Hanover Insurance Group Inc
NYSE:THG

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Hanover Insurance Group Inc
NYSE:THG
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Price: 155.075 USD -0.21%
Market Cap: 5.6B USD
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Hanover Insurance Group Inc
Other Liabilities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Hanover Insurance Group Inc
Other Liabilities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Liabilities CAGR 3Y CAGR 5Y CAGR 10Y
Hanover Insurance Group Inc
NYSE:THG
Other Liabilities
$939.4m
CAGR 3-Years
97%
CAGR 5-Years
52%
CAGR 10-Years
23%
Travelers Companies Inc
NYSE:TRV
Other Liabilities
$7.1B
CAGR 3-Years
3%
CAGR 5-Years
3%
CAGR 10-Years
3%
Allstate Corp
NYSE:ALL
Other Liabilities
$12.8B
CAGR 3-Years
-33%
CAGR 5-Years
6%
CAGR 10-Years
9%
Progressive Corp
NYSE:PGR
Other Liabilities
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Markel Corp
NYSE:MKL
Other Liabilities
$5.1B
CAGR 3-Years
4%
CAGR 5-Years
11%
CAGR 10-Years
8%
Cincinnati Financial Corp
NASDAQ:CINF
Other Liabilities
$1.9B
CAGR 3-Years
20%
CAGR 5-Years
16%
CAGR 10-Years
11%
No Stocks Found

Hanover Insurance Group Inc
Glance View

Market Cap
5.6B USD
Industry
Insurance

Hanover Insurance Group Inc., rooted in a rich history dating back to 1852, has evolved into a dynamic player within the insurance industry. With a strong focus on property and casualty insurance, the company employs a strategy that weaves together a robust portfolio of products tailored for both individuals and small to medium-sized businesses. At its core, Hanover operates by assessing risk and utilizing comprehensive underwriting processes to ensure pricing is adequate, keeping its feet firmly grounded in risk management and actuarial science. The company distributes its array of products through a vast network of independent agents, allowing it to extend its reach across various regions, cultivating close connections with policyholders and maintaining a personalized approach. Underneath this operational framework, Hanover generates its revenue primarily through the collection of premiums from policyholders. The business model stands on two revenue legs: underwriting profit and investment income. Underwriting profit is achieved when the premiums received surpass the claims and expenses paid out, highlighting the importance of precise risk evaluation. Additionally, the company invests the premium funds until claims need to be settled. By strategically managing this pool of capital in investments, Hanover bolsters its financial strength and enhances profitability. This dual-income approach not only stabilizes the company during turbulent economic conditions but also positions it for sustainable growth in the competitive insurance landscape.

THG Intrinsic Value
205.298 USD
Undervaluation 24%
Intrinsic Value
Price

See Also

What is Hanover Insurance Group Inc's Other Liabilities?
Other Liabilities
939.4m USD

Based on the financial report for Sep 30, 2024, Hanover Insurance Group Inc's Other Liabilities amounts to 939.4m USD.

What is Hanover Insurance Group Inc's Other Liabilities growth rate?
Other Liabilities CAGR 10Y
23%

Over the last year, the Other Liabilities growth was 783%. The average annual Other Liabilities growth rates for Hanover Insurance Group Inc have been 97% over the past three years , 52% over the past five years , and 23% over the past ten years .

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