Quarterly ResultApr 29, 2026, 05:32 PM
THG Q1 Net Income $186.8M ($5.20 EPS); Operating Income $188.5M ($5.25 EPS)
AI Summary
The Hanover Insurance Group, Inc. reported record first-quarter net income of $186.8 million, or $5.20 per diluted share, and operating income of $188.5 million, or $5.25 per diluted share. The company achieved a combined ratio of 91.7% and an operating return on equity of 20.3%. Net premiums written increased by 3.2%, and net investment income grew by 19.6%.
Key Highlights
- Net income reached a record $186.8 million, or $5.20 per diluted share.
- Operating income was a record $188.5 million, or $5.25 per diluted share.
- Combined ratio improved to 91.7% from 94.1% in the prior-year quarter.
- Net premiums written increased 3.2% to $1,559.7 million.
- Net investment income rose 19.6% to $126.9 million.
- Book value per share was $101.86, up 1.0% from December 31, 2025.
- Repurchased 580,000 shares for $101 million year-to-date through April 28th.
- Core Commercial operating income before taxes was $74.8 million, up from $26.8 million.