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The Hanover Insurance Group THG Other Locations — Other Investments

Other geography segments

South Atlantic
$75.1M-8.6%
Pacific
$63.5M-23.2%
New England
$39.7M-2.2%
Mid Atlantic
$28.7M-32.6%
West South Central
$22.3M-2.2%
West North Central
$8.9M

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LNCOther Investments
$8.74B+31.4%
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ARESOther — Total investments
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IDXXOther — Total Assets
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VNOOther — Carrying amount of investments in partially owned entities
$31.46M-1.6%
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UMBFOther Investments
$685.59M+5.9%

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:OtherInvestments.

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 other locations — other investments?
The Hanover Insurance Group (THG) reported other locations — other investments of $16.9M in Q4 2025.
How has The Hanover Insurance Group's other locations — other investments changed year-over-year?
The Hanover Insurance Group's other locations — other investments decreased by 44.8% year-over-year, from $30.6M to $16.9M.
What does other locations — other investments mean?
This metric represents the total carrying value of investment assets held within the company's 'Other' geographic or operational segment, excluding primary insurance-related portfolios. It captures capital allocations directed toward alternative asset classes, non-core holdings, or strategic investments that do not fall under the primary Commercial or Personal lines segments. Monitoring this figure helps investors assess the company's exposure to non-underwriting financial risks and the performance of its diversified investment strategy.