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The Hanover Insurance Group THG Increase (Decrease) in Reinsurance Recoverable

Increase (Decrease) in Reinsurance Recoverable at other companies

Progressive logo
ProgressivePGR
-$80M+74.7%
The Travelers Companies logo
The Travelers CompaniesTRV
$108M+11.3%
Allstate logo
AllstateALL
-$78M-106%
Axis Capital Holders logo
Axis Capital HoldersAXS
-$52.26M-149%
The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG
-$118M-336%
W.R. Berkley logo
W.R. BerkleyWRB
-$15.25M-135%

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:IncreaseDecreaseInReinsuranceRecoverable.

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 increase (decrease) in reinsurance recoverable?
The Hanover Insurance Group (THG) reported increase (decrease) in reinsurance recoverable of $40.6M in Q1 2026.
How has The Hanover Insurance Group's increase (decrease) in reinsurance recoverable changed year-over-year?
The Hanover Insurance Group's increase (decrease) in reinsurance recoverable increased by 2.3% year-over-year, from $39.7M to $40.6M.
What is the long-term trend for The Hanover Insurance Group's increase (decrease) in reinsurance recoverable?
Over 2 years (2022 to 2025), The Hanover Insurance Group's increase (decrease) in reinsurance recoverable has grown at a -48.6% compound annual growth rate (CAGR), from $62.8M to $16.6M.
What does increase (decrease) in reinsurance recoverable mean?
This represents the change in the amount the company expects to recover from reinsurers for claims paid or reserves established for losses. An increase suggests that the company is ceding more risk to reinsurers or that claims covered by reinsurance have increased. It is a vital metric for evaluating the company's reliance on reinsurance partners and the effectiveness of its risk transfer strategies.