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Dec 31, 2021
Hanover Q4 2021 Earnings Report
The Hanover reported record fourth quarter net income and operating income.
Key Takeaways
The Hanover Insurance Group, Inc. reported a strong performance in Q4 2021, with net income of $163.5 million, or $4.53 per diluted share, and operating income of $122.1 million, or $3.38 per diluted share. Net premiums written increased by 9.2%. The combined ratio was 92.9%, and 89.8% excluding catastrophes.
Combined ratio of 92.9%, and 89.8% excluding catastrophes.
Net premiums written increased by 9.2%.
Rate increases of 6.3% in core commercial lines, 8.9% in specialty, and 2.0% in personal lines.
Net investment income of $79.5 million, up 13.2% from the prior-year quarter.
Hanover
Hanover
Hanover Revenue by Segment
Revenue by Segment
Core Commercial Net Premiums Earned Revenue
CapyFin.comPersonal Lines Net Premiums Earned Revenue
CapyFin.com Forward Guidance
The Hanover did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income