The Hanover Insurance Group, Inc. (THG)

THG Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	8,808	8,542	7,985	7,482	7,724	7,454
Investments in Equity & Preferred Securities	161	157.7	130.9	241.9	661.3	598.5
Other Investments	426.1	405	425.5	397.5	333.4	325.6
Total Investments	9,690	9,410	8,913	8,510	9,153	8,846
Cash & Equivalents	315.1	435.5	316.1	305	230.9	120.6
Reinsurance Recoverable	2,034	1,995	2,056	1,965	1,907	1,874
Other Receivables	1,875	1,871	1,764	1,656	1,519	1,391
Deferred Policy Acquisition Cost	656.9	662.8	620.8	604.8	552	477.5
Goodwill	178.8	178.8	178.8	178.8	178.8	178.8
Other Current Assets	85.7	85.7	86.6	84.1	107.1	110.2
Long-Term Deferred Tax Assets	141.9	174.2	173.3	199.2	-	-
Other Long-Term Assets	493.2	462.6	504	493	606.3	445.7
Total Assets	15,470	15,275	14,613	13,995	14,254	13,444
Accrued Expenses	618.6	757.8	775.9	731.7	907.7	687.5
Unpaid Claims	7,609	7,461	7,308	7,013	6,448	6,024
Unearned Premiums	3,259	3,283	3,103	2,954	2,735	2,483
Reinsurance Payable	45.8	37.7	64.3	70.3	55.1	48.4
Current Portion of Long-Term Debt	-	61.8	-	-	-	-
Long-Term Debt	722.5	722.3	783.2	782.4	781.6	780.8
Long-Term Deferred Tax Liabilities	-	-	-	-	60.8	97.3
Other Current Liabilities	109	108.6	113	110.2	121.7	120.8
Total Liabilities	12,426	12,433	12,147	11,661	11,109	10,242
Common Stock	0.6	0.6	0.6	0.6	0.6	0.6
Additional Paid-In Capital	1,978	1,974	1,939	1,913	1,887	1,857
Retained Earnings	3,307	3,210	2,909	2,993	2,983	2,668
Treasury Stock	-1,897	-1,886	-1,866	-1,871	-1,848	-1,696
Comprehensive Income & Other	-344.7	-456.3	-517.2	-701.5	122.2	372.5
Shareholders' Equity	3,044	2,842	2,466	2,334	3,145	3,202
Total Liabilities & Equity	15,470	15,275	14,613	13,995	14,254	13,444
Filing Date Shares Outstanding	35.92	35.93	35.82	35.6	35.48	36.39
Total Common Shares Outstanding	36	35.9	35.8	35.6	35.5	36.4
Total Debt	784.3	784.1	783.2	782.4	781.6	780.8
Net Cash (Debt)	-469.2	-348.6	-467.1	-477.4	-550.7	-660.2
Net Cash Per Share	-12.86	-9.58	-12.94	-13.22	-15.13	-17.33
Book Value Per Share	84.57	79.16	68.87	65.55	88.59	87.97
Tangible Book Value	2,866	2,663	2,287	2,155	2,966	3,023
Tangible Book Value Per Share	79.60	74.18	63.88	60.53	83.55	83.06

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q