The Hanover Insurance Group Reports Strong Q3 2025 Financial Results

The Hanover Insurance Group, Inc. announced its financial results for the third quarter of 2025, reporting a significant increase in net income and operating income. The company achieved a net income of $178.7 million, or $4.90 per diluted share, compared to $102.1 million, or $2.80 per diluted share, in the prior-year quarter. Operating income rose to $185.6 million, or $5.09 per diluted share, up from $111.3 million, or $3.05 per diluted share, in the same period last year. The combined ratio improved to 91.1%, with a combined ratio excluding catastrophes of 88.1%. Net premiums written increased by 4.5%, driven by growth in Core Commercial, Specialty, and Personal Lines. The company also reported a net investment income of $117.0 million, up 27.5% from the prior-year quarter. The results reflect strong underwriting performance, disciplined pricing, and favorable reserve development across all segments.