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The Hanover Insurance Group THG Prior Year Favorable Catastrophe Development
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Where this comes from
Reported directly by The Hanover Insurance Group in its filing.
Tagged under the XBRL concept thg:PriorYearFavorableCatastropheDevelopment.
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) | Three Months Ended / Core Commercial | Three Months Ended / Specialty | Three Months Ended / Personal Lines | Three Months Ended / Other | Three Months Ended / Total |
|---|---|---|---|---|---|
| Current accident year losses and LAE | 340.6 | 188.5 | 363.1 | — | 892.2 |
| Prior year favorable development, excluding catastrophes | (0.6) | (10.8) | (10.1) | — | (21.5) |
| Current year catastrophe losses | 34.2 | 13.2 | 57.3 | — | 104.7 |
| Prior year favorable catastrophe development | (7.8) | (3.2) | (1.9) | — | (12.9) |
| Total losses and LAE | 366.4 | 187.7 | 408.4 | — | 962.5 |
| Amortization of deferred acquisition costs and other underwriting expenses(1) | 189.7 | 135.9 | 174.7 | — | 500.3 |
| Underwriting income | 23.2 | 42.2 | 69.4 | — | 134.8 |
| Net investment income | 55.3 | 27.2 | 33.3 | 3.8 | 119.6 |
ITEM 1 - FINANCIAL STATEMENTS
FAQ
- What is The Hanover Insurance Group's prior year favorable catastrophe development?
- The Hanover Insurance Group (THG) reported prior year favorable catastrophe development of -$12.9M in Q2 2026.
- How has The Hanover Insurance Group's prior year favorable catastrophe development changed year-over-year?
- The Hanover Insurance Group's prior year favorable catastrophe development decreased by 115.0% year-over-year, from -$6M to -$12.9M.
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