Company Quick10K Filing
Hanover Insurance Group
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 41 $5,247
10-K 2020-02-24 Annual: 2019-12-31
10-Q 2019-10-31 Quarter: 2019-09-30
10-Q 2019-08-01 Quarter: 2019-06-30
10-Q 2019-05-02 Quarter: 2019-03-31
10-K 2019-02-22 Annual: 2018-12-31
10-Q 2018-11-01 Quarter: 2018-09-30
10-Q 2018-08-03 Quarter: 2018-06-30
10-Q 2018-05-03 Quarter: 2018-03-31
10-K 2018-02-27 Annual: 2017-12-31
10-Q 2017-11-02 Quarter: 2017-09-30
10-Q 2017-08-03 Quarter: 2017-06-30
10-Q 2017-05-04 Quarter: 2017-03-31
10-K 2017-02-22 Annual: 2016-12-31
10-Q 2016-11-04 Quarter: 2016-09-30
10-Q 2016-07-29 Quarter: 2016-06-30
10-Q 2016-05-05 Quarter: 2016-03-31
10-K 2016-02-25 Annual: 2015-12-31
10-Q 2015-10-30 Quarter: 2015-09-30
10-Q 2015-07-30 Quarter: 2015-06-30
10-Q 2015-05-01 Quarter: 2015-03-31
10-K 2015-02-24 Annual: 2014-12-31
10-Q 2014-10-30 Quarter: 2014-09-30
10-Q 2014-08-01 Quarter: 2014-06-30
10-Q 2014-05-01 Quarter: 2014-03-31
10-K 2014-02-25 Annual: 2013-12-31
10-Q 2013-11-01 Quarter: 2013-09-30
10-Q 2013-08-01 Quarter: 2013-06-30
10-Q 2013-05-01 Quarter: 2013-03-31
10-K 2013-02-26 Annual: 2012-12-31
10-Q 2012-11-01 Quarter: 2012-09-30
10-Q 2012-08-02 Quarter: 2012-06-30
10-Q 2012-05-04 Quarter: 2012-03-31
10-K 2012-02-29 Annual: 2011-12-31
10-Q 2011-11-08 Quarter: 2011-09-30
10-Q 2011-08-09 Quarter: 2011-06-30
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-02-24 Annual: 2010-12-31
10-Q 2010-11-04 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-03-01 Annual: 2009-12-31
8-K 2020-03-26 Exhibits
8-K 2020-02-04 Earnings, Exhibits
8-K 2020-01-16 Earnings, Exhibits
8-K 2019-12-05 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2019-10-30 Earnings, Exhibits
8-K 2019-07-31 Earnings, Exhibits
8-K 2019-06-25 Enter Agreement, Off-BS Arrangement, Officers, Other Events, Exhibits
8-K 2019-05-14 Shareholder Vote
8-K 2019-05-01 Earnings, Exhibits
8-K 2019-01-30 Earnings, Exhibits
8-K 2019-01-15 Other Events, Exhibits
8-K 2018-12-28 Enter Agreement, Leave Agreement, M&A, Off-BS Arrangement, Other Events, Exhibits
8-K 2018-10-31 Earnings, Exhibits
8-K 2018-09-17 Officers, Officers
8-K 2018-09-13 Enter Agreement, Regulation FD, Exhibits
8-K 2018-08-01 Earnings, Exhibits
8-K 2018-05-15 Shareholder Vote
8-K 2018-05-02 Earnings, Exhibits
8-K 2018-04-16 Other Events, Exhibits
8-K 2018-03-28 Other Events, Exhibits
8-K 2018-01-31 Earnings, Exhibits

Hanover Insurance Group Financials

THG Metrics, Comps, Filings

Annual | Quarterly

Business

The Hanover Insurance Group, Inc. ("THG") is a holding company organized as a Delaware corporation in 1995. We trace our roots to as early as 1852, when the Hanover Fire Insurance Company was founded. Our primary business operations are property and casualty insurance products and services. We market our products and services through independent agents and brokers in the United States ("U.S."). Our consolidated financial statements include the accounts of THG; The Hanover Insurance Company ("Hanover Insurance") and Citizens Insurance Company of America ("Citizens"), which are our principal property and casualty subsidiaries; and other insurance and non-insurance subsidiaries. Our results of operations also include the results of our discontinued operations, consisting primarily of our former Chaucer international business, as well as our former accident and health, and life insurance businesses. As discussed further in "Discontinued Operations" below, on December 28, 2018, we completed the sale of Chaucer Holdings Limited, the major portion of our Lloyd's international specialty business, to China Reinsurance (Group) Corporation ("China Re"). We subsequently completed the sale of our Chaucer-related Irish entity on February 14, 2019. The sale of the Australian entities is pending, subject only to local regulatory approval, and is expected to close in the first quarter of 2019.

