The Hanover expects its fourth quarter combined ratio, excluding catastrophes, to be 94.1%. As a result, the company expects its full year combined ratio, excluding catastrophes, to be 92.1%, consistent with the outlook range of 92.0% to 92.5% provided on its third quarter earnings call. Taking this and other currently available information into account, The Hanover expects to report an after-tax net loss per share of $0.33 and operating loss per share of $1.05 for the fourth quarter.
Published first on TheFly
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