The Hanover Insurance Group Inc (NYSE:THG)
$ 165.01 0.74 (0.45%) Market Cap: 5.95 Bil Enterprise Value: 6.30 Bil PE Ratio: 16.37 PB Ratio: 2.06 GF Score: 79/100

Hanover Insurance Group Inc at Bank of America Financial Services Conference Transcript

Feb 21, 2024 / 03:30PM GMT
Release Date Price: $133.23 (-0.81%)
Grace Helen Carter
BofA Securities, Research Division - Research Analyst

Thank you for attending the conference this year. Today, we have The Hanover here with us. I'm Grace Carter. I cover The Hanover at Bank of America, and we have Jack Roche, CFO -- sorry, CEO; and Jeff Farber, the CFO, with us today.

Questions & Answers

Grace Helen Carter
BofA Securities, Research Division - Research Analyst

So we're going to go ahead and go into the questions. So starting with the top-line growth target. At the 2021 Investor Day, you established a 5-year top-line growth target of 7%. How might targeted re-underwriting actions impact the ability to achieve the segment-by-segment growth targets? And has pricing increasing over the last few years been sufficient to maybe offset the policy count hit from reunderwriting actions?

John Conner Roche
The Hanover Insurance Group, Inc. - President, CEO & Director

Well, first off, thanks, Grace, for allowing us to participate in the conference, and we're excited to be here

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