Welcome to our dedicated page for The Hanover Insurance Group news (Ticker: $THG), a resource for investors and traders seeking the latest updates and insights on The Hanover Insurance Group stock.
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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.
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End-of-Day
0.88%
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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.
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-0.54%
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The Hanover Insurance Group, Inc. (NYSE: THG) has been recognized as one of America's Most Responsible Companies by Newsweek for the third consecutive year and received a score of 100 on the Corporate Equality Index by the Human Rights Campaign Foundation for the sixth consecutive year. The recognition is based on strong commitment to corporate citizenship through environmental, social, and corporate governance practices and performance, backed by quantitative data from key performance indicators and independent surveys.
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0.92%
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The Hanover Insurance Group, Inc. (NYSE: THG) has announced a 5% increase in its quarterly dividend to $0.85 per share on the issued and outstanding common stock, payable on December 29, 2023, to shareholders of record at the close of business on December 15, 2023. This marks the company's 19th consecutive annual dividend increase, reflecting the board's confidence in the company's financial strength and prospects for the future.
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0.7%
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Hanover Insurance Group, Inc. (NYSE: THG) appoints Stephen P. Marohn as president of specialty property and casualty. Marohn brings over 30 years of industry experience, having previously worked at CNA Insurance and AIG. His responsibilities will include leading the company's excess and surplus (E&S) business, specialty industrial business, Hanover Programs, specialty general liability, and Hanover Specialty Insurance Brokers (HSIB). Marohn's leadership is expected to drive sustainable profitable growth across the specialty segment.
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0.24%
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The Hanover Insurance Group, Inc. reported net income of $8.6 million in Q3 2023, compared to $0.5 million in Q3 2022. The combined ratio was 104.4%, with catastrophe losses of $195.8 million. Net premiums written increased by 6.0%. Renewal price increases were 18.0% in Personal Lines. Net investment income was $84.2 million. Book value per share was $59.21, down 5.4% from June 30, 2023.
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-2.38%
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The Hanover Insurance Group released its 2023 Cyber Resiliency Report, revealing a lack of preparedness by small and mid-sized businesses for cyberattacks.
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0.69%
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The Hanover Insurance Group announces preliminary estimate for Q3 2023 catastrophe losses of $195.8 million.
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-3.97%
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Only 17% of homeowners have water sensors despite the high risk of loss. The Hanover Insurance Group partners with Water Security Solutions and StreamLabs to offer discounts on smart water leak monitoring and shut-off devices. Lack of preventive measures and awareness present a business opportunity for insurance agents.
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0.43%
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The Hanover Insurance Group, Inc. (NYSE: THG) will release its Q3 financial results on November 1 and hold a webcast to discuss the results on November 2.
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Rhea-AI Sentiment
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-0.81%
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The Hanover Insurance Group, Inc.
NYSE:THG
THG Rankings
THG Stock Data
4.70B
35.42M
0.88%
87.62%
1%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
United States of America
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.