The Hanover investor day: Walking the growth vs ROE tightrope
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The Hanover investor day: Walking the growth vs ROE tightrope

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The Hanover’s precursor companies trace their origins back to the mid-1850s, when they played a pivotal role in providing fire insurance coverage. Fast forward to the early 2000s, and pressure in the firm's variable annuity book led to the departure of its CEO in 2002.

This led to the hiring of Fred Eppinger, who arrived from The Hartford and was a McKinsey alumnus. Unfortunately, Eppinger’s tenure proved to be a difficult period for the investors, and stock and expectations continued to diverge for the...

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