The Hanover Insurance Group THG Michigan Catastrophic Claims Association — Ceded Premiums Earned
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Where this comes from
Reported directly by The Hanover Insurance Group in its filing.
Tagged under the XBRL concept us-gaap:CededPremiumsEarned.
The official record: The Hanover Insurance Group’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is The Hanover Insurance Group's michigan catastrophic claims association — ceded premiums earned?
- The Hanover Insurance Group (THG) reported michigan catastrophic claims association — ceded premiums earned of $7.43M in Q4 2025.
- How has The Hanover Insurance Group's michigan catastrophic claims association — ceded premiums earned changed year-over-year?
- The Hanover Insurance Group's michigan catastrophic claims association — ceded premiums earned decreased by 24.2% year-over-year, from $9.8M to $7.43M.
- What is the long-term trend for The Hanover Insurance Group's michigan catastrophic claims association — ceded premiums earned?
- Over 3 years (2022 to 2025), The Hanover Insurance Group's michigan catastrophic claims association — ceded premiums earned has grown at a -5.0% compound annual growth rate (CAGR), from $34.6M to $29.7M.
- What does michigan catastrophic claims association — ceded premiums earned mean?
- This metric represents the portion of premiums earned by the insurer that is transferred to a reinsurer under the Michigan Catastrophic Claims Association arrangement. It reflects the cost of transferring underwriting risk to external parties to protect against high-severity claims. Monitoring this helps investors understand the company's risk mitigation strategy and the net retention of premium revenue.