Hanover Insurance Group, Inc. (The): Update following rating affirmation; stable outlook
Our credit view of this issuer reflects its high asset quality including low goodwill and intangibles, offset by its above-average underwriting leverage.
The Hanover Insurance Group is a holding company. Through its subsidiaries, the company business operations are property and casualty insurance products and services. The company markets its products and services through independent agents and brokers. The company conducts three operating segments: Commercial Lines, which includes commercial multiple peril, commercial automobile, workers' compensation, and other commercial coverages; Personal Lines, which includes personal automobile, homeowners, and other personal coverages; and Other, which provides investment advisory services to affiliates and also manages assets for unaffiliated institutions such as insurance companies, retirement plans and foundations.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
- 130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.