India, April 30 -- The Hanover Insurance Group, Inc. (THG) Wednesday reported net income of $128.2 million, or $3.50 per share, in the first quarter of 2025, compared to $115.5 million, or $3.18 per share, in the prior-year quarter.
Operating income was $141.8 million, or $3.87 per share, in the first quarter of 2025, compared to $111.9 million, or $3.08 per share, in the prior-year quarter.
"We delivered excellent results in the first quarter, with a 17.2% operating return on equity despite significant U.S. industry catastrophe activity," said John C. Roche, president and chief executive officer at The Hanover. "Our performance in the quarter is a testament to the effectiveness of the catastrophe mitigation actions and the margin enhance...