The Hanover Insurance Group Q2 2025 Financial Results

SEC Filing 8-K (0000950170-25-100428)

The Hanover Insurance Group, Inc. reported strong financial results for the second quarter of 2025. The company achieved net income of $157.1 million, or $4.30 per diluted share, compared to $40.5 million, or $1.12 per diluted share, in the prior-year quarter. Operating income was $158.7 million, or $4.35 per diluted share, up from $68.1 million, or $1.88 per diluted share, in the same period last year. The combined ratio improved to 92.5%, with a combined ratio excluding catastrophes of 85.5%. Catastrophe losses for the quarter were $107.5 million, or 7.0 points of the combined ratio. Net premiums written increased by 4.1%, driven by strong performance across all business segments. The company also reported a net and operating return on equity of 20.1% and 18.7%, respectively. The results reflect disciplined underwriting, strong execution, and positive momentum heading into the second half of 2025.