The Hanover Insurance Group THG Reinsurance balances payable
Reinsurance balances payable at other companies
Other financials
Where this comes from
Reported directly by The Hanover Insurance Group in its filing.
Tagged under the XBRL concept us-gaap:ReinsurancePayable.
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 reinsurance balances payable?
- The Hanover Insurance Group (THG) reported reinsurance balances payable of $43.4M in Q1 2026.
- How has The Hanover Insurance Group's reinsurance balances payable changed year-over-year?
- The Hanover Insurance Group's reinsurance balances payable decreased by 5.2% year-over-year, from $45.8M to $43.4M.
- What is the long-term trend for The Hanover Insurance Group's reinsurance balances payable?
- Over 5 years (2020 to 2025), The Hanover Insurance Group's reinsurance balances payable has grown at a -1.4% compound annual growth rate (CAGR), from $48.4M to $45.2M.
- What does reinsurance balances payable mean?
- This represents the amounts owed to reinsurers for premiums ceded under reinsurance contracts or for adjustments related to claims activity. It is a standard liability reflecting the cost of transferring risk to external partners to manage the company's net exposure. Monitoring this balance is important for understanding the company's net cash obligations to its reinsurance counterparties.