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The Hanover personal lines CoR increases 10 points in Q1 to 97.1% YoY

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The Hanover Group (THG) posted worsening results in its personal lines segment, with the unit’s combined ratio moving up 10 points to 97.1%, driven by increased property severity and lower frequency benefit in auto due to the “unusually suppressed level of claims” in Q1 2021.

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