Hanover Insurance Group posts Q3 2026 net income of $172.6 million and operating EPS of $5.15
The Hanover Insurance Group reported third‑quarter 2026 results on Oct. 28. Net income fell to $172.6 million, or $4.86 per diluted share, while operating income was $183.1 million, or $5.15 per diluted share, a record operating EPS. The combined ratio was 92.3% and catastrophe losses totaled $109.7 million. Net premiums written rose 3.1% to $1.79 billion and net investment income increased 12.7% to $131.9 million. Management highlighted improved loss ratios, strong capital position and a $86 million share repurchase during the quarter.
Why it matters
The operating EPS of $5.15 beat analysts’ consensus of $4.59, indicating stronger profitability than expected. The $86 million share repurchase reflects excess capital and may support the stock price.
Key facts
- 1Net income was $172.6 million, or $4.86 per diluted share, compared with $178.7 million, or $4.90 per diluted share, a year earlier. prnewswire.com
- 2Operating income was $183.1 million, or $5.15 per diluted share, versus $185.6 million, or $5.09 per diluted share, a year earlier. prnewswire.com
- 3Combined ratio was 92.3% for the quarter. prnewswire.com
- 4Catastrophe losses were $109.7 million, representing 6.8 percentage points of the combined ratio. prnewswire.com
- 5Net premiums written increased 3.1% to $1,792.5 million. sec.gov
- 6Net investment income rose $131.9 million, up 12.7% from the prior‑year quarter. sec.gov
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.