THG - Hanover Insurance: Potential For Rebound Given Continued Premium Growth
- Hanover Insurance Group has seen a decline in the past couple of months, albeit less than the broader market.
- Despite strong performance across the US private auto segment, the company faces higher catastrophic loss risks across its commercial lines.
- However, premium growth for commercial insurance is still slightly higher than that of personal insurance.
- The stock could see significant rebound if premium demand growth continues and the broader market sees a resurgence in risk appetite.
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Hanover Insurance: Potential For Rebound Given Continued Premium Growth