Hanover Insurance Group Reports Record Q3 2026 Operating EPS Amid Specialty Segment Growth
The Hanover Insurance Group (THG) reported record third-quarter operating earnings per share of $5.15, surpassing the prior year's $5.09. The company saw net written premium growth of 3.1% year-over-year, fueled by strong performance in its Specialty and Core Commercial segments. Notably, the Excess and Surplus (E&S) segment accelerated to 11.7% growth, supported by new AI-enabled submission technologies. Despite catastrophe losses totaling $109.7 million due to Midwest weather events, Hanover maintained a solid combined ratio of 92.3%. The company is actively shifting its strategy toward higher-value personal lines and middle-market commercial business. While unrealized losses in the fixed income portfolio caused a slight decrease in book value per share, strong investment income and aggressive share repurchases underscore a robust capital management approach.
Tickers: $THG
Topics: earnings report insurance underwriting net written premium growth operating EPS share repurchases
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