29 July 2016Insurance

The Hanover reports sharp net income decrease in Q2 of 2016 due to cat losses

The Hanover Insurance Group has said that its net income for the second quarter of 2016 was $2 million, a sharp fall from the $120.7 million it reported for the second quarter of 2015.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

RT Binding Authority promotes director to strengthen London markets strategy

23 July 2026 Leadership change supports delegated authority growth, syndicate relationships.

John Neal’s conduct fell ‘significantly below’ expectations, says Lloyd’s

22 July 2026 No evidence of romantic ties with Rebekah Clement, however.

Chubb takes ‘growth penalty’ Q2 to save margin from soft property

22 July 2026 North American commercial premiums fall; soft-market pressure spreads beyond property.

More articles

Going steady: RenaissanceRe improves Q2 combined ratio

US redrawing flood-risk maps could bring 5m extra mandatory policies into play: Neptune

RenaissanceRe ups ILS AuM on own cash and earnings, but flows don’t show

Florida got relief: nearly half of carriers cut reinsurance cost 15-25%

Exclusive: Bermuda stakes its claim in potential use of institutional stablecoins

Flood Re enters second decade with £49m 2025 full-year profit

As cat bonds reach new highs, reflecting on a 30-year journey

Insurtech leader jumps ship to lead Scor nat cat risks

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze