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The Hanover Reports First Quarter Net Income and Operating Income of $2.51 and $1.66 per Diluted Share, Respectively; Combined Ratio of 98.8%; Combined Ratio, Excluding Catastrophes, of 87.3% - Vimarsana News

The Hanover Reports First Quarter Net Income and Operating Income of $2.51 and $1.66 per Diluted Share, Respectively; Combined Ratio of 98.8%; Combined Ratio, Excluding Catastrophes, of 87.3%

Share this article Share this article WORCESTER, Mass., April 29, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $92.7 million, or $2.51 per diluted share, in the first quarter of 2021, compared to a net loss of $40.0 million, or $1.04 per basic share*, in the prior-year quarter. Operating income (1) was $61.4 million, or $1.66 per diluted share, for the first quarter of 2021. This compared to operating income of $86.8 million, or $2.23 per diluted share, in the prior-year quarter. The difference between net and operating income in the first...

The Hanover Insurance Group, Inc. Appoints Willard T. Lee Chief Information Officer - Vimarsana News

The Hanover Insurance Group, Inc. Appoints Willard T. Lee Chief Information Officer

Share this article Share this article WORCESTER, Mass., April 26, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG), a leading property and casualty insurance company, today announced Willard T. Lee has been appointed executive vice president, chief information and innovation officer, effective immediately. In this role, Lee is responsible for advancing the company's information technology roadmap and delivering technology solutions that support the company's business operations, its agent partners and its customers. Willard T. Lee Lee joined The Hanover in 2003, supporting ...

The Hanover Contributes $1.5 Million in Support of United Way, Other Nonprofits - Vimarsana News

The Hanover Contributes $1.5 Million in Support of United Way, Other Nonprofits

Share this article Share this article WORCESTER, Mass., March 2, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the results of its annual employee giving campaign, raising $1.5 million for United Way and hundreds of other nonprofit organizations across the country. The contribution represents the largest donation the company's charitable foundation and its employees have ever made through the annual giving program.    More than 83% of employees nationwide contributed to the company's "More United Than Ever" virtual campaign in recognition of the COVID-1...

The Hanover Insurance Group, Inc. Elects J. Paul Condrin III to Board of Directors - Vimarsana News

The Hanover Insurance Group, Inc. Elects J. Paul Condrin III to Board of Directors

Share this article Share this article WORCESTER, Mass., March 1, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced J. Paul Condrin III has been elected to the company's board of directors, effective Friday, Feb. 26. (PRNewsfoto/The Hanover Insurance Group, Inc.) Condrin is a seasoned executive with expansive knowledge of the property and casualty insurance industry, having served in various executive leadership roles at Liberty Mutual for nearly 30 years. Most recently, he served as executive vice president and president of commercial insurance, from 2012 un...

Hanover Insurance raises $1.5M for United Way, nonprofits - Vimarsana News

Hanover Insurance raises $1.5M for United Way, nonprofits

Hanover Insurance raises $1.5M for United Way, nonprofits WORCESTER —The Hanover Insurance Group Inc., announced Thursday that it had raised $1.5 million for the United Way and hundreds of other nonprofits countrywide, the largest donation the company’s charitable foundation and its employees have ever made through the annual giving program. “This was certainly a challenging year, and I am proud of all our employees who rose to the occasion to support the efforts of nonprofit agencies throughout the country,” John C. Roche, president and chief executive officer at The Hanover, said in...