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The Hanover Insurance Group THG Change in deferred policy acquisition costs

Change in deferred policy acquisition costs at other companies

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$2.37M-54.6%
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$132.92M+28.4%
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$22.8M-6.6%
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$703M+7.3%
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CNA FinancialCNA

Other financials

Income statement

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Revenue$1.7B+6.1%
Operating income$250.2M+34.2%
Net income$186.8M+45.7%
EPS (diluted)$5.20+48.6%

Balance sheet

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Cash & equivalents$243.5M-22.7%
Total debt$843.8M+7.6%
Total equity$3.6B+17.3%
Total assets$16.5B+6.8%

Cash flow

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Operating cash flow$118.8M+205%
CapEx$3.5M+94.4%
Free cash flow$115.3M+211%

Valuation

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Market cap$6.92B-2.7%
Enterprise value$7.53B-0.6%
P/E9.6×-6.6×
P/S-0.1×

Profitability

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Operating margin13.4%
Net margin10.8%+3.8pp
FCF margin18.7%+6.3pp

Returns & leverage

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Return on equity21.8%+6.0pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by The Hanover Insurance Group in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts.

The official record: The Hanover Insurance Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The Hanover Insurance Group's change in deferred policy acquisition costs?
The Hanover Insurance Group (THG) reported change in deferred policy acquisition costs of -$12.2M in Q1 2026.
How has The Hanover Insurance Group's change in deferred policy acquisition costs changed year-over-year?
The Hanover Insurance Group's change in deferred policy acquisition costs decreased by 106.8% year-over-year, from -$5.9M to -$12.2M.
What is the long-term trend for The Hanover Insurance Group's change in deferred policy acquisition costs?
Over 2 years (2021 to 2024), The Hanover Insurance Group's change in deferred policy acquisition costs has grown at a -24.8% compound annual growth rate (CAGR), from $74.5M to $42.1M.
What does change in deferred policy acquisition costs mean?
This metric tracks the change in costs directly associated with the acquisition of new or renewed insurance contracts, such as commissions and underwriting expenses, which are capitalized and amortized over the life of the policy. An increase indicates that the company is deferring more costs than it is amortizing, often signaling growth in new business production. It is a critical indicator of the timing of expense recognition relative to premium revenue generation.