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The Hanover Reports 51% Hike in 3Q Net Income

Friday, November 1, 2013 | 0

The Hanover Insurance Group, Inc. reported Wednesday net income of $61.3 million for the third quarter, up 51% from the $40.4 million reported for the first three quarters of 2012.The Hanover reported net income of $180.9 million for the first nine months of the year, a 63% increase from the $110.9 million reported for the first three quarters of 2012.The Hanover reported net written premium of $1.18 billion in the third quarter, a 5.5% increase over the same period in 2012. Net written premium was $3.5 billion for the first nine months of the year, up from $3.33 billion after three quarters i...

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