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Dec 31, 2020
Hanover Q4 2020 Earnings Report
Reported net income of $164.6 million and operating income of $4.43 and $3.02 per diluted share, respectively.
Key Takeaways
The Hanover Insurance Group, Inc. reported net income of $164.6 million, or $4.43 per diluted share, in Q4 2020, compared to $109.8 million, or $2.76 per diluted share, in the prior-year quarter. Operating income was $112.0 million, or $3.02 per diluted share, for the fourth quarter of 2020.
Combined ratio of 92.4%; combined ratio, excluding catastrophes of 89.4%
Net premiums written increase of approximately 1%
Rate increases of 6.4% in core commercial lines and 4.4% in Personal Lines
Catastrophe loss ratio of 3.0%
Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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