THG FY2025 SEC EDGAR DEF 14A #23 of 56 in industry

Hanover Insurance Group, Inc. CEO pay ratio

The CEO earned $124K in FY2025 against median worker pay of $89,923 · Insurance Carriers.

Insurance Carriers peers All rankings
State
DE
Filing date
2026-03-26
Industry
Insurance Carriers
Industry rank
#23/56

Data updated August 2026

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CEO-to-worker pay ratio
85:1
Moderate (Scale: 0–1000:1)
CEO pay
$124K
Median worker
$89,923

Answer first

Hanover Insurance Group, Inc.'s FY2025 CEO total of $124K ranks #1379 of 1,423 complete filings; its 85:1 pay ratio ranks #732. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $89,923. Industry placement uses the FY2025 SIC-63 peer cohort (# 23 of 56, 61st percentile - above the industry median pay ratio). Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Insurance Carriers companies.

Dollar rank
#1379
$124K of 1,423 FY2025
Ratio rank
#732
85:1 of 1,423
Industry pct
61st
above the industry median pay ratio

How Hanover Insurance Group, Inc. ranks nationally

Hanover Insurance Group, Inc. CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$124,142 3rd percentile higher than 3% of 1,423 companies

$0–$2,500,000: 304 companies (21%). This entry sits in this band. $2,500,000–$5,000,000: 182 companies (13%). Above this entry. $5,000,000–$7,500,000: 208 companies (15%). Above this entry. $7,500,000–$10,000,000: 192 companies (13%). Above this entry. $10,000,000–$12,500,000: 139 companies (10%). Above this entry. $12,500,000–$15,000,000: 91 companies (6%). Above this entry. $15,000,000–$17,500,000: 88 companies (6%). Above this entry. $17,500,000–$20,000,000: 54 companies (4%). Above this entry. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

Hanover Insurance Group, Inc. vs. Insurance Carriers peers

CEO total pay ($124K) against pay ratio (85:1) for Hanover Insurance Group, Inc. (marked) and its 5 closest same-industry peers, against the Insurance Carriers industry median on both axes.

Pay + gap both highContained pay, wide gapHigh pay, contained gapBelow peer norms on both03427545.86855091.710282637.513710183.367.7:174.8:182:189.2:196.3:1CEO total payPay ratio (CEO : median worker)Hanover Insurance Group, Inc., CEO total pay: 124142 · Pay ratio (CEO : median worker): 85:1Hanover Insurance Group, Inc.Radian Group Inc, CEO total pay: 11339796 · Pay ratio (CEO : median worker): 78:1Radian Group IncReinsurance Group Of America Inc, CEO total pay: 13063229 · Pay ratio (CEO : median worker): 78:1Reinsurance Group Of America IncF&G Annuities & Life, Inc., CEO total pay: 10875126 · Pay ratio (CEO : median worker): 77:1F&G Annuities & Life, Inc.Loews Corp, CEO total pay: 8753165 · Pay ratio (CEO : median worker): 93:1Loews CorpPrimerica, Inc., CEO total pay: 5632550 · Pay ratio (CEO : median worker): 95:1Primerica, Inc.
Hanover Insurance Group, Inc. vs. Insurance Carriers peers, plotted against the industry's $8.3M median CEO total and 69:1 median pay ratio.

Ratio bands among Insurance Carriers peers

Exclusive CEO-to-median-worker bands across 51 complete latest-FY filings in SIC 63. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Hanover Insurance Group, Inc.'s structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Hanover Insurance Group, Inc.

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
85:1
FY2025
vs prior FY
+9:1
from FY2024 76:1
CEO $ YoY
-1.9%
$124K latest
Filings shown
5
FY2021–2025
Hanover Insurance Group, Inc. CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2021 $112K - $75,000 60:1 -
2022 $113K +0.9% $78,846 60:1 0:1
2023 $116K +2.6% $80,308 67:1 +7:1
2024 $127K +8.9% $87,308 76:1 +9:1
2025 $124K -1.9% $89,923 85:1 +9:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 944695, FY2021–2025. Adjacent-year deltas only.

