HANOVER INSURANCE GROUP, INC. THGA Income Statement

Hanover insurance group, inc. (THGA)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues
Premiums
4,520	4,474	4,412	4,359	4,307	4,254	3,785	3,718	3,841	3,980	3,698	3,855	3,819	3,789	4,595	4,584	4,645	4,704	4,755	4,789	4,758	4,710	4,662	4,603	4,519	4,450	4,392	4,338	4,297	4,239	4,204	4,152	3,872	3,598	3,299	3,008	2,936	2,841	2,729	2,631	0	0	0
Net investment income
280	281	278	275	271	267	235	232	238	243	232	237	234	231	275	275	277	279	277	277	273	270	269	267	268	269	271	274	275	276	275	274	266	258	252	245	246	247	246	246	0	0	0
Net realized and unrealized investment gains (losses):
Net realized gains (losses) from sales and other
8	4	-1	-2	-3	-2	1	15	24	26	32	21	18	37	38	46	56	46	62	55	63	55	44	42	35	39	47	51	35	31	16	19	35	35	47	45	34	43	30	26	0	0	0
Net change in fair value of equity securities
-78	106	25	33	28	-43	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment losses on investments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net other–than–temporary impairment losses on investments recognized in earnings
-	-	0	0	-	4	3	4	4	5	5	4	7	27	44	48	45	26	9	5	0	-	0	0	-	6	5	5	6	7	8	8	7	6	10	10	12	13	13	18	0	0	0
Total net realized and unrealized investment gains (losses)
-100	109	20	28	20	-50	17	0	0	-	0	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fees and other income
26	25	24	23	23	23	20	21	21	22	18	21	22	22	30	29	28	30	32	34	35	36	37	38	39	40	43	45	47	51	54	55	52	46	39	35	34	34	34	34	0	0	0
Total other-than-temporary impairment losses on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Portion of loss transferred (from) to other comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Total net realized and unrealized investment (losses) gains
-	-	-	-	-	-	-	-	-	-	-	-	9	-	-5	-1	11	19	48	45	55	50	42	38	29	33	41	45	28	23	7	11	27	28	37	35	22	29	13	0	0	-	0
Total revenues
4,727	4,890	4,735	4,687	4,622	4,494	4,046	3,965	4,098	4,267	3,976	4,131	4,087	4,053	4,895	4,887	4,962	5,034	5,114	5,146	5,122	5,067	5,011	4,947	4,857	4,793	4,748	4,704	4,649	4,590	4,542	4,492	4,219	3,931	3,629	3,325	3,239	3,152	3,027	2,919	0	0	0
Losses and expenses
Losses and loss adjustment expenses
2,894	2,865	2,828	2,799	2,753	2,724	2,450	2,430	2,484	2,579	2,572	2,608	2,612	2,546	2,796	2,795	2,810	2,884	2,904	2,969	2,950	2,927	2,921	2,861	2,828	2,761	2,943	2,956	2,996	2,974	2,789	2,815	2,701	2,550	2,335	2,054	1,935	1,856	1,787	1,726	0	0	0
Amortization of deferred acquisition costs
934	926	919	911	902	891	763	750	793	840	774	821	810	803	1,023	1,024	1,031	1,033	1,048	1,049	1,046	1,040	1,025	1,009	982	971	960	952	952	938	928	914	844	778	657	608	608	600	637	609	0	0	0
Interest expense
37	37	39	41	43	45	43	43	44	45	44	45	48	51	57	59	59	60	62	64	65	65	65	65	66	65	63	61	60	61	63	65	60	55	50	44	45	44	0	0	0	-	-
Loss on repayment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other operating expenses
542	538	529	524	523	522	468	460	484	509	488	519	509	498	592	590	605	631	666	671	676	656	656	657	667	667	646	632	593	587	563	570	558	525	558	496	465	445	366	371	0	0	0
Total losses and expenses
4,407	4,368	4,345	4,305	4,250	4,211	3,724	3,684	3,805	3,975	3,882	3,996	4,070	3,987	4,571	4,577	4,492	4,594	4,651	4,718	4,739	4,689	4,668	4,593	4,545	4,464	4,614	4,603	4,602	4,562	4,343	4,366	4,164	3,910	3,600	3,204	3,055	2,946	2,824	2,693	0	0	0
Income (loss) from continuing operations before income taxes
319	522	389	382	372	282	321	281	293	292	93	135	16	66	324	310	470	439	462	427	382	378	343	354	312	329	134	101	46	28	198	126	54	21	28	120	183	205	203	226	0	0	0
Income tax expense (benefit):
Current
89	80	73	67	64	46	-25	-24	-36	3	33	25	26	26	57	60	60	55	67	54	47	27	9	12	13	8	13	-6	-16	18	51	49	34	-0	-26	13	38	5	9	0	0	0	0
Deferred
-37	12	-6	-5	-3	-2	77	81	108	73	-22	-0	-43	-27	21	15	56	52	52	52	53	68	77	78	64	74	-4	2	1	-35	-0	-20	-33	-9	15	7	10	50	49	69	0	0	0
Total income tax expense (benefit)
51	93	68	68	60	43	51	56	71	76	11	24	-17	-1	78	75	116	108	119	106	100	95	86	90	78	83	9	-3	-15	-17	50	29	0	-9	-10	20	48	56	58	70	0	0	0
Income (loss) from continuing operations
267	429	320	313	311	239	269	225	221	216	81	110	34	67	246	235	354	330	343	320	282	282	257	263	234	245	125	105	61	46	147	96	54	31	38	100	135	149	144	156	0	0	0
