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SCHEDULE V VALUATION AND QUALIFYING ACCOUNTS
 12 Months Ended
Dec. 31, 2020
Valuation And Qualifying Accounts [Abstract]  
SCHEDULE V VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE V

THE HANOVER INSURANCE GROUP, INC.

VALUATION AND QUALIFYING ACCOUNTS

DECEMBER 31

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additions

 

 

 

 

 

 

 

 

 

(in millions)

Description

 

Balance at

beginning of

period

 

 

Charged to

costs and

expenses

 

 

Charged to

other

accounts(1)

 

 

Deductions

 

 

Balance at

end of period

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

3.5

 

 

$

16.9

 

 

$

—

 

 

$

(11.1

)

 

$

9.3

 

Allowance for uncollectible reinsurance recoverables

 

 

3.9

 

 

 

2.7

 

 

 

—

 

 

 

—

 

 

 

6.6

 

 

 

$

7.4

 

 

$

19.6

 

 

$

—

 

 

$

(11.1

)

 

$

15.9

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

4.2

 

 

$

9.5

 

 

$

—

 

 

$

(10.2

)

 

$

3.5

 

Allowance for uncollectible reinsurance recoverables

 

 

3.9

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

3.9

 

 

 

$

8.1

 

 

$

9.5

 

 

$

—

 

 

$

(10.2

)

 

$

7.4

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

4.3

 

 

$

9.5

 

 

$

—

 

 

$

(9.6

)

 

$

4.2

 

Allowance for uncollectible reinsurance recoverables

 

 

9.7

 

 

 

0.6

 

 

 

(6.4

)

 

 

—

 

 

 

3.9

 

 

 

$

14.0

 

 

$

10.1

 

 

$

(6.4

)

 

$

(9.6

)

 

$

8.1

 

(1)

Amounts charged to other accounts include foreign exchange gains and losses. Additionally, in 2018 the Company sold its former Chaucer business; accordingly, the $6.4 million balance associated with this business was reduced as part of the sale.