{"id":4397,"date":"2026-04-30T07:03:23","date_gmt":"2026-04-30T07:03:23","guid":{"rendered":"https:\/\/www.insuracarelife.com\/blog\/hanover-posts-record-q1-earnings-as-pricing-and-property-actions-pay-off\/"},"modified":"2026-04-30T07:03:23","modified_gmt":"2026-04-30T07:03:23","slug":"hanover-posts-record-q1-earnings-as-pricing-and-property-actions-pay-off","status":"publish","type":"post","link":"https:\/\/www.insuracarelife.com\/blog\/hanover-posts-record-q1-earnings-as-pricing-and-property-actions-pay-off\/","title":{"rendered":"Hanover posts record Q1 earnings as pricing and property actions pay off"},"content":{"rendered":"<div>\n<p>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\u2011year catastrophe losses, partially offset by $21.3 million of favorable prior\u2011year 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.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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\u2011year catastrophe losses, partially offset by $21.3 million of favorable prior\u2011year catastrophe reserve development, largely related to 2025 events. Excluding catastrophes, the current accident year combined [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4398,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1651,1717,1341,215,2455,3180,1649,1860],"class_list":["post-4397","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-actions","tag-earnings","tag-hanover","tag-pay","tag-posts","tag-pricing","tag-property","tag-record"],"_links":{"self":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/4397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/comments?post=4397"}],"version-history":[{"count":0,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/4397\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media\/4398"}],"wp:attachment":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media?parent=4397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/categories?post=4397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/tags?post=4397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}