WORCESTER - The Hanover Insurance Group Inc. (THG) on Tuesday reported third-quarter earnings of $200,000.
On a per-share basis, the company said it had net income of 1 cent. Earnings, adjusted for investment costs and to account for discontinued operations, were 99 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 97 cents per share.
The insurance company posted revenue of $1.37 billion in the period. Its adjusted revenue was $1.41 billion.
Cover-crop-insurance discounts proposed
NFP Launches Partnership with Petline to Offer Petsecure, Canada's Pet Insurance
Advisor News
- Retirement control is top success measure for middle class, ACLI says
- Industry groups applaud House passage of Financial Exploitation Prevention Act
- Younger workers more likely to be eligible for a retirement plan after changing jobs
- Bank of America community event unpacks sales tax hike, small business struggles
- CONGRESSMAN VALADAO DEMANDS ANSWERS FROM CALIFORNIA OVER HEALTHCARE TAX HIKE
More Advisor NewsAnnuity News
- Jackson Named InvestmentNews 2026 Annuities Provider of the Year
- State Farm’s agency overhaul: What distribution can learn
- IRI, ACLI express support for CLEAR Forms Act
- A new era at the Federal Reserve
- Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
More Annuity NewsHealth/Employee Benefits News
- The US healthcare system is an embarrassment. Americans need a public option
- Judge reschedules Mangione's federal trial
- OTHER VIEWS: Health care cuts hit rural areas hard
- In Our Opinion: Health care cuts hit rural areas hard
- A single mom in Durham needed help. Now, she offers free childcare to families.
More Health/Employee Benefits NewsLife Insurance News
- Jackson Named InvestmentNews 2026 Annuities Provider of the Year
- Corebridge adds index strategies, growth potential to Max Accumulator+ III
- Estate planning 2.0: How ILITs can create liquidity
- AM Best Affirms Credit Ratings of Misr Insurance Company
- State Farm’s agency overhaul: What distribution can learn
More Life Insurance News