NYSE$THG
The Hanover Insurance Group Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported strong first quarter with increased net income and operating income.
The Hanover Insurance Group reported a strong first quarter with net income of $104.8 million, or $2.90 per diluted share, and operating income of $117.7 million, or $3.26 per diluted share. The company's operating return on equity was 15.7%, and net premiums written increased by 9.7% across all segments. The ex-CAT combined ratio was 89.8%, marking the eighth consecutive quarter below 90%.
- Operating income increased 91.6% from the prior-year quarter.
- Combined ratio of 93.4%; combined ratio, excluding catastrophes of 89.8%.
- Net premiums written increased by 9.7%, with strong growth from each segment.
- Renewal price change up 9.7% in Core Commercial, 12.6% in Specialty and 4.3% in Personal Lines.
Headline financials
Revenue & EPS history
Hanover · Revenue · Quarterly
$1.33B
Revenue by segment
Hanover · $786M total across 2 segments · Q1 2022
- Personal Lines$483M+10.1%61.5%
- Specialty$303M—38.5%
Forward guidance
The company remains on track with its long-term targets for underwriting returns and operating ROE, which will likely be augmented by stronger net investment income.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+0.9%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+3.0%
Avg return
30 days after
66%
45 / 68 earnings
Positive
+8.2%
Q4 2016
Best reaction
-4.6%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +5.6% | +4.0% | +4.9% | |
| Q4 2025 | +0.6% | -1.4% | +2.1% | |
| Q3 2025 | +1.2% | +4.0% | +10.2% | |
| Q1 2025 | -0.3% | +0.7% | +5.9% | |
| Q4 2024 | +4.8% | +5.9% | +8.8% | |
| Q3 2024 | -0.0% | -0.8% | +11.2% | |
| Q2 2024 | -2.8% | -3.8% | +5.9% | |
| Q1 2024 | +0.7% | +3.8% | +1.6% | |
| Q4 2023 | -1.1% | -1.9% | -3.0% | |
| Q3 2023 | -0.5% | -0.1% | +6.7% | |
| Q2 2023 | -1.9% | +0.1% | -4.5% | |
| Q1 2023 | +1.3% | -0.4% | -6.2% | |
| Q4 2022 | +2.3% | +0.3% | +8.9% | |
| Q3 2022 | -3.4% | -1.5% | -0.7% | |
| Q2 2022 | -4.6% | -5.5% | -3.5% | |
| Q1 2022 | +3.7% | +2.2% | +0.4% | |
| Q4 2021 | +3.5% | +4.0% | +5.1% | |
| Q3 2021 | -3.5% | -3.4% | -4.5% | |
| Q2 2021 | +0.4% | +2.8% | +5.3% | |
| Q1 2021 | +2.8% | +4.4% | +3.7% | |
| Q4 2020 | +0.7% | -0.4% | +7.6% | |
| Q3 2020 | -4.4% | -3.8% | +17.9% | |
| Q2 2020 | +2.7% | +3.6% | +5.9% | |
| Q1 2020 | +5.3% | -3.7% | +3.8% | |
| Q4 2019 | +0.2% | -0.5% | -14.6% | |
| Q3 2019 | +3.0% | +2.0% | +6.3% | |
| Q2 2019 | +0.0% | -1.2% | +2.5% | |
| Q1 2019 | +0.5% | +1.3% | +1.3% | |
| Q4 2018 | +2.8% | +3.3% | +8.4% | |
| Q3 2018 | -3.3% | -2.3% | +1.5% | |
| Q2 2018 | -0.9% | +0.3% | -2.3% | |
| Q1 2018 | -0.7% | +1.2% | +3.7% | |
| Q4 2017 | +0.3% | -2.4% | -5.9% | |
| Q3 2017 | +3.7% | +7.1% | +8.8% | |
| Q2 2017 | +2.1% | +2.2% | +2.7% | |
| Q1 2017 | -1.6% | -4.0% | -5.8% | |
| Q4 2016 | +8.2% | +4.5% | +8.7% | |
| Q3 2016 | +5.7% | +4.2% | +16.0% | |
| Q2 2016 | -1.0% | -2.4% | -7.0% | |
| Q1 2016 | -1.2% | — | — | |
| Q4 2015 | -0.6% | — | — | |
| Q3 2015 | +5.1% | — | — | |
| Q2 2015 | +4.2% | — | — | |
| Q1 2015 | +4.0% | — | — | |
| Q4 2014 | +2.4% | — | — | |
| Q3 2014 | +0.3% | — | — | |
| Q2 2014 | +1.5% | — | — | |
| Q1 2014 | +0.4% | — | — | |
| Q4 2013 | +2.7% | — | — | |
| Q3 2013 | -1.6% | — | — | |
| Q2 2013 | +3.8% | — | — | |
| Q1 2013 | +2.5% | — | — | |
| Q4 2012 | +1.7% | — | — | |
| Q3 2012 | -4.0% | — | — | |
| Q2 2012 | -3.1% | — | — | |
| Q1 2012 | -0.3% | — | — | |
| Q4 2011 | +0.6% | — | — | |
| Q3 2011 | -2.4% | — | — | |
| Q2 2011 | +0.0% | — | — | |
| Q1 2010 | +0.5% | — | — | |
| Q1 2011 | -0.1% | — | — | |
| Q4 2008 | +0.9% | — | — | |
| Q4 2010 | +0.9% | — | — | |
| Q3 2009 | +4.0% | — | — | |
| Q3 2010 | +4.0% | — | — | |
| Q2 2010 | +1.5% | — | — | |
| Q2 2009 | +1.5% | — | — | |
| Q4 2009 | +1.5% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro