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The Hanover Insurance Group THG Specialty Lines — Policyholder Benefits And Claims Incurred Net

Other segment segments

Personal Lines
$425.4M+5.2%
Core Commercial Lines
$360M-5.0%
All Other Segments
$0

Similar metrics at other companies

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$817.2M+8.2%
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RGAPolicyholder Benefits And Claims Incurred Net
$4.62B+20.9%
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AIZPolicyholder Benefits And Claims Incurred Net
$769.1M-1.4%
Fidelity National Financial logo
FNFPolicyholder Benefits And Claims Incurred Net
$62M+14.8%
Lincoln National logo
LNCPolicyholder Benefits And Claims Incurred Net
$2.06B-0.6%
Unum logo
UNMPolicyholder Benefits And Claims Incurred Net
$1.96B-0.2%

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:PolicyholderBenefitsAndClaimsIncurredNet.

The official record: The Hanover Insurance Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The Hanover Insurance Group's specialty lines — policyholder benefits and claims incurred net?
The Hanover Insurance Group (THG) reported specialty lines — policyholder benefits and claims incurred net of $172.2M in Q1 2026.
How has The Hanover Insurance Group's specialty lines — policyholder benefits and claims incurred net changed year-over-year?
The Hanover Insurance Group's specialty lines — policyholder benefits and claims incurred net increased by 0.1% year-over-year, from $172.1M to $172.2M.
What is the long-term trend for The Hanover Insurance Group's specialty lines — policyholder benefits and claims incurred net?
Over 3 years (2022 to 2025), The Hanover Insurance Group's specialty lines — policyholder benefits and claims incurred net has grown at a 1.8% compound annual growth rate (CAGR), from $641.8M to $676.9M.
What does specialty lines — policyholder benefits and claims incurred net mean?
This represents the total net cost of claims and associated benefits paid or reserved for policyholders during the period. It is the primary expense component for an insurance segment and directly impacts the underwriting margin. High levels of incurred claims relative to premiums can signal deteriorating underwriting performance or adverse loss trends.