WORCESTER, Mass. (AP) _ The Hanover Insurance Group Inc. (THG) on Tuesday reported fourth-quarter profit of $109.8 million.
On a per-share basis, the Worcester, Massachusetts-based company said it had net income of $2.76. Earnings, adjusted for non-recurring gains, were $2.01 per share.
The insurance company posted revenue of $1.26 billion in the period. Its adjusted revenue was $1.22 billion.
For the year, the company reported profit of $425.1 million, or $10.46 per share. Revenue was reported as $4.78 billion.
Hanover Insurance shares have risen roughly 3% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $140.41, a climb of 23% in the last 12 months.