The Hanover Insurance Group, Inc. - SWOT Analysis

Datamonitor's The Hanover Insurance Group, Inc. SWOT company profile is the essential source for top-level company data and information. The report examines the company's key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.

The Hanover Insurance Group (THG), formerly known as Allmerica Financial Corporation, is an insurance holding group. The group's principal subsidiaries are The Hanover Insurance Company based in Worcester and Citizens Insurance Company of America based in Howell, Michigan. The group offers property and casualty products and services to individuals, families and businesses. The group primarily operates in the US. It is headquartered in Worcester, Massachusetts and employs about 4,000 people. The company recorded revenues of $2,644.1 million during the fiscal year ended December 2006, an increase of 0.8% over 2005. The operating profit of the company was $191.7 million during fiscal year 2006, compared to an operating profit of $76.5 million in 2005. The net profit was $170.3 million in fiscal year 2006, compared to the net loss of $325.2 in 2005. Base profile 10 K page no 72

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