Hanover Insurance Group Inc, founded in 1852 and headquartered in Worcester, Massachusetts, is a prominent provider of property and casualty insurance. The company primarily focuses on underwriting and providing effective risk management solutions, offering products that include commercial and personal lines of insurance.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| THG 2.50% 2030-09-01 USDHanover Insurance Group Inc | United States | 2030-09-01 | 2.500 | 4.66 |
| THG 4.50% 2026-04-15 USDHanover Insurance Group Inc | United States | 2026-04-15 | 4.500 | 4.42 |
| THG 5.50% 2035-09-01 USDHanover Insurance Group Inc | United States | 2035-09-01 | 5.500 | 5.33 |
| THG 7.63% 2025-10-15 USDHanover Insurance Group Inc | United States | 2025-10-15 | 7.625 | 2.33 |
| THG 8.21% 2027-02-03 USDHanover Insurance Group Inc | United States | 2027-02-03 | 8.207 | 6.35 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Hanover has a strong history in the bond market, having first issued bonds in the early 1990s to support its growth strategy. Notably, in 2020, they issued a significant $300 million of senior notes to refinance existing debt and strengthen their balance sheet. Currently, Hanover's bonds yield approximately 3.5%, which positions them competitively within the insurance sector, reflecting strong credit ratings and investor confidence. These bonds include features such as call options, which add flexibility for the company in managing its debt portfolio.