Personal Lines was Hanover Insurance’s largest segment in fiscal 2025, bringing in $2.70B of $6.64B (41%).
| Segment | FY 2016 | FY 2017 | FY 2018 | FY 2020 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Commercial Lines | — | — | — | — | ||||
| Core Commercial | $2.09B | $2.22B | $2.32B | $2.42B | ||||
| Personal Lines | $2.21B | $2.44B | $2.56B | $2.70B | ||||
| Specialty | $1.26B | $1.35B | $1.41B | $1.51B | ||||
| Other | $14.20M | $15.40M | $12.40M | $21.00M | ||||
| Other (Including Eliminations) | — | — | — | — | ||||
| Total | $5.58B | $6.03B | $6.31B | $6.64B |
Hanover Insurance brought in $6.64B from its four segments in fiscal 2025, the year ended December 31, 2025. That was up 5.2% from $6.31B in fiscal 2024. Personal Lines was the largest at $2.70B (40.6%), ahead of Core Commercial at $2.42B (36.4%) and Specialty at $1.51B (22.7%). The remaining segment, Other, brought in $21.00M.
Compared with fiscal 2024, Specialty grew fastest, up 6.6% to $1.51B. Every segment above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these segments grew from $5.58B to $6.64B, a compound annual growth rate of 6.0%. Personal Lines' share of the total rose from 39.7% to 40.6%.
Hanover Insurance (THG) reports its revenue by segment. In fiscal 2025, Personal Lines was its largest segment, bringing in $2.70B (40.6% of the total), followed by Core Commercial at $2.42B (36.4%).
Personal Lines was Hanover Insurance's largest segment in fiscal 2025, bringing in $2.70B, or 40.6% of the $6.64B total across its four segments.
Among Hanover Insurance's segments that make up at least 2% of revenue, Specialty grew fastest in fiscal 2025, up 6.6% from $1.41B to $1.51B.
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 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.