HANOVER INSURANCE GROUP INC
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 31, 2024
THG$245.23+1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Shareholders’ Equity
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (UNAUDITED)
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| (In millions) | 2024 | 2023 | 2024 | 2023 |
| Preferred Stock | ||||
| Balance at beginning and end of period | $— | $— | $— | $— |
| Common Stock | ||||
| Balance at beginning and end of period | 0.6 | 0.6 | 0.6 | 0.6 |
| Additional Paid-in Capital | ||||
| Balance at beginning of period | 1,951.9 | 1,923.0 | 1,939.2 | 1,913.1 |
| Employee and director stock-based awards and other | 11.0 | 8.4 | 23.7 | 18.3 |
| Balance at end of period | 1,962.9 | 1,931.4 | 1,962.9 | 1,931.4 |
| Accumulated Other Comprehensive Income (Loss), net of tax | ||||
| Net Unrealized Appreciation (Depreciation) on Investments: | ||||
| Balance at beginning of period | (490.9) | (613.3) | (462.8) | (641.4) |
| Net appreciation (depreciation) on available-for-sale securities | 243.0 | (114.2) | 214.9 | (86.1) |
| Balance at end of period | (247.9) | (727.5) | (247.9) | (727.5) |
| Defined Benefit Pension and Postretirement Plans: | ||||
| Balance at beginning of period | (52.1) | (60.9) | (54.8) | (64.1) |
| Net amount recognized as net periodic benefit cost | 1.4 | 1.5 | 4.1 | 4.7 |
| Balance at end of period | (50.7) | (59.4) | (50.7) | (59.4) |
| Long Duration Insurance Contracts: | ||||
| Balance at beginning of period | 2.2 | 3.3 | 0.4 | 4.0 |
| Net change in market risk | (3.1) | 3.3 | (1.3) | 2.6 |
| Balance at end of period | (0.9) | 6.6 | (0.9) | 6.6 |
| Total accumulated other comprehensive loss | (299.5) | (780.3) | (299.5) | (780.3) |
| Retained Earnings | ||||
| Balance at beginning of period | 3,003.4 | 2,853.0 | 2,909.4 | 2,992.9 |
| Net income (loss) | 102.1 | 8.6 | 258.1 | (72.6) |
| Dividends to shareholders | (31.0) | (29.3) | (93.0) | (88.0) |
| Balance at end of period | 3,074.5 | 2,832.3 | 3,074.5 | 2,832.3 |
| Treasury Stock | ||||
| Balance at beginning of period | (1,862.9) | (1,867.8) | (1,866.4) | (1,871.4) |
| Net shares reissued at cost under employee stock-based compensation plans | 2.1 | 0.1 | 5.6 | 3.7 |
| Balance at end of period | (1,860.8) | (1,867.7) | (1,860.8) | (1,867.7) |
| Total shareholders’ equity | $2,877.7 | $2,116.3 | $2,877.7 | $2,116.3 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.