Oct 28, 5:17 PM ET
The Hanover Insurance Group reported third-quarter 2026 results, with net income of $172.6 million, or $4.86 per diluted share, down from $178.7 million, or $4.90, a year earlier. Operating income fell to $183.1 million from $185.6 million, but operating EPS rose to $5.15 from $5.09 because the share count declined, and the combined ratio worsened to 92.3% from 91.1% on higher catastrophe losses.
- Net income of $172.6 million, or $4.86 per diluted share, versus $178.7 million, or $4.90, in the prior-year quarter
- Operating income of $183.1 million, or $5.15 per diluted share, versus $185.6 million, or $5.09
- Combined ratio of 92.3% versus 91.1%, with catastrophe losses of $109.7 million, or 6.8 points
- Repurchased approximately $86 million of stock in the quarter, totaling $263 million year-to-date through October 26, 2026
Read the filing on SEC.gov ↗
Jul 28, 4:52 PM ET
The Hanover Insurance Group reported second-quarter 2026 net income of $191.6 million, or $5.38 per diluted share, up from $157.1 million, or $4.30, a year earlier. Operating income rose to $189.2 million, or $5.31 per share, from $158.7 million, or $4.35, and the combined ratio improved to 91.2% from 92.5%. CEO John C. Roche said he plans to retire at the end of 2026, a leadership change shareholders will track.
- Net income $191.6 million ($5.38 per diluted share) vs. $157.1 million ($4.30) in Q2 2025
- Operating income $189.2 million ($5.31 per diluted share) vs. $158.7 million ($4.35); combined ratio 91.2% vs. 92.5%
- Roche plans to retire at the end of 2026; Dick Lavey named as a key figure in the transition
- Company repurchased about $55 million of stock in Q2; about $660 million remains under a $700 million authorization
Read the filing on SEC.gov ↗
Jul 15, 5:13 PM ET
The Hanover Insurance Group said CEO John C. Roche will retire as president, CEO and board member effective December 31, 2026. Chief Operating Officer Richard W. Lavey has been named CEO-elect and is expected to succeed Roche as CEO at that time, with a board seat from January 1, 2027. The filing reports no financial results, but it changes the company's top executive role.
- John C. Roche, 62, retires as president, CEO and board member effective December 31, 2026, and stays as an advisor through January 8, 2027.
- Richard W. Lavey, 59, has been Executive Vice President and Chief Operating Officer since March 2025 and is named CEO-elect.
- The Board intends to elect Lavey to the Board effective January 1, 2027.
- The company's earnings call is scheduled for July 29, 2026, and its investor day for September 17, 2026.
Read the filing on SEC.gov ↗
May 13, 4:12 PM ET
The Hanover Insurance Group's board terminated its prior share repurchase program, which had about $63 million remaining, and approved a new authorization of up to $700 million in buybacks with no time limit. The company also named Patricia A. Norton-Gatto as principal accounting officer, replacing CFO Jeffrey M. Farber in that role, and shareholders re-elected eight directors at the May 12, 2026 annual meeting.
- New share repurchase authorization of up to $700 million, with no time limit and no obligation to repurchase shares
- Prior program, initially approved in December 2018, had about $63 million remaining and was terminated on May 13, 2026
- Patricia A. Norton-Gatto, Senior Vice President and Corporate Controller, became principal accounting officer effective May 13, 2026
- At the May 12, 2026 annual meeting, all eight directors were elected; Joseph R. Ramrath received 933,965 votes against
Read the filing on SEC.gov ↗
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