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The Hanover Insurance Group THG Specialty Lines — Catastrophe Losses

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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 thg:CatastropheLosses.

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 specialty lines — catastrophe losses?
The Hanover Insurance Group (THG) reported specialty lines — catastrophe losses of $9.53M in Q4 2025.
How has The Hanover Insurance Group's specialty lines — catastrophe losses changed year-over-year?
The Hanover Insurance Group's specialty lines — catastrophe losses decreased by 27.0% year-over-year, from $13.05M to $9.53M.
What is the long-term trend for The Hanover Insurance Group's specialty lines — catastrophe losses?
Over 3 years (2022 to 2025), The Hanover Insurance Group's specialty lines — catastrophe losses has grown at a -2.7% compound annual growth rate (CAGR), from $41.4M to $38.1M.
What does specialty lines — catastrophe losses mean?
This represents the financial impact of large-scale, unpredictable events such as natural disasters or major accidents on the segment's insurance portfolio. It measures the volatility of the segment's underwriting results due to external environmental or catastrophic factors. High levels of these losses can significantly impact short-term profitability and capital adequacy.