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Hanover Insurance posts $6.3B premiums for 2025 with improving underwriting profits and strong specialty lines.

Market News
25 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Hanover Insurance wrote $6.3 billion in premiums for 2025 across personal, commercial, and specialty insurance lines, each impacting the group's underwriting results differently. The company has been technically profitable in four of the last five years, maintaining a five-year combined ratio of 97.3%, indicating solid underwriting discipline. Recent performance shows improvement, with the combined ratio dropping to 91.7% in Q1 2026 from 94.1% in Q1 2025. Specialty lines remain a key strength, posting an average combined ratio of just 89.2% since 2020, highlighting their profitability and importance to Hanover's overall success.

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