STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY ASSETS Current Statement Date 4 1 2 3 December 31 Net Admitted Assets Prior Year Net Assets Nonadmitted Assets (Cols. 1 - 2) Admitted Assets 1. Bonds 5,090,890,223 0 5,090,890,223 5,036,994,855 2. Stocks: 2.1 Preferred stocks 8,918,188 0 8,918,188 5,049,999 2.2 Common stocks 1,766,932,550 830,594 1,766,101,956 1,649,356,734 3. Mortgage loans on real estate: 3.1 First liens 132,029,915 0 132,029,915 116,077,893 3.2 Other than first liens 0 0 0 0 4. Real estate: 4.1 Properties occupied by the company (less $ 0 encumbrances) 43,907,092 0 43,907,092 44,788,154 4.2 Properties held for the production of income (less $ 0 encumbrances) 0 0 0 0 4.3 Properties held for sale (less $ 0 encumbrances) 0 0 0 0 5. Cash ($ (36,889,978) ), cash equivalents ($ 410,721 ) and short-term investments ($ 1,031,255 ) (35,448,002) 0 (35,448,002) (57,030,013) 6. Contract loans (including $ 0 premium notes) 0 0 0 0 7. Derivatives 0 0 0 0 8. Other invested assets 569,039,570 0 569,039,570 597,101,836 9. Receivables for securities 652,886 0 652,886 3,579,716 10. Securities lending reinvested collateral assets 0 0 0 0 11. Aggregate write-ins for invested assets 0 0 0 0 12. Subtotals, cash and invested assets (Lines 1 to 11) 7,576,922,422 830,594 7,576,091,828 7,395,919,173 13. Title plants less $ 0 charged off (for Title insurers only) 0 0 0 0 14. Investment income due and accrued 36,776,405 220,651 36,555,754 38,075,674 15. Premiums and considerations: 15.1 Uncollected premiums and agents' balances in the course of collection 154,466,905 24,067,619 130,399,286 136,002,462 15.2 Deferred premiums, agents' balances and installments booked but deferred and not yet due (including $ 0 earned but unbilled premiums) 1,046,064,773 0 1,046,064,773 1,008,440,761 15.3 Accrued retrospective premiums ($ 0 ) and contracts subject to redetermination ($ 0 ) 0 0 0 0 16. Reinsurance: 16.1 Amounts recoverable from reinsurers 39,971,398 0 39,971,398 52,078,312 16.2 Funds held by or deposited with reinsured companies 4,909,531 0 4,909,531 4,813,336 16.3 Other amounts receivable under reinsurance contracts 0 0 0 0 17. Amounts receivable relating to uninsured plans 0 0 0 0 18.1 Current federal and foreign income tax recoverable and interest thereon 0 0 0 0 18.2 Net deferred tax asset 127,033,344 0 127,033,344 135,558,921 19. Guaranty funds receivable or on deposit 491,990 0 491,990 602,531 20. Electronic data processing equipment and software 82,148,490 75,644,250 6,504,240 7,242,640 21. Furniture and equipment, including health care delivery assets ($ 0 ) 6,859,344 6,859,344 0 0 22. Net adjustment in assets and liabilities due to foreign exchange rates 0 0 0 0 23. Receivables from parent, subsidiaries and affiliates 131,564,354 0 131,564,354 126,639,012 24. Health care ($ 0 ) and other amounts receivable 0 0 0 0 25. Aggregate write-ins for other than invested assets 137,086,433 63,255,602 73,830,831 68,120,343 26. Total assets excluding Separate Accounts, Segregated Accounts and Protected Cell Accounts (Lines 12 to 25) 9,344,295,389 170,878,060 9,173,417,329 8,973,493,165 27. From Separate Accounts, Segregated Accounts and Protected Cell Accounts 0 0 0 0 28. Total (Lines 26 and 27) 9,344,295,389 170,878,060 9,173,417,329 8,973,493,165 DETAILS OF WRITE-INS 1101. 1102. 1103. 1198. Summary of remaining write-ins for Line 11 from overflow page 0 0 0 0 1199. Totals (Lines 1101 through 1103 plus 1198)(Line 11 above) 0 0 0 0 2501. Equity in Pools & Associations 38,600,505 0 38,600,505 35,344,847 2502. State Tax Credits 6,443,166 0 6,443,166 9,636,335 2503. Miscellaneous Assets 28,787,160 0 28,787,160 23,139,161 2598. Summary of remaining write-ins for Line 25 from overflow page 63,255,602 63,255,602 0 0 2599. Totals (Lines 2501 through 2503 plus 2598)(Line 25 above) 137,086,433 63,255,602 73,830,831 68,120,343
