THG

Based on The Hanover Insurance Group, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

What does The Hanover Insurance Group do?

The Hanover Insurance Group underwrites property and casualty insurance for both businesses and individuals across the United States. Its Commercial Lines segment covers employers and businesses, while Personal Lines protects individual policyholders. Products are distributed exclusively through independent agents and brokers rather than direct-to-consumer channels.

Does THG pay dividends?

Yes, THG pays a regular dividend. The company's established underwriting cash flows support consistent distributions, which is typical for mature property and casualty insurers. Investors should verify the current dividend rate and payment schedule on The Hanover's investor relations page, as amounts can change.

When does THG report earnings?

The Hanover Insurance Group reports on a quarterly cadence, as is standard for US-listed companies. Specific dates are announced in advance on the company's investor relations page. Property and casualty results can vary quarter to quarter depending on catastrophe activity and investment income.

Is THG a good stock to buy?

UQS Score rates THG as Good overall. The Quality and Risk pillars are both Good, and Valuation is Attractive — suggesting the stock is not overpriced relative to its fundamentals. However, Weak Moat and Growth ratings indicate limited competitive differentiation and modest expansion prospects. The full pillar breakdown is available to Pro members.

Is THG overvalued?

The UQS Valuation pillar for THG is rated Attractive, meaning the stock appears reasonably priced or modestly undervalued relative to its fundamental quality profile. This does not guarantee price appreciation, but it suggests investors are not paying a significant premium for the business at current levels.

How does THG compare to its competitors?

THG sits between tech-driven disruptors like Lemonade and specialty-focused peers like RLI Corp. Its independent agent model gives it broad distribution but less differentiation than niche specialists. White Mountains operates with a more complex holding-company structure. The UQS platform provides side-by-side quality scores for direct comparison.

What is THG's market cap bracket?

THG is classified as a mid-cap company. This places it in a tier with meaningful institutional coverage but without the scale advantages of mega-cap national insurers. Mid-cap insurers like THG can offer a balance of stability and valuation opportunity for investors focused on the property and casualty sector.

Who founded The Hanover Insurance Group?

The Hanover Insurance Group traces its origins to 1852, making it one of the older insurance organizations in the United States. The company operated for many years under the Allmerica Financial Corp. name before rebranding as The Hanover Insurance Group in December 2005. Detailed founding history is publicly available through the company's corporate profile.

Is THG a long-term quality investment?

As a long-term quality indicator, THG's Good overall UQS Score reflects a business with reasonable underwriting discipline and risk management. The Weak Moat and Growth ratings are worth monitoring over time, as they suggest the company may struggle to widen its competitive advantage or accelerate earnings at a pace that outpaces the broader sector.

What is the main competitive advantage of The Hanover Insurance Group?

THG's primary competitive strength lies in its long-standing relationships with independent agents and brokers, which provide broad geographic distribution without the cost of a direct sales force. However, the UQS Moat pillar is rated Weak, indicating this advantage may not be sufficiently durable or differentiated relative to larger national carriers.

What sector does THG belong to?

THG operates in the Financial Services sector, specifically within property and casualty insurance. This sector is sensitive to interest rate movements, catastrophe loss cycles, and underwriting competition. Investors can explore other [Financial Services stocks rated by UQS](/sector/financial-services) for broader sector context.

The Hanover Insurance Group, Inc. shows solid profitability with healthy returns on capital and reasonable margins.

The Hanover Insurance Group, Inc. faces growth headwinds with declining or stagnant revenue trends.

The Hanover Insurance Group, Inc. carries minimal financial risk with conservative leverage and strong solvency.

The Hanover Insurance Group, Inc. appears attractively valued relative to its earnings, cash flows, and sector peers.

The Hanover Insurance Group, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for THG.

The UQS (Unified Quality Score) for The Hanover Insurance Group, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses The Hanover Insurance Group, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether The Hanover Insurance Group, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.