The Hanover Q1 Financial Results

The Hanover Q1 Financial Results

WORCESTER, Mass., May 2, 2018 - The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $67.7 million, or $1.57 per diluted share, in the first quarter of 2018, compared to $45.2 million, or $1.05 per diluted share, in the prior-year quarter. Operating income(1) was $84.0 million, or $1.95 per diluted share, for the first quarter of 2018, compared to operating income of $40.8 million, or $0.95 per diluted share, in the prior-year quarter. The difference between net and operating income in the first quarter of 2018 was primarily due to the decline in fair value of equity securities of $23.0 million, which is recognized in net income following a new accounting standard effective January 1, 2018.

Published: 03/05/2018
Chaucer voted best Global Political Risk Underwriter

Chaucer voted best Global Political Risk Underwriter

We are honoured to have been awarded the ‘Best Global Political Risk Insurance Underwriter’ at the 2018 Global Trade Review (GTR) Leaders in Trade Awards last night.

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Published: 27/04/2018
We're back at BIBA!

We're back at BIBA!

Chaucer will once again be exhibiting at BIBA from the 16th to the 17th May.

Our highly regarded and technically strong insurance team will be available to talk to you about the smart and responsive service we deliver to...

Published: 19/04/2018
Chaucer excels again in Gracechurch Underwriting Survey

Chaucer excels again in Gracechurch Underwriting Survey

Chaucer is honoured to have seven underwriters nominated in the Gracechurch London Leading Underwriter Report 2017. The Report recognises Nick Kilhams, James Mecham, Peter Wakefield, Harriet Sharp, Chris Baker, Mike Clifton, Nick...

Published: 29/03/2018
A message from John Fowle to our business partners

A message from John Fowle to our business partners

As you may be aware, our parent company, The Hanover Insurance Group, Inc.,  has recently issued a news release indicating that we have begun a formal process to consider strategic alternatives for Chaucer, including a possible...

Published: 28/03/2018

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