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The Hanover Insurance Group THG Benefits, Losses and Expenses

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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:BenefitsLossesAndExpenses.

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, except per share data)Three Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Amortization of deferred acquisition costs338.0319.0671.2632.9
Interest expense10.18.620.917.1
Other operating expenses171.0170.8333.7336.2
Total losses and expenses1,481.61,455.62,945.92,898.7
Income from continuing operations before income taxes244.6198.8481.7358.9
Income tax expense (benefit):
Current55.046.4106.676.4
Deferred(1.8)(4.5)(3.1)(2.6)

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is The Hanover Insurance Group's benefits, losses and expenses?
The Hanover Insurance Group (THG) reported benefits, losses and expenses of $1.48B in Q2 2026.
How has The Hanover Insurance Group's benefits, losses and expenses changed year-over-year?
The Hanover Insurance Group's benefits, losses and expenses increased by 1.8% year-over-year, from $1.46B to $1.48B.
What is the long-term trend for The Hanover Insurance Group's benefits, losses and expenses?
Over 4 years (2021 to 2025), The Hanover Insurance Group's benefits, losses and expenses has grown at a 5.1% compound annual growth rate (CAGR), from $4.71B to $5.75B.
What does benefits, losses and expenses mean?
This is the aggregate of all costs associated with insurance operations, including claims, loss adjustment expenses, acquisition costs, and general administrative expenses. It represents the total cost structure required to support the company's underwriting and investment activities. Comparing this to total revenue provides a clear view of the overall operational efficiency and profitability of the business.

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