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The Hanover Insurance Group THG Increase (Decrease) in Premiums Receivable

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Other financials

Income statement

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Revenue$1.7B+4.3%
Operating income$251.9M+20.0%
Net income$191.6M+22.0%
EPS (diluted)$5.38+25.1%

Balance sheet

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Cash & equivalents$266.1M+9.0%
Total debt$844.0M+7.6%
Total equity$3.7B+14.2%
Total assets$16.9B+7.2%

Cash flow

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Operating cash flow$212.3M+2.8%
CapEx$2.9M+70.6%
Free cash flow$209.4M+2.2%

Valuation

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Market cap$8.06B+29.8%
Enterprise value$8.64B+28.0%
P/E10.7×-0.5×
P/S1.2×+0.2×

Profitability

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Operating margin14.2%
Net margin11.2%+2.5pp
FCF margin18.5%+5.3pp

Returns & leverage

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Return on equity21.9%+2.7pp
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:IncreaseDecreaseInPremiumsReceivable.

The source filing: The Hanover Insurance Group’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 5:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000944695-26-000014
(In millions)Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Amortization of defined benefit plan costs3.43.3
Deferred income tax benefit(3.0)(2.5)
Change in deferred acquisition costs(13.2)(11.7)
Change in premiums receivable, net of reinsurance premiums payable(88.9)(81.7)
Change in loss, loss adjustment expense and unearned premium reserves282.7225.6
Change in reinsurance recoverable(67.8)15.6
Change in expenses and taxes payable(123.6)(150.2)
Other, net(51.9)(74.5)

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is The Hanover Insurance Group's increase (decrease) in premiums receivable?
The Hanover Insurance Group (THG) reported increase (decrease) in premiums receivable of $92.5M in Q2 2026.
How has The Hanover Insurance Group's increase (decrease) in premiums receivable changed year-over-year?
The Hanover Insurance Group's increase (decrease) in premiums receivable increased by 13.4% year-over-year, from $81.6M to $92.5M.
What does increase (decrease) in premiums receivable mean?
This represents the net change in premiums due from policyholders or agents that have been billed but not yet collected. A significant increase may indicate a delay in cash collection or a change in payment terms, while a decrease suggests efficient cash conversion of earned premiums. It serves as a key indicator of the company's working capital efficiency and credit risk management within its insurance operations.

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