Personal Lines was Hanover Insurance’s largest segment in fiscal 2023, bringing in $4.66B of $11.33B (41%).
| Segment | FY 2022 | FY 2023 |
|---|---|---|
| Personal Lines | $4.23B | $4.66B |
| Core Commercial | $3.90B | $4.12B |
| Specialty | $2.38B | $2.55B |
| Total | $10.50B | $11.33B |
Hanover Insurance brought in $11.33B from its three segments in fiscal 2023, the year ended December 31, 2023. That was up 7.8% from $10.50B in fiscal 2022. Personal Lines was the largest at $4.66B (41.1%), ahead of Core Commercial at $4.12B (36.4%) and Specialty at $2.55B (22.5%).
Compared with fiscal 2022, Personal Lines grew fastest, up 10.2% to $4.66B. Every segment above 2% of revenue grew.
Hanover Insurance (THG) reports its revenue by segment. In fiscal 2023, Personal Lines was its largest segment, bringing in $4.66B (41.1% of the total), followed by Core Commercial at $4.12B (36.4%).
Personal Lines was Hanover Insurance's largest segment in fiscal 2023, bringing in $4.66B, or 41.1% of the $11.33B total across its three segments.
Among Hanover Insurance's segments that make up at least 2% of revenue, Personal Lines grew fastest in fiscal 2023, up 10.2% from $4.23B to $4.66B.
Every figure comes from Hanover Insurance's annual financial filings, as reported. Each line keeps the name Hanover Insurance gives it, and years follow its fiscal calendar.
Hanover Insurance's revenue by segment goes back to fiscal 2022, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.