Hanover Insuranc Stock Price, News & Analysis

The Hanover Insurance Group (NYSE: THG) has announced a quarterly dividend payment of $0.90 per share on its outstanding common stock. The dividend will be paid on March 28, 2025, to shareholders of record as of March 14, 2025.

The company included standard forward-looking statements, noting that future dividends may be subject to increases, decreases, or elimination based on board decisions. These statements are not guarantees of future performance, and investors are advised to consider various business risks that could affect dividend payments and company performance.

The Hanover Insurance Group (THG) reported outstanding financial results for Q4 and full-year 2024. The company achieved record fourth quarter net income of $4.59 per share and operating income of $5.32 per share. Full-year results showed net income of $11.70 per share and operating income of $13.34 per share.

Key Q4 highlights include a combined ratio of 89.2%, net premiums written increase of 7.4%, and net investment income of $100.7 million (up 23.4% year-over-year). The company demonstrated strong pricing power with renewal price increases of 14.2% in Personal Lines, 11.8% in Core Commercial, and 9.5% in Specialty.

For full-year 2024, THG reported net premiums written of $6.1 billion (up 4.7%), combined ratio of 94.8%, and net investment income of $372.6 million (up 12.2%). The company's book value per share increased 14.9% from December 31, 2023. The Board approved a 5.9% increase to the regular quarterly dividend.

The Hanover Insurance Group (NYSE: THG) and its employees have raised over $1.5 million through their annual giving campaign to support nonprofit organizations nationwide. The 2024 campaign saw an 84% participation rate from company employees, with donations benefiting nearly 1,900 nonprofits across the country. The contributions, which include matching funds from the company's charitable foundation, will support organizations including United Way, Feeding America, Boys & Girls Clubs of America, American Red Cross, and Insurance Industry Charitable Foundation. The company has maintained this annual employee giving campaign tradition for more than 70 years.

The Hanover Insurance Group (NYSE: THG) has announced its participation in the Bank of America Securities 2025 Financial Services Conference. President and CEO John C. Roche, along with Executive VP and CFO Jeffrey M. Farber, will engage in a fireside chat on Tuesday, February 11, 2025, from 8:50 a.m. to 9:30 a.m. Eastern Time.

The executives will also conduct one-on-one and group meetings with investors on the same day. The fireside discussion will be accessible through a live broadcast on the company's website at www.hanover.com, with a replay available after the event concludes.

The Hanover Insurance Group (NYSE: THG) has announced it will release its fourth quarter and full-year financial results after market close on Tuesday, February 4, 2025. The company will host a webcast discussion of these results on Wednesday, February 5, at 10:00 a.m. ET, accessible through their website hanover.com.

The Hanover is a holding company for several property and casualty insurance companies, representing one of the largest insurance businesses in the United States. They provide standard and specialized insurance protection for small and mid-sized businesses, homes, automobiles, and personal items through a network of independent agents and brokers.

The Hanover Insurance Group (NYSE: THG) has announced an increase in its quarterly dividend to $0.90 per share on common stock. The dividend will be payable on December 27, 2024, to shareholders of record as of December 13, 2024. This marks the company's 20th consecutive year of dividend increases, reflecting its commitment to shareholder value and confidence in its financial stability and growth prospects.

The Hanover Insurance Group (THG) reported strong Q3 2024 results with net income of $102.1 million ($2.80 per share) and operating income of $111.3 million ($3.05 per share). The company achieved a combined ratio of 95.5% and net premiums written growth of 4.2%. Key highlights include renewal price increases of 15.4% in Personal Lines, 12.9% in Core Commercial, and 10.1% in Specialty. Net investment income rose 9.0% to $91.8 million, primarily due to higher bond reinvestment yields. Book value per share increased 12.6% to $79.90, driven by unrealized gains and strong earnings. The company reported net and operating return on equity of 15.0% and 14.4% respectively for Q3 2024.

The Hanover Insurance Group, Inc. (NYSE: THG) has announced that it will release its third quarter financial results after the market closes on Wednesday, October 30. The company plans to host a webcast discussion of these results on Thursday, October 31, at 10:00 a.m. ET, which will be accessible through their website at hanover.com.

The Hanover Insurance Group is a holding company for several property and casualty insurance companies, forming one of the largest insurance businesses in the United States. They offer standard and specialized insurance protection for small and mid-sized businesses, homes, automobiles, and other personal items through a select group of independent agents and brokers.

The Hanover Insurance Group (NYSE: THG) has announced a quarterly dividend of $0.85 per share on its outstanding common stock. This dividend will be payable on September 27, 2024, to shareholders of record at the close of business on September 13, 2024. The declaration of this dividend by the board of directors demonstrates The Hanover's commitment to providing consistent returns to its shareholders. This announcement is significant for investors as it provides information about the company's financial health and its ability to distribute profits to shareholders.