Catastrophe losses in Personal Lines were $58.9 million, or 9.1 points of the combined ratio, versus $34.9 million, or 5.6 points, a year earlier. This included $80.2 million of current‑year catastrophe losses, partially offset by $21.3 million of favorable prior‑year catastrophe reserve development, largely related to 2025 events. Excluding catastrophes, the current accident year combined ratio improved to 83.8% from 84.5%, and the current accident year loss and LAE ratio excluding catastrophes declined 1.1 points to 58.1%, supported by earned pricing running ahead of loss trends and lower homeowners property claim frequency.
Hanover posts record Q1 earnings as pricing and property actions pay off
