The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. It offers commercial multiple peril, workers’ compensation, commercial automobile, and other commercial lines coverage; and professional and executive lines, marine, and surety and other, as well as specialty property and casualty comprising Hanover program business, excess and surplus business, Hanover specialty industrial, and specialty general liability business coverage. The company also provides personal automobile; and homeowners and other personal lines, including residences and personal property, liability claims, personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. It markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
Strategic Resilience | Explore The Hanover Insurance Group's adept navigation of market challenges through targeted underwriting and effective risk management strategies |
Financial Fortitude | Delve into THG's robust Q3 2024 performance, surpassing EPS estimates and maintaining a 21-year dividend streak amid industry headwinds |
Segment Dynamics | Uncover the nuanced performance across THG's business lines, from the strong Core Commercial and Specialty segments to the improving Personal Lines |
Future Prospects | Analysts project a bullish outlook with price targets around $175, buoyed by THG's strategic initiatives and potential for improved investment yields |
Metrics to compare | THG | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipTHGPeersSector | |
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P/E Ratio | 13.6x | 7.4x | 9.6x | |
PEG Ratio | 0.08 | 0.01 | 0.03 | |
Price/Book | 2.0x | 1.0x | 1.0x | |
Price / LTM Sales | 1.0x | 0.6x | 2.9x | |
Upside (Analyst Target) | 14.1% | 17.5% | 11.2% | |
Fair Value Upside | Unlock | 0.2% | 1.9% | Unlock |