Discontinued operations (net of taxes):
Sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-1	1	1	0	-	0	0	-	-0	5	5	5	5	0	-0	10	9	12	13	2	5	3	3	3	1	1	1	0	0	0
Loss from discontinued accident and health business (net of income tax expense of $0.1 and $0.4 in 2010 and 2009)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net income (loss)
262	425	438	420	445	391	318	229	208	186	121	198	122	155	246	236	354	331	343	320	282	282	262	268	239	251	125	105	72	55	160	110	57	36	41	104	138	151	146	158	0	0	0
Earnings per common share:
Basic:
Income (loss) from continuing operations
-1.01	2.80	2.81	2.09	3.02	0.05	2.45	1.94	1.19	0.77	1.40	1.85	1.06	-2.36	2.07	0.04	1.82	1.80	1.75	2.74	1.24	2.04	1.25	1.87	1.25	1.48	1.40	1.21	1.49	-1.24	0.92	0.22	1.13	1.02	-0.22	-0.72	0.62	1.20	1.14	0.05	0.89	0.96	1.23
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.01	0.00	0.00	0.03	-0.01	0.00	-	-	0.01	-0.01	-	0.00	-	-	0.01	-0.01	0.24	-0.02	0.06	0.01	0.01	0.03	-	0.02	-	-0.01	0.01	0.02
Loss from discontinued accident and health business (net of income tax expense of $0.01 in 2009)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.01
Net income (loss) per share
-1.04	2.79	3.00	1.82	3.01	2.92	2.36	2.34	1.59	1.21	0.26	1.85	1.06	-0.31	2.07	0.05	1.82	1.80	1.78	2.73	1.24	2.04	1.25	1.88	1.24	1.60	1.40	1.21	1.49	-1.23	0.91	0.46	1.11	1.09	-0.22	-0.71	0.65	1.23	1.16	0.05	0.88	0.98	1.26
Weighted average shares outstanding
38	39	39	40	40	42	42	42	42	42	42	42	42	42	42	43	42	43	44	44	44	43	44	44	43	44	43	44	44	44	44	44	44	44	45	45	45	90	44	0	47	50	51
Diluted:
Income (loss) from continuing operations
-1.01	2.75	2.77	2.06	2.98	0.07	2.41	1.91	1.17	0.77	1.38	1.83	1.05	-2.34	2.06	0.04	1.79	1.76	1.72	2.69	1.22	2.01	1.22	1.84	1.22	1.44	1.37	1.19	1.47	-1.21	0.90	0.22	1.11	1.02	-0.22	-0.72	0.61	1.18	1.12	0.05	0.88	0.95	1.23
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.01	0.00	0.02	-0.01	0.00	-	-	-	-	-	-	0.02	-0.01	0.00	-0.01	0.24	-0.02	0.06	0.01	0.01	0.03	0.02	0.03	0.00	-0.01	0.01	0.02
Loss from discontinued accident and health business (net of income tax expense of $0.01 in 2009)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	-
Net income (loss) per share
-1.04	2.74	2.96	1.79	2.97	2.88	2.33	2.31	1.57	1.19	0.26	1.83	1.05	-0.32	2.06	0.05	1.80	1.76	1.74	2.68	1.22	2.00	1.22	1.84	1.22	1.57	1.37	1.19	1.46	-1.21	0.89	0.46	1.09	1.09	-0.22	-0.71	0.64	1.20	1.15	0.05	0.87	0.97	1.25
Weighted average shares outstanding
38	39	40	41	41	42	43	43	43	43	42	42	42	42	43	43	43	44	44	45	45	45	44	44	44	44	44	44	45	45	45	45	45	46	45	45	46	91	45	0	48	51	51
Chaucer [Member]
Premiums
-	-	-	-	-	850	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net investment income
-	-	-	-	-	54	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
-	-	223	448	-	912	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Losses and loss adjustment expenses
-	-	-	-	-	515	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred acquisition costs
-	-	-	-	-	252	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
-	-	-	-	-	3	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expenses
-	-	-	-	-	115	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total losses and expenses
-	-	-	-	-	883	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of new tax regulations on business gain on sale
-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of business
-	-1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-	1	-8	-14	2	20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of business
-	0.03	0.16	-0.24	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-	0.01	0.05	-0.01	-0.01	-0.24	-0.09	0.40	0.40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of business
-	0.03	0.16	-0.24	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-	0.01	0.05	-0.01	-0.01	-0.25	-0.08	0.39	0.40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Life [Member]
Loss from discontinued operations
-4	-4	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-0.03	-0.05	-0.02	-0.02	-0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-0.03	-0.05	-0.02	-0.02	-0.02	-	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-