The Hanover posts record net income of $192m as CEO confirms retirement

The Hanover posts record net income of $192m as CEO confirms retirement

The Hanover Insurance Group, the US-based property and casualty insurer headquartered in Worcester, Massachusetts, reported net income of $191.6 million in the second quarter of 2026, up from $157 million a year earlier, as the combined ratio improved to 91.2% from 92.5% in the same period of 2025. Operating income rose to $189.2 million from $158.7 million, translating to $5.38 and $5.31 per diluted share for net income and operating income res…