The Hanover Insurance Group

The Hanover is a leading provider of property and casualty insurance in the U.S., and through its member companies, underwrites business at Lloyd’s of London. An “A” rated international company, The Hanover has a reputation for sound capital management, strong underwriting results and superior service. The Hanover has 5,000+ employees, covering more than two million individual and business policyholders. As an employer of choice, The Hanover provides a unique combination of being part of an organization with a long, proud history of delivering of its promises, and the drive and innovative spirit of a start-up. At The Hanover, you will gain the new experiences, expanded skill set, and career potential that comes with working for an industry leader and one of the fastest growing companies in the insurance industry. Our compensation and benefits programs are based on the strong belief that our people are our company's most valuable asset. We offer comprehensive benefits to help you stay healthy, build financial security, balance work and personal responsibilities, and achieve your professional goals. When you join The Hanover, you will become part of a company that believes in making a difference. The Hanover encourages employees to participate in corporate-sponsored and personal events, programs and volunteer opportunities that benefit the community.

Type
Public
HQ
Worcester, US
Founded
1852
Size (employees)
4,900 (est)+3%
The Hanover Insurance Group was founded in 1852 and is headquartered in Worcester, US

The Hanover Insurance Group Office Locations

The Hanover Insurance Group has offices in Worcester, Richmond, Santa Ana, Bloomington and in 29 other locations
Worcester, US (HQ)
440 Lincoln St
Show all (33)

The Hanover Insurance Group Data and Metrics

The Hanover Insurance Group Financial Metrics

The Hanover Insurance Group's revenue was reported to be $1.3 b in Q1, 2017
USD

Revenue (Q1, 2017)

1.3 b

Net income (Q1, 2017)

45.2 m

Market capitalization (25-Jul-2017)

4.1 b

Cash (31-Mar-2017)

257 m
The Hanover Insurance Group's current market capitalization is $4.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.8 b5.1 b5 b4.9 b

Revenue growth, %

6%(1%)(2%)

Pre tax profit

439.4 m192.3 m

Net Income

251 m282 m331.5 m155.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

1.3 b1.2 b1.2 b1.2 b1.2 b1.3 b

Pre tax profit

152.6 m110.4 m108.1 m(7.1 m)124.1 m59 m

Net Income

137.2 m192.1 m54.9 m175.6 m253.9 m78.2 m80.2 m168.6 m45.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

486.2 m373.3 m338.8 m282.6 m

Inventories

8.4 b

Goodwill

184.9 m184.6 m186 m184.8 m

Total Assets

13.4 b13.8 b13.8 b14.2 b

Total Liabilities

11.4 b

Additional Paid-in Capital

1.8 b1.8 b1.8 b1.8 b

Retained Earnings

1.3 b1.6 b1.8 b1.9 b

Total Equity

2.6 b2.8 b2.8 b2.9 b

Financial Leverage

5.2 x4.8 x4.8 x5 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

606.2 m509.6 m403.9 m583.7 m385.1 m406.7 m361.6 m315.9 m257 m

Inventories

7.8 b8 b8.2 b7.7 b8 b8 b8.2 b8.5 b8.5 b

Goodwill

185.2 m184.8 m184.3 m184.2 m184 m185.7 m185.2 m185.1 m184.9 m

Total Assets

14 b14 b13.9 b14.1 b14 b14 b14.2 b14.4 b14.5 b

Additional Paid-in Capital

1.8 b1.8 b1.8 b1.8 b1.8 b1.8 b1.8 b1.8 b1.8 b

Retained Earnings

1.5 b1.5 b1.6 b1.7 b1.7 b1.9 b1.8 b1.9 b1.9 b

Total Equity

2.8 b2.8 b2.9 b2.9 b2.9 b3 b3 b3 b2.9 b

Financial Leverage

5 x5 x4.8 x4.9 x4.9 x4.7 x4.7 x4.7 x5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

251 m282 m331.5 m155.1 m

Cash From Operating Activities

383.9 m564.7 m438.4 m737.6 m

Capital Expenditures

(22.9 m)(11.2 m)(19.5 m)(15.7 m)

Cash From Investing Activities

(358.7 m)(600.7 m)(171.5 m)(495.4 m)

Long-term Borrowings

(114.3 m)(475.4 m)

Dividends Paid

(60 m)(67 m)(74.2 m)(80.4 m)

Cash From Financing Activities

(105.5 m)(71.7 m)(294.7 m)(295 m)

Free Cash Flow

406.8 m575.9 m457.9 m721.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

137.2 m192.1 m54.9 m175.6 m253.9 m78.2 m80.2 m168.6 m45.2 m

Cash From Operating Activities

167.4 m408.1 m84.2 m102.7 m354.4 m77 m231.6 m558.1 m54.2 m

Capital Expenditures

(7.4 m)(8.5 m)(3.8 m)(8.1 m)(14.5 m)(6.4 m)(8.5 m)(12.2 m)(4.3 m)

Cash From Investing Activities

(22.9 m)(347.2 m)36.2 m243.1 m(111.8 m)61 m9 m(319 m)(47.8 m)

Long-term Borrowings

(461.3 m)(461.3 m)

Dividends Paid

(32.6 m)(48.9 m)(18.2 m)(36.3 m)(54.3 m)(19.8 m)(39.6 m)(59.2 m)(21.4 m)

Cash From Financing Activities

(33 m)(35.9 m)(89.5 m)(137.2 m)(229.2 m)(70 m)(217.7 m)(259.8 m)(32.1 m)

Free Cash Flow

160 m399.6 m80.4 m94.6 m339.9 m70.6 m223.1 m545.9 m49.9 m
USDY, 2017

Revenue/Employee

257.3 k

Financial Leverage

5 x

The Hanover Insurance Group Market Value History

The Hanover Insurance Group Online and Social Media Presence

The Hanover Insurance Group Company Life and Culture

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