The Hanover Insurance Group Inc (NYSE:THG)
$ 123.71 -0.39 (-0.31%) Market Cap: 4.45 Bil Enterprise Value: 4.97 Bil PE Ratio: 27.74 PB Ratio: 1.76 GF Score: 77/100

Hanover Insurance Group Inc at Bank of America Financial Services Conference Transcript

Feb 21, 2024 / 03:30PM GMT
Release Date Price: $133.23 (-0.81%)
Grace Helen Carter
BofA Securities, Research Division - Research Analyst

Thank you for attending the conference this year. Today, we have The Hanover here with us. I'm Grace Carter. I cover The Hanover at Bank of America, and we have Jack Roche, CFO -- sorry, CEO; and Jeff Farber, the CFO, with us today.

Questions & Answers

Grace Helen Carter
BofA Securities, Research Division - Research Analyst

So we're going to go ahead and go into the questions. So starting with the top-line growth target. At the 2021 Investor Day, you established a 5-year top-line growth target of 7%. How might targeted re-underwriting actions impact the ability to achieve the segment-by-segment growth targets? And has pricing increasing over the last few years been sufficient to maybe offset the policy count hit from reunderwriting actions?

John Conner Roche
The Hanover Insurance Group, Inc. - President, CEO & Director

Well, first off, thanks, Grace, for allowing us to participate in the conference, and we're excited to be here

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot