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The Hanover Insurance Group THG Deferred Policy Acquisition Costs, Amortization Expense

Deferred Policy Acquisition Costs, Amortization Expense at other companies

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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:DeferredPolicyAcquisitionCostAmortizationExpense.

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 deferred policy acquisition costs, amortization expense?
The Hanover Insurance Group (THG) reported deferred policy acquisition costs, amortization expense of $333.2M in Q1 2026.
How has The Hanover Insurance Group's deferred policy acquisition costs, amortization expense changed year-over-year?
The Hanover Insurance Group's deferred policy acquisition costs, amortization expense increased by 6.1% year-over-year, from $313.9M to $333.2M.
What is the long-term trend for The Hanover Insurance Group's deferred policy acquisition costs, amortization expense?
Over 4 years (2021 to 2025), The Hanover Insurance Group's deferred policy acquisition costs, amortization expense has grown at a 6.9% compound annual growth rate (CAGR), from $982.7M to $1.29B.
What does deferred policy acquisition costs, amortization expense mean?
This reflects the systematic recognition of costs directly associated with acquiring new insurance policies, such as commissions and underwriting expenses, over the life of the policy. It aligns the timing of acquisition expenses with the recognition of related premium revenue. Monitoring this helps investors understand the underlying profitability of new business production and the efficiency of the distribution network.