THG - Hanover Insurance Non-GAAP EPS of -$1.05 in-line revenue of $1.33B beats by $30M
- Hanover Insurance press release ( NYSE: THG ): Q4 Non-GAAP EPS of -$1.05 in-line.
- Revenue of $1.33B (+9.9% Y/Y) beats by $30M .
- Combined ratio of 108.0%, and 94.1% excluding catastrophes
- Catastrophe losses of $189.6 million, or 13.9 points, including the impact from Winter Storm Elliott of $165 million
- Net premiums written increase of 9.1%, with strong contributions from each segment
- Specialty and 10.1% in Personal Lines, driven by homeowners renewal price change of 15.5%
- Rate increases of 7.2% in Core Commercial, 8.2% in Specialty and 5.4% in Personal Lines
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Hanover Insurance Non-GAAP EPS of -$1.05 in-line, revenue of $1.33B beats by $30M