Here are the DEF 14A proxy statements from The Hanover Insurance Group, Inc. (THG) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow THG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full THG filings page.
The Hanover Insurance Group is asking shareholders to vote at its May 12, 2026 annual meeting on three items: electing eight directors to one-year terms, an advisory approval of executive compensation, and ratification of PricewaterhouseCoopers as independent auditor.
The proxy highlights 2025 net income of $662.5 million, a combined ratio of 91.6%, net written premiums of $6,322.1 million up 3.9%, and stock repurchases of $130.1 million. Book value per share rose 27.4%, while the quarterly dividend increased 5.6% to $0.95, or $3.80 annually.
The Board reports that 10 of 11 directors are independent, the chair and CEO roles are separated, and the Board will be fully declassified in 2027. Executive pay is described as strongly performance-based, with 2025 short-term incentives funded at 140% of target and performance-based equity earned based on three-year relative total shareholder return and adjusted operating ROE.