The Hanover Insurance Group THG Reserve for insurance claims
Reserve for insurance claims at other companies
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Where this comes from
Reported directly by The Hanover Insurance Group in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense.
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 reserve for insurance claims?
- The Hanover Insurance Group (THG) reported reserve for insurance claims of $7.91B in Q1 2026.
- How has The Hanover Insurance Group's reserve for insurance claims changed year-over-year?
- The Hanover Insurance Group's reserve for insurance claims increased by 4.0% year-over-year, from $7.61B to $7.91B.
- What is the long-term trend for The Hanover Insurance Group's reserve for insurance claims?
- Over 5 years (2020 to 2025), The Hanover Insurance Group's reserve for insurance claims has grown at a 5.2% compound annual growth rate (CAGR), from $6.02B to $7.76B.
- What does reserve for insurance claims mean?
- This liability represents the estimated total cost of all insurance claims that have been reported but not yet settled, as well as claims that have been incurred but not yet reported. It is one of the most significant estimates in an insurer's financial statements, reflecting the company's actuarial assessment of future obligations. Accurate reserving is essential for maintaining long-term solvency and profitability.