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The Hanover Insurance Group THG Specialty Lines — Supplementary Insurance Information Unearned Premiums

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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 us-gaap:SupplementaryInsuranceInformationUnearnedPremiums.

The source filing: The Hanover Insurance Group’s 10-K, filed February 20, 2026.

Filed
Feb 20, 2026, 1:43 PM EST
Fiscal year
FY2025
Accession
0001193125-26-060983
DECEMBER 31, 2025 / (in millions) / SegmentsDECEMBER 31, 2025 / DeferredacquisitioncostsFuturepolicybenefits,losses,claimsand lossexpensesUnearnedpremiumsOtherpolicyclaimsandbenefitspayablePremium revenueNetinvestmentincome (1)Benefits,claims,lossesandsettlementexpensesAmortizationof deferredacquisitioncostsOtheroperatingexpenses(2)Premiumswritten
Core Commercial$234.6$3,853.1$1,187.9$8.3$2,211.0$202.5$1,411.9$481.2$274.7$2,273.7
Specialty227.01,725.7850.87.11,398.3102.6676.9367.2165.51,441.5
Personal Lines241.42,131.41,401.72,551.8128.51,639.8436.8238.62,606.9
Other29.620.80.714.1
Interest on Debt43.2
Eliminations
Total$703.0$7,739.8$3,440.4$15.4$6,161.1$454.4$3,729.3$1,285.2$736.1$6,322.1

ITEM 16 – FORM 10-K SUMMARY

FAQ

What is The Hanover Insurance Group's specialty lines — supplementary insurance information unearned premiums?
The Hanover Insurance Group (THG) reported specialty lines — supplementary insurance information unearned premiums of $850.8M in Q4 2025.
How has The Hanover Insurance Group's specialty lines — supplementary insurance information unearned premiums changed year-over-year?
The Hanover Insurance Group's specialty lines — supplementary insurance information unearned premiums increased by 6.3% year-over-year, from $800.4M to $850.8M.
What does specialty lines — supplementary insurance information unearned premiums mean?
This represents the portion of premiums written that has not yet been earned by the insurer as of the reporting date. It reflects the company's obligation to provide coverage for the remaining duration of existing policy terms. A growing balance typically indicates an expanding book of business within the specialty segment.

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