The Hanover Insurance Group Inc
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. It offers commercial multiple peril, workers' compensation, commercial automobile, and other commercial lines coverage; and professional and execu… Read more
The Hanover Insurance Group Inc (THG) - Total Assets
Latest total assets as of December 2025: $14.93 Billion USD
Based on the latest financial reports, The Hanover Insurance Group Inc (THG) holds total assets worth $14.93 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
The Hanover Insurance Group Inc - Total Assets Trend (1995–2025)
This chart illustrates how The Hanover Insurance Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
The Hanover Insurance Group Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
The Hanover Insurance Group Inc's total assets of $14.93 Billion consist of 20.0% current assets and 80.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $1.12 Billion | 7.5% |
| Accounts Receivable | $1.86 Billion | 12.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $703.00 Million | 4.7% |
| Goodwill | $178.80 Million | 1.2% |
Asset Composition Trend (1995–2025)
This chart illustrates how The Hanover Insurance Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: The Hanover Insurance Group Inc's current assets represent 20.0% of total assets in 2025, an increase from 3.0% in 1995.
- Cash Position: Cash and equivalents constituted 7.5% of total assets in 2025, up from 0.0% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 12.5% of total assets.
The Hanover Insurance Group Inc Competitors by Total Assets
Key competitors of The Hanover Insurance Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
Hanwha General
KO:000370
|
Korea | ₩20.72 Trillion |
|
Heungkuk F&M I
KO:000540
|
Korea | ₩13.12 Trillion |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
Korea | ₩13.12 Trillion |
|
Samsung Fire & Marine Insurance
KO:000810
|
Korea | ₩88.44 Trillion |
|
Samsung Fire And Marine Ins Pref
KO:000815
|
Korea | ₩88.44 Trillion |
|
Hyundai Mar&Fi
KO:001450
|
Korea | ₩50.71 Trillion |
|
DB Insurance Co Ltd
KO:005830
|
Korea | ₩72.11 Trillion |
The Hanover Insurance Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - The Hanover Insurance Group Inc generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, The Hanover Insurance Group Inc generates $ 4.44 in net profit.
The Hanover Insurance Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 7.96 | 7.18 | 58.72 |
| Quick Ratio | 7.96 | 7.18 | 58.72 |
| Cash Ratio | 2.99 | 0.53 | 0.00 |
| Working Capital | $2.61 Billion | $ 5.07 Billion | $ 3.31 Billion |
The Hanover Insurance Group Inc - Advanced Valuation Insights
This section examines the relationship between The Hanover Insurance Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.69 |
| Latest Market Cap to Assets Ratio | 0.40 |
| Asset Growth Rate (YoY) | -2.2% |
| Total Assets | $14.93 Billion |
| Market Capitalization | $6.04 Billion USD |
Valuation Analysis
Below Book Valuation: The market values The Hanover Insurance Group Inc's assets below their book value (0.40 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: The Hanover Insurance Group Inc's assets decreased by 2.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for The Hanover Insurance Group Inc (1995–2025)
The table below shows the annual total assets of The Hanover Insurance Group Inc from 1995 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $14.93 Billion | -2.22% |
| 2024-12-31 | $15.27 Billion | +4.53% |
| 2023-12-31 | $14.61 Billion | +4.41% |
| 2022-12-31 | $14.00 Billion | -1.82% |
| 2021-12-31 | $14.25 Billion | +6.03% |
| 2020-12-31 | $13.44 Billion | +7.63% |
| 2019-12-31 | $12.49 Billion | +0.73% |
| 2018-12-31 | $12.40 Billion | -19.84% |
| 2017-12-31 | $15.47 Billion | +8.78% |
| 2016-12-31 | $14.22 Billion | +3.11% |
| 2015-12-31 | $13.79 Billion | +0.23% |
| 2014-12-31 | $13.76 Billion | +2.85% |
| 2013-12-31 | $13.38 Billion | -0.79% |
| 2012-12-31 | $13.48 Billion | +7.03% |
| 2011-12-31 | $12.60 Billion | +47.01% |
| 2010-12-31 | $8.57 Billion | +6.56% |
| 2009-12-31 | $8.04 Billion | -12.87% |
| 2008-12-31 | $9.23 Billion | -5.96% |
| 2007-12-31 | $9.82 Billion | -0.42% |
| 2006-12-31 | $9.86 Billion | -7.31% |
| 2005-12-31 | $10.63 Billion | -55.17% |
| 2004-12-31 | $23.72 Billion | -7.02% |
| 2003-12-31 | $25.51 Billion | -4.19% |
| 2002-12-31 | $26.63 Billion | -12.23% |
| 2001-12-31 | $30.34 Billion | -3.96% |
| 2000-12-31 | $31.59 Billion | +2.66% |
| 1999-12-31 | $30.77 Billion | +11.27% |
| 1998-12-31 | $27.65 Billion | +22.64% |
| 1997-12-31 | $22.55 Billion | +18.86% |
| 1996-12-31 | $18.97 Billion | +6.83% |
| 1995-12-31 | $17.76 Billion | -- |