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Hanover Insurance Group Inc V.THG


Primary Symbol: THG

The Hanover Insurance Group, Inc. is the holding company, which is engaged in the business of property and casualty insurance products and services. The Company operates through three segments: Core Commercial, Specialty, Personal Lines and Other. Core Commercial product suite provides agents and customers with products designed for small and mid-sized businesses. Core Commercial segment coverages include commercial multiple peril, workers’ compensation, and other core commercial. Specialty segment offers a comprehensive suite of products focused predominately on small to mid-sized businesses. This includes various specialized products that are organized into four distinct divisions: Professional and Executive Lines, Specialty Property & Casualty, Marine, and Surety and Other. Personal Lines segment coverages include Personal automobile, and Homeowners and other personal lines. The Other segment primarily includes Opus, which provides investment advisory services to affiliates.


NYSE:THG - Post by User

Post by Ringer69on Aug 17, 2012 8:25am
422 Views
Post# 20228233

Skin In The Game

Skin In The GameAt least Victor continues to put his own skin in the game,The Corporation successfully raised $510,300 by issuing 8,505,000 units at a price of
.06 per unit. Each unit is comprised of one (1) common share of the Corporation and one half of one common share purchase warrant, each whole warrant entitling the holder to purchase one (1) additional common share of the Corporation at a price of
.10 for a period of two (2) years following closing. One insider, the president and CEO Victor Goncalves, participated for 700,000 units.>
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