Hanover Insurance Group Inc
NYSE:THG

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Hanover Insurance Group Inc
NYSE:THG
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Price: 155.4 USD 1.01% Market Closed
Market Cap: 5.6B USD
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Hanover Insurance Group Inc
Policy Acquisition Expense

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
Policy Acquisition Expense Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Policy Acquisition Expense CAGR 3Y CAGR 5Y CAGR 10Y
Hanover Insurance Group Inc
NYSE:THG
Policy Acquisition Expense
-$1.2B
CAGR 3-Years
-8%
CAGR 5-Years
-6%
CAGR 10-Years
-2%
Travelers Companies Inc
NYSE:TRV
Policy Acquisition Expense
-$6.8B
CAGR 3-Years
-11%
CAGR 5-Years
-8%
CAGR 10-Years
-6%
Allstate Corp
NYSE:ALL
Policy Acquisition Expense
-$7.9B
CAGR 3-Years
-9%
CAGR 5-Years
-8%
CAGR 10-Years
-7%
Progressive Corp
NYSE:PGR
Policy Acquisition Expense
-$5.2B
CAGR 3-Years
-13%
CAGR 5-Years
-12%
CAGR 10-Years
-13%
Markel Corp
NYSE:MKL
Policy Acquisition Expense
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Cincinnati Financial Corp
NASDAQ:CINF
Policy Acquisition Expense
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
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
205.3 USD
Undervaluation 24%
Intrinsic Value
Price

See Also

What is Hanover Insurance Group Inc's Policy Acquisition Expense?
Policy Acquisition Expense
-1.2B USD

Based on the financial report for Sep 30, 2024, Hanover Insurance Group Inc's Policy Acquisition Expense amounts to -1.2B USD.

What is Hanover Insurance Group Inc's Policy Acquisition Expense growth rate?
Policy Acquisition Expense CAGR 10Y
-2%

Over the last year, the Policy Acquisition Expense growth was -4%. The average annual Policy Acquisition Expense growth rates for Hanover Insurance Group Inc have been -8% over the past three years , -6% over the past five years , and -2% over the past ten years .

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