Moody's said April 1 that it has affirmed the Baa3 senior debtratings of Hanover Insurance GroupInc. and the A3 insurance financial strength rating of
The outlook for the ratings is stable.
Moody's said the affirmation reflects the company's good marketposition in U.S. small-to-midsize commercial lines accounts and low-to-moderatehazard specialty business. Hanover Insurance Group also has a solid personal linesoffering, and a significant presence in the Lloyd's market. Moody's further notedthat Hanover Insurance Group has improved its profitability in recent years whilesimultaneously increasing its product and geographic diversification in terms ofboth premiums and earnings.