Name | Value |
---|---|
Revenues | 1,504.4M |
Cost of Revenue | 153.9M |
Gross Profit | 1,350.5M |
Operating Expense | 1,420.5M |
Operating I/L | -70.0M |
Other Income/Expense | -20.7M |
Interest Income | 8.6M |
Pretax | -90.7M |
Income Tax Expense | -20.7M |
Net Income/Loss | -69.2M |
The Hanover Insurance Group, Inc. provides property and casualty insurance products and services in the United States. It operates through three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers various commercial insurance products, including multiple peril, automobile, workers' compensation, and specialty coverages. The Personal Lines segment provides personal automobile, homeowner's, and other personal coverages. The company also markets investment management services. The Hanover Insurance Group, Inc. distributes its products and services through independent agents and brokers, generating revenue through premiums and investment management fees.