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SCHEDULE VI SUPPLEMENTAL INFORMATION CONCERNING PROPERTY AND CASUALTY INSURANCE OPERATIONS
 12 Months Ended
Dec. 31, 2020
Supplemental Information For Property Casualty Insurance Underwriters [Abstract]  
SCHEDULE VI SUPPLEMENTAL INFORMATION CONCERNING PROPERTY AND CASUALTY INSURANCE OPERATIONS

 SCHEDULE VI

THE HANOVER INSURANCE GROUP, INC.

SUPPLEMENTAL INFORMATION CONCERNING PROPERTY AND CASUALTY INSURANCE OPERATIONS

YEARS ENDED DECEMBER 31

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Affiliation with Registrant

 

Deferred

acquisition

costs

 

 

Reserves for

unpaid

claims and

claim

adjustment

expenses (1)

 

 

Discount, if

any,

deducted

from

previous

column (2)

 

 

Unearned

premiums (1)

 

 

Earned

premiums

 

 

Net

investment

income

 

Consolidated Property and Casualty Subsidiaries (3)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2020

 

$

477.5

 

 

$

6,024.0

 

 

$

—

 

 

$

2,482.7

 

 

$

4,527.4

 

 

$

265.1

 

2019

 

$

467.4

 

 

$

5,654.4

 

 

$

—

 

 

$

2,416.7

 

 

$

4,474.5

 

 

$

281.3

 

2018

 

$

450.8

 

 

$

5,304.1

 

 

$

—

 

 

$

2,277.8

 

 

$

4,254.4

 

 

$

267.4

 

 

 

 

 

 

Claims and claim adjustment

expenses incurred related to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current year

 

 

Prior years

 

 

Amortization

of deferred

acquisition

costs

 

 

Paid claims

and claim

adjustment

expenses

 

 

Premiums

written

 

2020

 

 

 

$

2,877.8

 

 

$

(32.6

)

 

$

951.0

 

 

$

2,542.4

 

 

$

4,598.5

 

2019

 

 

 

$

2,893.9

 

 

$

(28.4

)

 

$

926.7

 

 

$

2,616.5

 

 

$

4,581.7

 

2018

 

 

 

$

2,733.5

 

 

$

(8.9

)

 

$

891.8

 

 

$

2,496.6

 

 

$

4,384.8

 

(1)

Reserves for unpaid claims and claim adjustment expenses are shown gross of $1,641.6 million, $1,574.8 million and $1,472.6 million of reinsurance recoverable on unpaid losses in 2020, 2019 and 2018, respectively. Unearned premiums are shown gross of prepaid premiums of $144.2 million, $149.3 million and $117.6 million in 2020, 2019 and 2018, respectively. Reserves for unpaid claims and claims adjustment expense also include policyholder dividends.

(2)

The Company does not use discounting techniques.

(3)

Information for all periods excludes results and balances related to the discontinued Chaucer business. See Note 2 – “Discontinued Operations” in the Notes to Consolidated Financial Statements for further information on that business.