Earnings call transcript: The Hanover tops Q2 2026 profit forecasts

The Hanover Insurance Group reported strong second-quarter 2026 results, surpassing profit forecasts with an operating EPS of $5.31 against an estimate of $3.88 and revenue of $1.66 billion. The insurer saw net written premiums increase by 4.6% and achieved a record second-quarter combined ratio of 91.2%, driving operating return on equity to approximately 20%. Shares rose over 3% in after-hours trading, approaching their 52-week high, supported by robust underwriting profitability and management's confidence in capital returns, including a new $700 million share repurchase authorization.