Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $81.03 USD
Change Today -0.30 / -0.37%
Volume 205.8K
THG On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 2:00 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

440 Lincoln Street

Worcester, MA 01653

United States

Phone: 508-855-1000

Fax: 508-855-8078

The Hanover Insurance Group, Inc., through its subsidiaries, provides property and casualty insurance products and services. The company markets its domestic products and services through independent agents and brokers in the United States (U.S.) and conducts business internationally through a wholly-owned subsidiary, Chaucer Holdings Limited (Chaucer), which operates through the Society and Corporation of Lloyd’s (Lloyd’s) and is domiciled in the United Kingdom (U.K.). The company underwrites commercial and personal property and casualty insurance through Hanover Insurance, Citizens, and other THG subsidiaries, through an independent agent and broker network concentrated in the Northeast, Midwest, and Southeast U.S. Segments The company conducts its business operations through four segments: Commercial Lines, Personal Lines, Chaucer, and Other. Commercial Lines This segment provides agents and customers with products designed for small, middle and specialized markets. This segment’s coverages comprise: Commercial multiple peril coverage insures businesses against third party general liability from accidents occurring on their premises or arising out of their operations, such as injuries sustained from products sold. It also insures business property for damage, such as that caused by fire, wind, hail, water damage (which might exclude flood), theft, and vandalism. Commercial automobile coverage insures businesses against losses incurred from personal bodily injury, bodily injury to third parties, property damage to an insured’s vehicle and property damage to other vehicles and property. Workers’ compensation coverage insures employers against employee medical and indemnity claims resulting from injuries related to work. Workers’ compensation policies are written in conjunction with other commercial policies. Other commercial lines comprise AIX Holdings, Inc. program business provides coverage to under-served markets where there are specialty coverage or risk management needs, including commercial multiple peril, workers’ compensation, commercial automobile, general liability and other commercial coverages; inland marine coverage insures businesses against physical losses to property, such as contractor’s equipment, builders’ risk and goods in transit, and also covers jewelers block, fine art and other valuables; management and professional liability coverage provides protection for directors and officers of companies that might be sued in connection with their performance, errors and omissions protection to companies and individuals against negligence or bad faith, as well as protection for employment practices liability and fidelity and crime; surety provides businesses with contract surety coverage in the event of performance or non-payment claims, and commercial surety coverage related to fiduciary or regulatory obligations; and other commercial lines coverages include umbrella, monoline general liability, specialty property and miscellaneous commercial property. The company’s specialty lines of business generally include program business, inland marine, management and professional liability, surety and specialty property. In its small commercial and middle market businesses, the company has developed various niche insurance programs, including for schools, human services organizations, such as non-profit youth and community service organizations, and religious institutions. The company has added additional segmentation to its core middle market commercial products, including real estate, hospitality and wholesale distributors and introduced products focused on management liability, primarily non-profit and private company directors and officers liability and employment practices liability. Strategy: This segment’s strategy focuses on building deep relationships with partner agents through differentiated product offerings, industry segmentation, and franchise value through limited distribution. Part of the company’s strategy is to expand its specialty lines offerings to provide its agents and policyholders with a product portfolio and to increase its market penetration. As part of t

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
THG:US $81.03 USD -0.30

THG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Allied World Assurance Co Holdings AG $42.34 USD -0.125
Erie Indemnity Co $85.61 USD +4.08
First American Financial Corp $40.77 USD 0.00
Mercury General Corp $56.70 USD +0.30
Old Republic International Corp $16.80 USD +0.055
View Industry Companies
 

Industry Analysis

THG

Industry Average

Valuation THG Industry Range
Price/Earnings 10.9x
Price/Sales 0.7x
Price/Book 1.2x
Price/Cash Flow 10.9x
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HANOVER INSURANCE GROUP INC/, please visit www.hanover.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.