Industry Comparison - Insurance Carriers

This Company's Ratio
85:1
Industry Median Ratio
69:1
Industry Median CEO Pay
$8.3M
This CEO's Pay
$124K
Companies in Industry
56
vs. Industry Median
Above
#23 of 56 by pay ratio in this industry View all companies in Insurance Carriers →

Hanover Insurance Group, Inc.: MID · MICRO pay ratio

Hanover Insurance Group, Inc.'s FY2025 CEO total $124K ranks #1379 of 1,423 complete filings (lower third by dollars). the CEO earned 85× the median employee ($89,923) in FY2025.

Median employee $89,923 (HIGH-MED); MID · MICRO stamps put about 85 median-wage years per CEO year.

CEO Total Pay

$124K

FY2025 Summary Compensation, below median

Pay Ratio

85:1

Near industry median

Hanover Insurance Group, Inc. in the lower-dollar third

Hanover Insurance Group, Inc.'s FY2025 CEO total $124K ranks #1379 of 1,423 complete filings (lower third by dollars). The structured pay-ratio disclosure reports the total without line-item components. Insurance Carriers (SIC 63) median ratio is 69:1 across 56 FY2025 filers; Hanover Insurance Group, Inc.'s $124K CEO total is at or below the $8.3M industry median CEO pay.

Dollar rank #1379 and ratio rank #732 split - treat 85:1 as a disclosure, not a fairness score. Open Insurance Carriers peers.

Key Data, FY2025

Total Compensation
$124K
Median Employee Pay
$89,923
Pay Ratio
85:1
Filing Date
2026-03-26

Company Info

Ticker
THG
CIK
944695
Industry
Insurance Carriers
SIC Code
6331
State
DE
View SEC filings →
SEC EDGAR DEF 14A for CIK 944695, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. Hanover Insurance Group, Inc.'s FY2025 CEO total $124K ranks #1379 of 1,423 complete filings (lower third by dollars).

Read with Hanover Insurance Group, Inc.

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps MID · MICRO · HIGH-MED.

Intuitive Surgical Inc · MICRO

ABS(ceo_total_comp) peer at $124K (Δ $11 lighter vs Hanover Insurance Group, Inc.); MID · ELITE-MED vs this page's MID · MICRO · HIGH-MED.
Mastercard Inc · MICRO

ABS(ceo_total_comp) peer at $125K (Δ $508 heavier vs Hanover Insurance Group, Inc.); STEEP · ELITE-MED vs this page's MID · MICRO · HIGH-MED.
Moodys Corp /de/ · MICRO

ABS(ceo_total_comp) peer at $124K (Δ $581 lighter vs Hanover Insurance Group, Inc.); MID · ELITE-MED vs this page's MID · MICRO · HIGH-MED.
Ventas, Inc. · MICRO

ABS(ceo_total_comp) peer at $123K (Δ $722 lighter vs Hanover Insurance Group, Inc.); MID · ELITE-MED vs this page's MID · MICRO · HIGH-MED.
Radian Group Inc (SIC 63 pole)

Radian Group Inc stamps MID · HEAVY nearest in-SIC by ABS(pay_ratio) to Hanover Insurance Group, Inc.'s MID filing.
National dual ranks · #1379/#732

Hanover Insurance Group, Inc.'s FY2025 package sits #1379 by CEO dollars and #732 by ratio under MICRO · MID.
Pay-equity trends · MID

Hanover Insurance Group, Inc.'s MID · HIGH-MED stamps sit mid-band - pay-equity trends place the ratio against workforce pay.
Data sourced from SEC EDGAR DEF 14A for Hanover Insurance Group, Inc. (CIK 944695), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.