• Hanover Insurance average return on equity for 2023 was -1.53, a 114.85% decline from 2022.
• Hanover Insurance average return on equity for 2022 was 10.3, a 30.17% decline from 2021.
• Hanover Insurance average return on equity for 2021 was 14.75, a 42.65% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.