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The Hanover Insurance Group THG Personal Lines — Current Accident Year Losses And LAE

Other segment segments

Core Commercial Lines
$340.6M+8.6%
Specialty Lines
$188.5M+8.1%
All Other Segments
$0

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-$11M+42.1%

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 thg:CurrentAccidentYearLossesAndLAE.

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 income before interest expense and income taxes:
Net premiums earned$$579.3$365.8$652.51,597.6
Losses and LAE:
Current accident year losses and LAE340.6188.5363.1892.2
Prior year favorable development, excluding catastrophes(0.6)(10.8)(10.1)(21.5)
Current year catastrophe losses34.213.257.3104.7
Prior year favorable catastrophe development(7.8)(3.2)(1.9)(12.9)
Total losses and LAE366.4187.7408.4962.5

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is The Hanover Insurance Group's personal lines — current accident year losses and LAE?
The Hanover Insurance Group (THG) reported personal lines — current accident year losses and LAE of $363.1M in Q2 2026.
How has The Hanover Insurance Group's personal lines — current accident year losses and LAE changed year-over-year?
The Hanover Insurance Group's personal lines — current accident year losses and LAE decreased by 4.4% year-over-year, from $380M to $363.1M.
What is the long-term trend for The Hanover Insurance Group's personal lines — current accident year losses and LAE?
Over 3 years (2022 to 2025), The Hanover Insurance Group's personal lines — current accident year losses and LAE has grown at a 1.3% compound annual growth rate (CAGR), from $1.46B to $1.52B.
What does personal lines — current accident year losses and LAE mean?
This measures the estimated costs for claims and loss adjustment expenses occurring within the current reporting period. It is a critical indicator of the underlying underwriting quality and the adequacy of pricing for new and renewed policies. Lower values relative to earned premiums suggest superior risk selection and pricing discipline.

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