WORCESTER, Mass. (AP) _ The Hanover Insurance Group Inc. (THG) on Wednesday reported second-quarter earnings of $78.4 million.
The Worcester, Massachusetts-based company said it had profit of $1.83 per share. Earnings, adjusted for non-recurring gains, came to $1.69 per share.
The insurance company posted revenue of $1.27 billion in the period. Its adjusted revenue was $1.26 billion.
Hanover Insurance shares have risen 5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $95.78, a rise of 18 percent in the last 12 months.
Carman insurance case witnesses scared to testify
Advisor News
- Are families ready for the costs of aging at home?
- When a client moves, their insurance plan needs to move, too
- A rising retirement challenge: The license to spend
- Financial stress leaves less room for retirement saving
- Giving while you’re living: 3 frequently asked questions about gifting
More Advisor NewsAnnuity News
- MassMutual Enhances Permanent Life Insurance Portfolio With Launch of Whole Life Guard 10 Pay and Whole Life 95
- Global Atlantic names Dan Farrelly head of IMO and IBD channels
- A rising retirement challenge: The license to spend
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
More Annuity NewsHealth/Employee Benefits News
Life Insurance News