false00009446950000944695thg:SevenPointSixTwoFivePercentageSeniorDebenturesDueTwoThousandTwentyFiveMember2024-08-142024-08-1400009446952024-08-142024-08-140000944695us-gaap:CommonStockMember2024-08-142024-08-14

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 14, 2024

 

THE HANOVER INSURANCE GROUP, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

1-13754

04-3263626

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

 

 

 

440 Lincoln Street, Worcester, Massachusetts

(Address of principal executive offices)

01653

(Zip Code)

 

(508) 855-1000

Registrant’s telephone number, including area code:

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading Symbols

 

Name of each exchange on which registered

Common Stock, $.01 par value

 

THG

 

New York Stock Exchange

7 5/8% Senior Debentures due 2025

 

THG

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Item 8.01 Other Events

Pursuant to analyst inquiries about The Hanover Insurance Group, Inc.’s (the “Company”) reinsurance recoverable due from R&Q Insurance Holdings Ltd (“R&Q”) as of December 31, 2023, as reported in the Company’s 2023 Annual Report on Form 10-K, the Company is providing the following additional information.

Effective July 1, 2024, the reinsurance agreement underlying $33.5 million of the recoverable reported as of December 31, 2023, was fully novated from R&Q to a subsidiary of Enstar Group Limited (“Enstar”). The reinsurance recoverable under the novated reinsurance agreement with Enstar remains fully collateralized by assets in trust.

2

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

The Hanover Insurance Group, Inc.

(Registrant)

Date: August 14, 2024

By:

/s/ Jeffrey M. Farber

Jeffrey M. Farber

Executive Vice President and

Chief Financial Officer

 

3

v3.24.2.u1
Document And Entity Information
Aug. 14, 2024
Document Information [Line Items]  
Entity Registrant Name HANOVER INSURANCE GROUP, INC.
Document Type 8-K
Amendment Flag false
Entity Central Index Key 0000944695
Document Period End Date Aug. 14, 2024
Entity Emerging Growth Company false
Entity File Number 1-13754
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 04-3263626
Entity Address, Address Line One 440 Lincoln Street
Entity Address, City or Town Worcester
Entity Address, State or Province MA
Entity Address, Postal Zip Code 01653
City Area Code 508
Local Phone Number 855-1000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Common Stock [Member]  
Document Information [Line Items]  
Title of each class Common Stock, $.01 par value
Trading Symbol THG
Name of each exchange on which registered NYSE
7 5/8% Senior Debentures Due 2025 [Member]  
Document Information [Line Items]  
Title of each class 7 5/8% Senior Debentures due 2025
Trading Symbol THG
Name of each exchange on which registered NYSE
Hanover Insurance (NYSE:THG)
Gráfica de Acción Histórica
De Jul 2024 a Ago 2024 Haga Click aquí para más Gráficas Hanover Insurance.
Hanover Insurance (NYSE:THG)
Gráfica de Acción Histórica
De Ago 2023 a Ago 2024 Haga Click aquí para más Gráficas Hanover Insurance.