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
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Annual
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Hanover Insurance Group Inc
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
Hanover Insurance Group Inc
NYSE:THG
Pre-Tax Income
$476.5m
CAGR 3-Years
-3%
CAGR 5-Years
4%
CAGR 10-Years
3%
Travelers Companies Inc
NYSE:TRV
Pre-Tax Income
$5.6B
CAGR 3-Years
8%
CAGR 5-Years
15%
CAGR 10-Years
1%
Allstate Corp
NYSE:ALL
Pre-Tax Income
$5.1B
CAGR 3-Years
-13%
CAGR 5-Years
10%
CAGR 10-Years
2%
Progressive Corp
NYSE:PGR
Pre-Tax Income
$10.2B
CAGR 3-Years
26%
CAGR 5-Years
20%
CAGR 10-Years
19%
Markel Corp
NYSE:MKL
Pre-Tax Income
$3.9B
CAGR 3-Years
9%
CAGR 5-Years
41%
CAGR 10-Years
26%
Cincinnati Financial Corp
NASDAQ:CINF
Pre-Tax Income
$3.9B
CAGR 3-Years
7%
CAGR 5-Years
28%
CAGR 10-Years
19%
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 Pre-Tax Income?
Pre-Tax Income
476.5m USD

Based on the financial report for Sep 30, 2024, Hanover Insurance Group Inc's Pre-Tax Income amounts to 476.5m USD.

What is Hanover Insurance Group Inc's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
3%

The average annual Pre-Tax Income growth rates for Hanover Insurance Group Inc have been -3% over the past three years , 4% over the past five years , and 3% over the past ten years .

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