The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers’ compensation, and other commercial lines coverage. The Specialty segment provides professional and executive Lines, marine, and surety and other, as well as specialty property and casualty, such as program business, specialty industrial business, excess and surplus business, and specialty general liability coverage. The Personal Lines segment offers personal automobile and homeowner’s coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment advisory services to institutions, insurance companies, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
Financial Resilience | The Hanover Insurance Group demonstrates strong financial performance, surpassing analyst expectations with Q3 operating EPS of $3.05 and steady book value growth |
Risk Management | Explore THG's proactive approach to mitigating weather-related losses through strategic rate and non-rate actions, balancing growth with profitability |
Market Positioning | Delve into THG's competitive edge in Core Commercial and Specialty segments, with pricing strategies outpacing loss cost trends and improving underwriting margins |
Future Outlook | Analyst price targets range from $160 to $175, reflecting confidence in THG's growth potential despite challenges in catastrophe loss management |
Metrics to compare | THG | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipTHGPeersSector | |
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P/E Ratio | 13.8x | 20.4x | 8.9x | |
PEG Ratio | 0.01 | 0.14 | 0.03 | |
Price/Book | 2.1x | 1.0x | 1.0x | |
Price / LTM Sales | 0.9x | 0.5x | 2.8x | |
Upside (Analyst Target) | 10.0% | 8.5% | 12.8% | |
Fair Value Upside | Unlock | 14.7% | 3.8% | Unlock |