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Hanover Insurance Group Inc - THG STOCK NEWS

Welcome to our dedicated news page for Hanover Insurance Group (Ticker: THG), a resource for investors and traders seeking the latest updates and insights on Hanover Insurance Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hanover Insurance Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hanover Insurance Group's position in the market.

News
The Hanover Insurance Group, Inc. to Hold Annual Meeting of Shareholders on May 14
Rhea-AI Summary
The Hanover Insurance Group, Inc. will hold its annual meeting of shareholders on May 14, 2024, at 9:00 a.m. ET in Worcester, Massachusetts. Shareholders can participate in person or via webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags
none
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News
Russell Innovation Center for Entrepreneurs and The Hanover Announce Exclusive Insurance-Based Programming
Rhea-AI Summary
The Hanover Insurance Group, Inc. (THG) partners with Russell Innovation Center for Entrepreneurs (RICE) to introduce insurance-based programming supporting Black entrepreneurs. A $250,000 grant aims to enhance RICE's initiatives in Georgia and beyond, including a three-part educational series on insurance fundamentals. The collaboration seeks to empower Black business owners with essential risk management and insurance knowledge for sustainable growth and success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
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none
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News
The Hanover Insurance Group, Inc. to Issue First Quarter Financial Results on May 1
Rhea-AI Summary
The Hanover Insurance Group, Inc. (NYSE: THG) will release its first quarter financial results on May 1, 2024, followed by a webcast discussion on May 2. The webcast can be accessed on hanover.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
Tags
earnings
News
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.85 Per Common Share
Rhea-AI Summary
The Hanover Insurance Group, Inc. (THG) declares a quarterly dividend of $0.85 per share, payable on March 29, 2024, to shareholders of record on March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
dividends
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News
Forbes Ranks The Hanover Among America's Best Employers
Rhea-AI Summary
The Hanover Insurance Group, Inc. (NYSE: THG) has been named one of 'America's Best Mid-Size Employers' for 2024 by Forbes magazine, marking the ninth consecutive year of recognition. The company's commitment to fostering a collaborative and diverse workplace has led to this accolade, showcasing its dedication to employee satisfaction and career development opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.78%
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none
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News
The Hanover and its Employees Contribute $1.5 Million to United Way, Other Nonprofits
Rhea-AI Summary
The Hanover Insurance Group, Inc. (NYSE: THG) and its employees raised $1.5 million for United Way and other nonprofit organizations through their annual giving campaign. 83% of the company's employees participated, with the donations benefiting 73 United Way chapters and nearly 1,800 nonprofits in 2024. The company's charitable foundation also provided a matching contribution. The Hanover has a long history of supporting their community through this annual campaign, with the goal of addressing the most pressing local needs and building strong, healthy communities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
none
News
The Hanover Insurance Group, Inc. to Present at the Bank of America Securities 2024 Financial Services Conference
Rhea-AI Summary
The Hanover Insurance Group, Inc. (THG) announced that its president and CEO, John C. Roche, and EVP and CFO, Jeffrey M. Farber, will participate in a fireside chat at the Bank of America Securities 2024 Financial Services Conference on February 21, 2024. The event will be broadcast live on the company's website, with a replay available afterward.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
conferences
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News
The Hanover Reports Fourth Quarter Net Income and Operating Income of $2.98 and $3.13 per Diluted Share, Respectively; Net and Operating Return on Equity of 18.8% and 15.7%, Respectively
Rhea-AI Summary
The Hanover Insurance Group, Inc. (THG) reported a strong fourth quarter with a combined ratio of 94.2%, excluding catastrophes, and a net income of $107.9 million. Catastrophe losses of $57.7 million affected the combined ratio by 4.0 points. Renewal price increases were seen across all business segments, with net premiums written increasing by 1.5%. The company also reported a 20.6% renewal price increase in Personal Lines, 12.4% in Core Commercial, and 11.6% in Specialty. Net investment income increased by 7.5% from the prior-year quarter, and the Board of Directors approved a 5% increase to the regular quarterly dividend. For the full year, the combined ratio was 103.5%, excluding catastrophes, with catastrophe losses of $690.1 million. Net premiums written increased by 6.1% from the prior year. The company reported a net income of $35.3 million for the full year. The operating return on equity was 15.7%, and the company expressed confidence in its profitability and growth trajectory for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
none
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News
The Hanover Appoints Mina S. Rona President of Technology and Life Sciences
Rhea-AI Summary
The Hanover Insurance Group, Inc. (NYSE: THG) has appointed Mina S. Rona as the president of technology and life sciences. Rona, a 26-year veteran of the insurance industry, will lead the organization and work with industry professionals to develop innovative insurance solutions for businesses in these sectors. Her promotion is a testament to her exceptional leadership skills and deep expertise in the technology and life sciences industries. The company is confident that under her leadership, their team will achieve even greater success in delivering impactful solutions for their agents and customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
management
News
The Hanover Insurance Group, Inc. to Issue Fourth Quarter Financial Results on January 31
Rhea-AI Summary
The Hanover Insurance Group, Inc. (NYSE: THG) will release its Q4 and full-year financial results on January 31, 2024, followed by a webcast discussion on February 1. The webcast will be available on hanover.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
Tags
earnings
Stock THG logo
Hanover Insurance Group Inc

NYSE:THG

THG Rankings

#1217 Ranked by Market Cap
#3444 Ranked by Stock Gains
#1232 Ranked by Dividends

THG Stock Data

4.61B
35.42M
0.88%
87.62%
1%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
US
Worcester

About THG

as a top property and casualty insurance company, the hanover is searching for the most talented professionals―at every level― to join our company. the hanover offers a collaborative environment where you’ll gain new experience and grow your career. the hanover offers comprehensive benefits to help you stay healthy, build financial security, and balance work/home life. at the hanover, you’ll enjoy what you do and have the support you need to succeed. please visit jobs.hanover.com.