The Hanover Insurance Group, Inc. (THG) SEC Filings & Earnings Calls

Catastrophe Loss Exposure

“Pre-tax catastrophe losses were $190.7 million for the six months ended June 30, 2026, compared to $203.1 million during the same period of 2025, a decrease of $12.4 million. The catastrophe losses in the first six months of 2026 were primarily due to severe convective storms across multiple states.” · word for word

Interest Rate Risk

“The change in net unrealized losses on fixed maturities was primarily driven by higher interest rates.” · word for word

Competitive Pressure

“The competitive nature of the Core Commercial market requires us to be highly disciplined in our underwriting process to ensure that we write business at acceptable margins.” · word for word

Catastrophe loss exposure could impact underwriting results

“Insurance company with property exposure; no specific catastrophe loss disclosed”

Catastrophe loss volatility

“Pre-tax catastrophe losses were $98.9 million for the three months ended March 31, 2026, compared to $95.6 million during the same period of 2025, an increase of $3.3 million.” · word for word

Interest rate sensitivity

“The change in net unrealized losses on fixed maturities was primarily driven by higher interest rates and, to a lesser extent, changes in credit spreads.” · word for word

Personal Lines margin pressure

“Personal Lines underwriting profit for the three months ended March 31, 2026 was $52.3 million, compared to $61.7 million for the three months ended March 31, 2025, a decrease in underwriting results of $9.4 million.” · word for word

No significant risk signals identified in this financial supplement filing.

Social inflation and legal system abuse

“We have experienced, and others in the industry have reported, increased attorney involvement in claims resulting in delayed claim settlements, legal system abuse dynamics, and a trend toward higher valued settlements and litigation, all of which contribute to uncertainty regarding reserve estimates.” · word for word

Inflationary pressure on claims costs

“Inflation generally increases the cost of losses covered by insurance contracts. ... we monitor, and continue to experience, increases in medical costs, wages, and legal defense costs, all of which are key considerations in setting reserve assumptions for workers' compensation, bodily injury and other liability lines.” · word for word

Reserve estimation uncertainty

“Given the inherent complexity of our loss reserve estimation process and the potential variability of the assumptions used, the actual emergence of losses will vary, perhaps substantially, from the estimate of losses included in our financial statements.” · word for word

Core Commercial underwriting deterioration

“Core Commercial current accident year underwriting profit, excluding catastrophes, was $112.4 million for the nine months ended September 30, 2025, compared to $142.2 million for the nine months ended September 30, 2024, a decrease of $29.8 million.” · word for word

Policy count decline in Personal Lines

“Personal automobile PIF decreased by 3.2% since September 30, 2024. Homeowners PIF decreased by 2.5% since September 30, 2024.” · word for word

Catastrophe loss volatility

“Pre-tax catastrophe losses were $249.3 million for the nine months ended September 30, 2025 compared to $349.9 million during the same period of 2024.” · word for word

No explicit risk signals in the excerpt; financial supplement is primarily historical data.