Company Profile

Company Overview

The Hanover Insurance Group, Inc. (NYSE: THG) based in Worcester, Mass., is the holding company for a group of insurers that includes The Hanover Insurance Company, also based in Worcester; Citizens Insurance Company of America, headquartered in Howell, Mich., and their affiliates. The Hanover offers a wide range of property and casualty products and services to individuals, families and businesses through an extensive network of independent agents. Taken as a group, The Hanover ranks among the top 30 property and casualty insurers in the United States. For more information, please visit www.hanover.com

For The Hanover in 2009, net premiums written increased 3.6% to $2.6 bil, and net income increased from $20.6 mil in the prior year to of $197.2 mil. Book value per share at December 31, 2009 increased 34.1% over December 31, 2008 from $37.08 per share to $49.72. Despite the weather, cycle stress, and the pressure created by the economy, Hanover delivered results unmatched by most in the industry. First quarter 2010 results were also strong…producing solid earnings, industry leading growth, and delivering a combined ratio below 100.