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Opinions Gordon Reid
The Hanover Insurance GroupTHGTOP PICKJan 06, 2022
Gordon ReidStock price when the opinion was issued
As of Jun 12, 2026. Market Open.
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Gordon Reid(A Top Pick July 17/13. Up 22.48%.) Their bond portfolio is basically not giving them anything. With higher interest rates, that is going to be an additive to the company. Through the winter, with the storms and everything, their combined ratio climbed a little bit. They were covering their underwriting premiums, and that has not reversed. Thinks this should continue to move higher.
Gordon ReidThis has done quite well. They are in a good position. There is some pricing power in the insurance business. They are also a property/casualty insurer. Trading well below Book. There is some upside on a valuation basis. Well managed.
Gordon ReidProperty and casualty insurance company. They have pricing power. Have toughened up their underwriting standards. Trading at about 65% of BV which tells him there is some upside. One of the things that has held them down is the interest-rate environment.
Gordon Reid
