The Hanover reports Q3 EPS $3.05, consensus $2.53

“We are pleased to report excellent results for the third quarter, marked by outstanding execution, including 14.4% operating return on equity in the quarter and 12.8% year-to-date,” said John Roche, president and chief executive officer at The Hanover (THG). “In addition to driving strong underlying results, we continue to prioritize reducing the impact from weather-related volatility, with approximately half of our Personal Lines portfolio now under new or enhanced deductible levels. We achieved Personal Lines topline growth of 6.8% driven by strong pricing, and we are on track to return to our target profitability on an earned basis next year.”