, Jr., William E. Donnell, Joseph R. Ramrath, John C. Roche elected with >30M votes each; Ramrath had 832K votes against.
Hanover reports Q1 operating EPS $3.87, net income $3.50/sh; combined ratio 94.1%
Net income $128.2M ($3.50/sh); operating income $141.8M ($3.87/sh).
Hanover Insurance appoints Richard W. Lavey as EVP and COO effective March 31, 2025
Richard W. Lavey, 58, appointed Executive Vice President and Chief Operating Officer, a newly created position, effective March 31, 2025.
Hanover Insurance CFO Farber appointed PAO; Barnes resigns
Warren E. Barnes resigned as SVP, Corporate Controller and PAO effective Feb 25, 2025.
Hanover reports record Q4 operating EPS $5.32; combined ratio 89.2%
Q4 net income $167.9M ($4.59/diluted share); operating income $194.6M ($5.32/sh), both record highs.
Hanover Q3 EPS $2.80, operating EPS $3.05; combined ratio improves to 95.5% from 104.4%
Net income $102.1M ($2.80/diluted share) vs $8.6M ($0.24) a year ago; operating income $111.3M ($3.05/diluted).
Hanover novates $33.5M reinsurance recoverable from R&Q to Enstar
$33.5M reinsurance recoverable from R&Q as of Dec 31, 2023 novated to an Enstar subsidiary effective July 1, 2024.
Operating income $68.1M ($1.88/diluted) vs operating loss $68.3M a year ago.
Hanover estimates Q2 cat losses of $157.1M; combined ratio 99.2% ex-CAT 88.5%
Catastrophe losses $157.1M pre-tax (10.7 pts net earned premium) from severe convective storms, mostly Personal Lines.
Hanover Insurance shareholders approve board declassification, officer exculpation, bylaw changes
Board declassification approved with 30.7M votes for; full declassification effective by 2027 annual meeting.
Hanover Q1 net income $115.5M ($3.18/diluted share); combined ratio 95.5%
Operating income $111.9M ($3.08/diluted) vs $4.6M ($0.13) a year ago.
On May 13, 2026, the Board of Directors of The Hanover Insurance Group, Inc. (the “Company”) appointed Patricia A. Norton-Gatto, Senior Vice President and Corporate Controller, to assume the role of Principal Accounting Officer effective on that date.
Accordingly, Jeffrey M. Farber, 62, the Company’s Executive Vice President and Chief Financial Officer will no longer serve in the role of Principal Accounting Officer.
On March 31, 2025, the Board of Directors of The Hanover Insurance Group, Inc. (the “Company”) appointed Richard W. Lavey, 58, to serve as Executive Vice President and Chief Operating Officer of the Company, effective on that date.
the Board of Directors of the Registrant appointed Jeffrey M. Farber, 60, the Registrant’s Executive Vice President and Chief Financial Officer, to assume the role of PAO.
on February 25, 2025, Mr. Barnes resigned as Senior Vice President, Corporate Controller and PAO
Max materiality 0.85 · Median 0.70 · Most common event earnings