Hanover Reports Q4 Book Value Per Share of $100.90

Reports Q4 book value per share of $100.90, up 5.1% from September 30, 2025. "We delivered outstanding results in 2025, with a strong Q4 that capped a record year driven by disciplined execution across the company," said John C. Roche, president and CEO at The Hanover. "We achieved record annual operating return on equity of 20.1%, the highest in our history, and 23.1% in the Q4 while generating $6.3B in net written premiums for the year, reflecting solid year-over-year growth of approximately 4%. We are exceptionally well-positioned across our businesses. In Personal Lines, our market position is driven by our strength as an account writer, with approximately 89% of customers having multiple policies, driving strong retention. In Core Commercial, we continue to see attractive, high-quality opportunities in the small-to-middle-market account segment. In Specialty, while competition is more pronounced in the larger-sized property market, our broad offering and our focus on smaller-sized accounts across most of our portfolio position us for accelerated growth. Taken together, our diversified and specialized product set and disciplined approach to managing profitability at the individual account level enable us to identify and capitalize on the most compelling opportunities in a dynamic market environment as conditions continue to evolve."