The Hanover CFO: Personal lines 'back to target' in 2023
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The Hanover CFO: Personal lines 'back to target' in 2023

Farhin Lilywala
May 04, 2022
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The Hanover Group (THG) CFO Jeff Farber has guided that his company’s personal lines segment will return to profitability in 2023, after sustaining a “slightly elevated” loss ratio in 2022.

During the company’s earnings call with analysts, the CFO attributed THG’s worsening personal lines first quarter combined ratio to increased severity in auto and homeowners claims.

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Topics

News Commercial lines Personal lines The Hanover Earnings
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Farhin Lilywala
Section Editor, Distribution & Specialty
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