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The Hanover Insurance Group THG Specialty Lines — Current Year Catastrophe Losses

Other segment segments

Personal Lines
$57.3M-20.6%
Core Commercial Lines
$34.2M+35.7%
All Other Segments
$0

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HGBermuda — Catastrophe loss ratio - current year
0%

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:CurrentYearCatastropheLosses.

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
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
Amortization of deferred acquisition costs and other underwriting expenses(1)189.7135.9174.7500.3
Underwriting income23.242.269.4134.8

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is The Hanover Insurance Group's specialty lines — current year catastrophe losses?
The Hanover Insurance Group (THG) reported specialty lines — current year catastrophe losses of $13.2M in Q2 2026.
How has The Hanover Insurance Group's specialty lines — current year catastrophe losses changed year-over-year?
The Hanover Insurance Group's specialty lines — current year catastrophe losses decreased by 18.0% year-over-year, from $16.1M to $13.2M.
What does specialty lines — current year catastrophe losses mean?
This represents the financial impact of large-scale, unpredictable events such as natural disasters on the segment's underwriting results. Because these losses are inherently volatile, this metric helps investors isolate the impact of extreme events from the underlying operational performance. Monitoring this figure is essential for assessing the segment's exposure to catastrophic risk.

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