The Hanover Insurance Group's second-quarter earnings call reflects strong performance with record operating ROE, significant earnings growth, and improved combined ratios. The Personal Lines and Specialty segments performed exceptionally well, contributing to positive financial results. However, challenges include increased reserving in commercial auto and potential tariff impacts. Despite these lowlights, the highlights significantly outweigh them, indicating a robust performance and positive outlook.

Company Guidance -

Q3 2025

During The Hanover Insurance Group's second-quarter earnings call for Fiscal Year 2025, the company reported notable financial metrics and provided forward-looking guidance. Operating Return on Equity (ROE) reached a record 18.7% for the quarter, with operating earnings of $4.35 per diluted share, reflecting an approximate 25% earnings growth on an ex-catastrophe basis. The overall combined ratio improved by about 7 points, and the ex-catastrophe combined ratio by 3 points, compared to the previous year. The net written premium growth was driven by an 8% increase in targeted diversification states, indicating effective strategic focus. Personal Lines showed a strong performance with a current accident year ex-catastrophe combined ratio improving by 5.4 points, while Specialty lines achieved a mid-80s combined ratio with a net written premium growth of 4.6%. The company remains optimistic about future growth, anticipating net written premium growth between 6% and 7% in the second half of 2025, supported by strategic investments in technology and data analytics to enhance operational efficiency.

Record Operating ROE

The company achieved an operating return on equity (ROE) of 18.7%, a record for the second quarter.

Strong Operating Earnings Growth

Operating earnings reached $4.35 per diluted share, with earnings growth of approximately 25% on an ex-CAT basis.

Improved Combined Ratio

The overall combined ratio improved by approximately 7 points year-over-year, and the ex-CAT combined ratio improved by 3 points.

Personal Lines Growth and Profitability

The Personal Lines segment achieved balanced growth and strong profitability, with net written premium growth driven by renewal price increases and rising new business activity.

Specialty Segment Performance

The Specialty segment achieved a net written premium growth of 4.6% and an impressive mid-80s combined ratio.

Investment Income Increase

Net investment income increased by 16.7% to $105.5 million.

Share Repurchase Program

The company repurchased approximately 295,000 shares of common stock totaling $48.2 million.

Hanover Insurance (THG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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THG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	3.70 / -	3.05	―	―	―
Jul 30, 2025	2025 (Q2)	3.12 / 4.35	1.88	131.38% (+2.47)
Apr 30, 2025	2025 (Q1)	3.45 / 3.87	3.08	25.65% (+0.79)
Feb 04, 2025	2024 (Q4)	3.37 / 5.32	3.13	69.97% (+2.19)
Oct 30, 2024	2024 (Q3)	2.53 / 3.05	0.19	1505.26% (+2.86)
Jul 31, 2024	2024 (Q2)	1.88 / 1.88	-1.91	198.43% (+3.79)
May 01, 2024	2024 (Q1)	2.71 / 3.08	0.13	2269.23% (+2.95)
Jan 31, 2024	2023 (Q4)	2.73 / 3.13	-1.05	398.10% (+4.18)
Nov 01, 2023	2023 (Q3)	0.19 / 0.19	0.99	-80.81% (-0.80)
Aug 02, 2023	2023 (Q2)	-1.91 / -1.91	2.32	-182.33% (-4.23)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

THG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$165.24	$171.63	+3.87%
Apr 30, 2025	$165.23	$164.72	-0.31%
Feb 04, 2025	$151.32	$158.53	+4.76%
Oct 30, 2024	$148.95	$145.90	-2.05%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does The Hanover Insurance (THG) report earnings?

The Hanover Insurance (THG) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is The Hanover Insurance (THG) earnings time?

The Hanover Insurance (THG) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is THG EPS forecast?

THG EPS forecast for the fiscal quarter 2025 (Q3) is 3.7.

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