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Article: The Hanover Insurance Group Reports Second Quarter Results.
- Article from:
- PR Newswire
- Article date:
- July 30, 2009
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WORCESTER, Mass., July 30 /PRNewswire-FirstCall/ --
-- Net income of $64.4 million, or $1.25 per share, compared to a net
loss of $10.2 million, or $0.20 per share in the prior-year quarter
-- Segment income after tax of $44.0 million, or $0.86 per share,
compared to $55.5 million, or $1.07 per share in the prior-year
quarter(1)
-- Net premiums written of $663.1 million, 3.5% higher than the
prior-year quarter
-- A Property and Casualty combined ratio of 96.4%
-- Book value per share increase of $5.13, or 13%, to $43.75 from $38.62
at March 31, 2009
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