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Hanover Insurance Group, Inc. (THG) Tuesday reported second-quarter net income of $115.2 million or $3.01 per share, compared to net income of $74.0 million or $1.79 per share last year.


RTTNews | Jul 28, 2020 05:36PM EDT

17:36 Tuesday, July 28, 2020 (RTTNews.com) - Hanover Insurance Group, Inc. (THG) Tuesday reported second-quarter net income of $115.2 million or $3.01 per share, compared to net income of $74.0 million or $1.79 per share last year.

Operating income for the quarter was $62.7 million or $1.63 per share, compared to $77.7 million or $1.88 per share a year ago.

Total revenues for the quarter were $1.224 billion, up from $1.198 billion last year. Net premiums written dropped to $1.081 billion from $1.137 billion last year.

Analysts polled by Thomson Reuters estimated earnings of $1.12 per share on revenues of $1.13 billion for the quarter.

Read the original article on RTTNews ( https://www.rttnews.com/3115210/hanover-insurance-q2-profit-rises.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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