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The Hanover Insurance Group THG Core Commercial Lines — Premiums Earned Net

Other segment segments

Personal Lines
$652.5M+2.7%
Specialty Lines
$365.8M+2.8%
All Other Segments
$0

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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$7.98B+28.5%
Enterprise value$8.56B+26.8%
P/E10.6×-0.6×
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:PremiumsEarnedNet.

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 CommercialThree Months Ended / SpecialtyThree Months Ended / Personal LinesThree Months Ended / OtherThree Months Ended / Total
Operating revenues:
Premiums$$579.3$365.8$652.51,597.6
Net investment income55.327.233.33.8119.6
Fees and other income1.31.23.76.2
Total operating revenues$$635.9$394.2$689.53.81,723.4
Net realized and unrealized investment gains2.8
Total revenues$1,726.2
Operating income before interest expense and income taxes:

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is The Hanover Insurance Group's core commercial lines — premiums earned net?
The Hanover Insurance Group (THG) reported core commercial lines — premiums earned net of $579.3M in Q2 2026.
How has The Hanover Insurance Group's core commercial lines — premiums earned net changed year-over-year?
The Hanover Insurance Group's core commercial lines — premiums earned net increased by 4.5% year-over-year, from $554.3M to $579.3M.
What is the long-term trend for The Hanover Insurance Group's core commercial lines — premiums earned net?
Over 3 years (2022 to 2025), The Hanover Insurance Group's core commercial lines — premiums earned net has grown at a 4.3% compound annual growth rate (CAGR), from $1.95B to $2.21B.
What does core commercial lines — premiums earned net mean?
Represents the portion of insurance premiums that the insurer has recognized as revenue over the policy period after accounting for reinsurance ceded. This metric reflects the actual volume of risk the company has earned during the reporting period within its commercial lines segment. It is a primary indicator of the company's market reach and top-line growth in the commercial insurance sector.

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