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The Hanover Estimates Second Quarter Catastrophe Losses and Preliminary Results

PR Newswire - Thu Jul 20, 2023

WORCESTER, Mass., July 20, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced a preliminary estimate for second quarter catastrophe losses of approximately $262 million, before taxes, or 18.5 points of net earned premium. Second quarter catastrophe losses stemmed from 19 convective storms across multiple states, with hail damage representing the majority of reported losses and primarily impacting the company's Personal Lines business.

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