We conduct our business operations through three operating segments. These segments are Commercial Lines, Personal Lines, and Other. We report interest expense related to our corporate debt separately from the earnings of our operating segments.

Information with respect to each of our segments is included in "Results of Operations - Segments" in Management's Discussion and Analysis of Financial Condition and in Note 14 - "Segment Information" in the Notes to Consolidated Financial Statements.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Old Republic (ORI) 7,037 0% 8.0 3% 21,182 15,388 6,565 0 674 870 6,927
Renaissancere Holdings (RNR) 8,388 0% 18.3 2% 25,644 16,914 3,036 0 435 490 8,977
Hanover Insurance Group (THG) 5,388 0% 10.0 3% 12,627 9,540 4,736 0 439 526 5,231
Kemper (KMPR) 5,246 0% 10.5 3% 12,820 8,926 4,850 0 413 563 5,930
Axis Capital Holdings (AXS) 5,663 0% 11.2 1% 25,496 19,910 3,836 0 324 398 4,454
MGIC Investment (MTG) 4,777 0% 6.3 11% 6,147 1,987 902 0 654 861 5,438
Radian Group (RDN) 5,054 93% 6.0 10% 6,671 2,748 1,139 1,058 651 831 5,002
Essent Group (ESNT) 4,861 0% 8.0 14% 3,722 867 639 0 537 627 5,037
Selective Insurance Group (SIGI) 4,427 0% 16.0 3% 8,719 6,582 2,761 0 251 317 5,074
Assured Guaranty (AGO) 4,602 0% 10.8 3% 13,367 6,715 667 0 353 517 5,607
RLI (RLI) 4,254 0% 29.2 3% 3,505 2,505 739 0 118 149 4,339
Enstar (ESGR) 4,161 0% 5.6 3% 18,213 13,128 2,228 0 629 714 4,031
White Mountains Insurance Group (WTM) 3,433 0% 9.4 9% 3,836 765 724 0 331 374 3,514
Mercury General (MCY) 3,060 100% 9.6 4% 5,873 4,071 2,985 2,977 207 285 2,744
National General Holdings (NGHC) 2,655 0% 6.6 3% 10,074 7,542 4,997 0 267 470 3,122
Aspen Insurance Holdings (AHL) 2,528 0% -16.3 -1% 12,978 10,261 2,454 0 -147 -121 1,977
Proassurance (PRA) 2,166 0% 37.4 1% 4,824 3,235 750 0 36 63 2,352
Kinsale Capital Group (KNSL) 2,244 0% 36.6 5% 1,036 646 280 0 50 59 2,158
Navigators Group (NAVG) 2,086 0% 39.0 0% 5,856 4,626 1,527 0 2 47 1,844
NMI Holdings (NMIH) 1,890 0% 9.4 12% 1,301 428 274 0 157 211 1,992

Balance Sheet ($MM)2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-31
Cash02909432127671,0210
Accounts Receivable00
Inventory00
PP&E00
Assets08,5703,2293,3043,3983,6483,6373,69115,47012,4000
Accounts Payable00
Long-Term Debt06066796789069058147877877880
Liabilities06,10972070880380479383312,4729,4450
Stockholders' Equity02,4602,5102,5952,5942,8442,8442,8582,9982,9550
Income Statement ($MM)2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-31
Revenue03,1523032292628285,1844,4940
Cost of Revenue00
Gross Profit00
R&D00
SG&A00
Tax058-10-17838573098440
Net Income015537562512823321551863910
Cash Flow ($MM)2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-31
Cash Operating084-30501078472847055510
Cash Investing0-99-1833930-55680-5062710
Cash Financing0-9155-74-43-79-108-363-112-1710