The Hanover Insurance Group, Inc. (THG)

THG Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt Securities	9,537	8,542	7,985	7,482	7,724
Equity and Preferred Securities	184.8	157.7	130.9	241.9	661.3
Other Investments	661.4	709.9	796.9	786.1	767.4
Total Investments	10,383	9,410	8,913	8,510	9,153
Cash & Equivalents	1,123	435.5	316.1	305	230.9
Reinsurance Contract Assets	2,011	1,995	2,056	1,965	1,907
Deferred Acquisition Costs	703	662.8	620.8	604.8	552
Other Receivables	1,941	1,871	1,764	1,656	1,519
Goodwill	178.8	178.8	178.8	178.8	178.8
Other Assets	606.2	722.5	763.9	776.3	713.4
Total Assets	16,946	15,275	14,613	13,995	14,254
Unearned Premiums	3,440	3,283	3,103	2,954	2,735
Claims Reserves	7,755	7,461	7,308	7,013	6,448
Reinsurance Contract Liabilities	45.2	37.7	64.3	70.3	55.1
Accrued Expenses	806.7	757.8	775.9	731.7	907.7
Total Debt	1,218	784.1	783.2	782.4	781.6
Other Liabilities	108.6	108.6	113	110.2	182.5
Total Liabilities	13,374	12,433	12,147	11,661	11,109
Common Stock	0.6	0.6	0.6	0.6	0.6
Treasury Stock	-2,013	-1,886	-1,866	-1,871	-1,848
Additional Paid-in Capital	2,014	1,974	1,939	1,913	1,887
Accumulated Other Comprehensive Income	-171.4	-456.3	-517.2	-701.5	122.2
Retained Earnings	3,742	3,210	2,909	2,993	2,983
Shareholders' Equity	3,572	2,842	2,466	2,334	3,145
Total Liabilities & Equity	16,946	15,275	14,613	13,995	14,254
Book Value	3,572	2,842	2,466	2,334	3,145
Book Value Per Share	97.85	78.07	68.30	64.65	86.40
Tangible Book Value	3,393	2,663	2,287	2,155	2,966
Tangible Book Value Per Share	92.95	73.16	63.35	59.69	81.49

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q