Hanover Insurance
THGMarket price data through August 3, 2026.
Performance
Aug 2021 – Aug 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- +25%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$186
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- May 2026
- The month this stock first became a Benson pick.
- Tracking duration
- 2 months
- How long Benson has been tracking this pick.
About Hanover Insurance
Hanover Insurance is a 173 year old property and casualty insurer that sells auto, home, and business insurance through a nationwide network of independent agents. They cover small businesses, families, and specialty niches like marine and professional liability across the United States.
The case for and against
Both sides of the story, in plain English.
- Record Quarter
Hanover just posted its best ever first quarter, with operating earnings of 5.25 dollars per share and a return on equity above 20 percent. Their combined ratio dropped to 91.7 percent, meaning they kept about 8 cents of every premium dollar as underwriting profit before investment income.
- Pricing Power
The company pushed through renewal price increases of 8.6 percent on commercial policies and 8.4 percent on personal lines. That kind of pricing power, paired with a 19.6 percent jump in investment income to 126.9 million dollars, is fueling double digit earnings growth.
- Catastrophe Risk
Property and casualty insurers can lose entire quarters to hurricanes, wildfires, or severe winter storms. Last quarter alone, catastrophe losses ate 6.3 percentage points off the combined ratio. One bad storm season could erase a year of profit growth.
- Premium Hikes Cooling
Recent earnings growth has been powered by aggressive premium increases that customers may not tolerate forever. As those price hikes get harder to push through and the auto and home insurance markets get more competitive, the next few years of growth could come in flat or even decline.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-08-03. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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