Hanover Insurance Group Inc

Common Name

Hanover Insurance Group

Country

United States

Sector

Financial Services

Industry

Insurance - Property & Casualty

Employees

4,900

Ticker

THG

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.hanover.com

Description

Hanover Insurance Group, Inc. is a prominent player in the insurance industry, providing a diverse range of property and casualty insurance products across the United States. Primarily focused on deli... Show more

Income Statement Balance Sheet Group Entities

Hanover Insurance Group's Financial Statements Preview

Below are the financial statements of Hanover Insurance Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Interested in getting early access to our real-time standardized financial datafeed?

Learn More

All figures in millions of USD	2024 as of 2024-12-31	2023 as of 2023-12-31
Assets	—	—
Investments	—	—
Fixed maturities, at fair value (amortized cost of $9,051.5 and $8,573.9)	8,542.2^a	7,985.3^a
Equity securities, at fair value	157.7^a	130.9^a
Other investments	709.9^a	796.9^a
Total investments	9,409.8^a	8,913.1^a
Cash and cash equivalents	435.5^a	316.1^a
Accrued investment income	69.8^a	58.2^a
Premiums and accounts receivable, net	1,800.8^a	1,705.6^a
Reinsurance recoverable on paid and unpaid losses and unearned premiums	1,994.5^a	2,056.1^a
Deferred acquisition costs	662.8^a	620.8^a
Deferred income tax asset	174.2^a	173.3^a
Goodwill	178.8^a	178.8^a
Other assets	462.6^a	504^a
Assets of discontinued businesses	85.7^a	86.6^a
Total assets	15,274.5^a	14,612.6^a
Liabilities	—	—
Loss and loss adjustment expense reserves	7,461.2^a	7,308.1^a
Unearned premiums	3,283.3^a	3,102.5^a
Expenses and taxes payable	757.8^a	775.9^a
Reinsurance premiums payable	37.7^a	64.3^a
Short-term debt	61.8^a	0^a
Long-term debt	722.3^a	783.2^a
Liabilities of discontinued businesses	108.6^a	113^a
Total liabilities	12,432.7^a	12,147^a
Shareholders’ equity	—	—
Preferred stock	0^a	0^a
Common stock	0.6^a	0.6^a
Additional paid-in capital	1,973.6^a	1,939.2^a
Accumulated other comprehensive loss	-456.3^a	-517.2^a
Retained earnings	3,209.6^a	2,909.4^a
Treasury stock at cost	-1,885.7^a	-1,866.4^a
Total shareholders’ equity	2,841.8^a	2,465.6^a
Total liabilities and shareholders’ equity	15,274.5^a	14,612.6^a

Download Data

Verified Sources Behind Hanover Insurance Group’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Hanover Insurance Group’s data sources below and access millions more through our Disclosure Search.

a. Hanover Insurance Group's Annual Report 2024

Real-Time & Standardized Financials

Access Standardized Financial Statements within Minutes of Disclosure

Tracenable is building real-time standardized financial datafeeds and APIs covering global equities. Unlike limited and inconsistent XBRL parsing, our approach aims to deliver clean, comparable, and fully traceable data seconds after publication.

Could this solution support your investment or analytical workflows?

Explore Peer Companies

Welcome Back to Tracenable

Sign in to your account

Hanover Insurance Group Inc

Hanover Insurance Group's Financial Statements Preview

Verified Sources Behind Hanover Insurance Group’s Financial Fundamentals Data

Access Standardized Financial Statements within Minutes of Disclosure

Explore Peer Companies

Old Republic International Corp

Hagerty Inc

Kinsale Capital Group Inc

Kemper Corp

Assurant Inc

W R Berkley Corp