Catastrophe loss in personal lines was $58.9 million, or 9.1 points of the combined ratio, compared with $34.9 million, or 5.6 points, a year earlier. This includes $80.2 million of current year catastrophe loss, partially offset by $21.3 million of favorable prior-year catastrophe reserve development, primarily related to 2025 events. The current accident year combined ratio excluding disasters improved to 83.8% from 84.5%, and the current accident year LAE ratio excluding disasters and losses declined 1.1 points to 58.1%, supported by earnings pricing moving ahead of loss trends and lower homeowner property claim frequency.
Hanover reports record first-quarter earnings as pricing and property actions pay off & more related News Here
