Hanover insurance group, inc. (THG)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues
Premiums

4,474

4,254

3,980

3,789

4,704

4,710

4,450

4,239

3,598

2,841

2,546

2,484

Net investment income

281

267

243

231

279

270

269

276

258

247

252

258

Net realized and unrealized investment gains (losses):
Net realized gains (losses) from sales and other

4

-2

26

37

46

55

39

31

35

43

34

15

Net change in fair value of equity securities

106

-43

-

-

-

-

-

-

-

-

-

-

Net other–than–temporary impairment losses on investments recognized in earnings

2

4

5

27

26

5

6

7

6

13

32

113

Total net realized and unrealized investment gains (losses)

109

-50

21

10

38

-

-

-

-

-

-

-

Fees and other income

25

23

22

22

30

36

40

51

46

34

34

34

Total other-than-temporary impairment losses on investments

-

-

-

-

-

-

-

-

-

-

-

113

Total net realized and unrealized investment (losses) gains

-

-

-

-

19

50

33

23

28

29

1

-97

Total revenues

4,890

4,494

4,267

4,053

5,034

5,067

4,793

4,590

3,931

3,152

2,834

2,680

Losses and expenses
Losses and loss adjustment expenses

2,865

2,724

2,579

2,546

2,884

2,927

2,761

2,974

2,550

1,856

1,639

1,626

Amortization of deferred acquisition costs

926

891

840

803

1,033

1,040

971

938

778

600

581

556

Interest expense

37

45

45

51

60

65

65

61

55

44

35

-

Loss on repayment of debt

-

-28

-

-88

-24

-0

-

-

-

-

34

-

Other operating expenses

538

522

509

498

631

656

667

587

525

445

341

333

Total losses and expenses

4,368

4,211

3,975

3,987

4,594

4,689

4,464

4,562

3,910

2,946

2,563

2,516

Income (loss) from continuing operations before income taxes

522

282

292

66

439

378

329

28

21

205

270

164

Income tax expense (benefit):
Current

80

46

3

26

55

27

8

18

-0

5

51

17

Deferred

12

-2

73

-27

52

68

74

-35

-9

50

31

62

Total income tax expense (benefit)

93

43

76

-1

108

95

83

-17

-9

56

83

79

Income (loss) from continuing operations

429

239

216

67

330

282

245

46

31

149

187

84

Discontinued operations (net of taxes):
Sale of business

-

-

-

-

-

-

-

-

-

-

-

11

Loss from discontinued operations

-

-

-

-1

0

-0

5

9

5

1

9

-84

Income from the operations of AMGRO (net of tax benefit of $1.3 in 2008), including gain on disposal of $11.1 in 2008

-

-

-

-

-

-

-

-

-

-

-

10

Other discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-0

Net income (loss)

425

391

186

155

331

282

251

55

36

151

197

20

Earnings per common share:
Basic:
Income (loss) from continuing operations

10.72

5.63

5.08

1.57

7.53

6.41

5.58

1.03

0.70

3.28

3.71

1.65

Loss from discontinued operations

-

-

-

-

0.02

-

0.12

0.22

0.11

0.04

0.19

-1.66

Income from operations of discontinued variable life insurance and annuity business (net of income tax benefit of $0.06 in 2008), including gain on disposal of $0.03, $0.10 and $0.17 in 2010, 2009 and 2008

-

-

-

-

-

-

-

-

-

-

-

0.22

Income from the operations of AMGRO (net of tax benefit of $0.02 in 2008), including gain on disposal of $0.22 in 2008

-

-

-

-

-

-

-

-

-

-

-

0.20

Other discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-0.01

Net income (loss) per share

10.62

9.21

4.38

3.63

7.55

6.41

5.70

1.25

0.81

3.32

3.90

0.40

Weighted average shares outstanding

40

42

42

42

43

44

44

44

45

45

50

51

Diluted:
Income (loss) from continuing operations

10.56

5.56

5.03

1.55

7.39

6.29

5.47

1.02

0.69

3.23

3.68

1.63

Loss from discontinued operations

-

-

-

-

0.01

-0.01

0.12

0.21

0.11

0.04

0.18

-1.64

Income from operations of discontinued variable life insurance and annuity business (net of income tax benefit of $0.05 in 2008), including gain on disposal of $0.03, $0.09 and $0.17 in 2010, 2009 and 2008

-

-

-

-

-

-

-

-

-

-

-

0.22

Income from the operations of AMGRO (net of tax benefit of $0.02 in 2008), including gain on disposal of $0.21 in 2008

-

-

-

-

-

-

-

-

-

-

-

0.20

Other discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-0.01

Net income (loss) per share

10.46

9.09

4.33

3.59

7.40

6.28

5.59

1.23

0.80

3.27

3.86

0.40

Weighted average shares outstanding

40

43

43

43

44

44

44

45

45

46

51

51

Chaucer [Member]
Premiums

-

850

853

838

-

-

-

-

-

-

-

-

Net investment income

-

54

52

45

-

-

-

-

-

-

-

-

Total revenues

6

912

911

891

-

-

-

-

-

-

-

-

Losses and loss adjustment expenses

-

515

549

419

-

-

-

-

-

-

-

-

Amortization of deferred acquisition costs

-

252

245

231

-

-

-

-

-

-

-

-

Interest expense

-

3

3

3

-

-

-

-

-

-

-

-

Other operating expenses

-

115

109

113

-

-

-

-

-

-

-

-

Total losses and expenses

-

883

904

764

-

-

-

-

-

-

-

-

Total income tax expense (benefit)

-

-

-

37

-

-

-

-

-

-

-

-

Sale of business

-1

131

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations

1

20

-13

89

-

-

-

-

-

-

-

-

Sale of business

-0.03

3.11

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations

0.04

0.47

-0.30

2.08

-

-

-

-

-

-

-

-

Sale of business

-0.03

3.07

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations

0.04

0.46

-0.30

2.06

-

-

-

-

-

-

-

-

Life [Member]
Loss from discontinued operations

-4

0

-16

-1

-

-

-

-

-

-

-

-

Loss from discontinued operations

-0.11

-

-0.40

-0.02

-

-

-

-

-

-

-

-

Loss from discontinued operations

-0.11

-

-0.40

-0.02

-

-

-

-

-

-

-

-