2 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY LIABILITIES, SURPLUS AND OTHER FUNDS 1 2 Current December 31, Statement Date Prior Year 1. Losses (current accident year $ 663,109,000 ) 3,410,805,332 3,228,896,610 2. Reinsurance payable on paid losses and loss adjustment expenses 993,602 1,366,906 3. Loss adjustment expenses 791,047,096 762,611,835 4. Commissions payable, contingent commissions and other similar charges 92,034,532 118,910,157 5. Other expenses (excluding taxes, licenses and fees) 157,070,203 196,856,828 6. Taxes, licenses and fees (excluding federal and foreign income taxes) 10,566,062 24,997,635 7.1 Current federal and foreign income taxes (including $ 0 on realized capital gains (losses)) 22,674,750 10,515,546 7.2 Net deferred tax liability 0 0 8. Borrowed money $ 28,400,000 and interest thereon $ 1,338 28,401,338 0 9. Unearned premiums (after deducting unearned premiums for ceded reinsurance of $ 121,072,102 and including warranty reserves of $ 0 and accrued accident and health experience rating refunds including $ 0 for medical loss ratio rebate per the Public Health Service Act) 1,954,663,477 1,893,941,039 10. Advance premium 21,665,266 19,768,242 11. Dividends declared and unpaid: 11.1 Stockholders 0 0 11.2 Policyholders 3,535,000 3,535,000 12. Ceded reinsurance premiums payable (net of ceding commissions) 55,239,059 42,369,986 13. Funds held by company under reinsurance treaties 1,756,903 2,233,892 14. Amounts withheld or retained by company for account of others 3,157,824 2,890,777 15. Remittances and items not allocated 25,875,586 22,620,418 16. Provision for reinsurance (including $ 0 certified) 469,000 469,000 17. Net adjustments in assets and liabilities due to foreign exchange rates 0 0 18. Drafts outstanding 0 0 19. Payable to parent, subsidiaries and affiliates 282,581 21,611,435 20. Derivatives 0 0 21. Payable for securities 22,121,631 180,000 22. Payable for securities lending 0 0 23. Liability for amounts held under uninsured plans 0 0 24. Capital notes $ 0 and interest thereon $ 0 0 0 25. Aggregate write-ins for liabilities 29,633,805 36,842,172 26. Total liabilities excluding protected cell liabilities (Lines 1 through 25) 6,631,993,047 6,390,617,478 27. Protected cell liabilities 0 0 28. Total liabilities (Lines 26 and 27) 6,631,993,047 6,390,617,478 29. Aggregate write-ins for special surplus funds 0 0 30. Common capital stock 5,000,000 5,000,000 31. Preferred capital stock 0 0 32. Aggregate write-ins for other than special surplus funds 0 0 33. Surplus notes 0 0 34. Gross paid in and contributed surplus 146,230,870 146,230,870 35. Unassigned funds (surplus) 2,390,193,412 2,431,644,817 36. Less treasury stock, at cost: 36.1 0 shares common (value included in Line 30 $ 0 ) 0 0 36.2 0 shares preferred (value included in Line 31 $ 0 ) 0 0 37. Surplus as regards policyholders (Lines 29 to 35, less 36) 2,541,424,282 2,582,875,687 38. Totals (Page 2, Line 28, Col. 3) 9,173,417,329 8,973,493,165 DETAILS OF WRITE-INS 2501. Collateral Held 18,471,045 24,604,845 2502. Miscellaneous Liabilities 11,162,760 12,237,327 2503. 2598. Summary of remaining write-ins for Line 25 from overflow page 0 0 2599. Totals (Lines 2501 through 2503 plus 2598)(Line 25 above) 29,633,805 36,842,172 2901. 2902. 2903. 2998. Summary of remaining write-ins for Line 29 from overflow page 0 0 2999. Totals (Lines 2901 through 2903 plus 2998)(Line 29 above) 0 0 3201. 3202. 3203. 3298. Summary of remaining write-ins for Line 32 from overflow page 0 0 3299. Totals (Lines 3201 through 3203 plus 3298)(Line 32 above) 0 0
3 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY STATEMENT OF INCOME 1 2 3 Current Prior Year Prior Year Ended Year to Date to Date December 31 UNDERWRITING INCOME 1. Premiums earned: 1.1 Direct (written $ 788,178,746 ) 749,882,127 698,108,684 1,421,032,707 1.2 Assumed (written $ 1,416,325,035 ) 1,394,803,771 1,349,260,358 2,702,500,111 1.3 Ceded (written $ 251,095,900 ) 252,000,458 230,915,513 464,131,837 1.4 Net (written $ 1,953,407,881 ) 1,892,685,440 1,816,453,529 3,659,400,981 DEDUCTIONS: 2. Losses incurred (current accident year $ 964,212,000 ): 2.1 Direct 327,613,421 289,371,441 616,132,530 2.2 Assumed 798,105,705 738,731,974 1,458,093,465 2.3 Ceded 135,209,814 94,283,557 238,360,817 2.4 Net 990,509,312 933,819,858 1,835,865,178 3. Loss adjustment expenses incurred 236,221,547 229,196,267 460,004,218 4. Other underwriting expenses incurred 640,377,632 600,803,444 1,234,178,495 5. Aggregate write-ins for underwriting deductions 0 0 0 6. Total underwriting deductions (Lines 2 through 5) 1,867,108,491 1,763,819,569 3,530,047,891 7. Net income of protected cells 0 0 0 8. Net underwriting gain or (loss) (Line 1 minus Line 6 + Line 7) 25,576,949 52,633,960 129,353,090 INVESTMENT INCOME 9. Net investment income earned 113,591,399 105,033,173 298,556,810 10. Net realized capital gains (losses) less capital gains tax of $ (346,392) 9,007,022 (21,906,264) (19,431,413) 11. Net investment gain (loss) (Lines 9 + 10) 122,598,421 83,126,909 279,125,397 OTHER INCOME 12. Net gain or (loss) from agents’ or premium balances charged off (amount recovered $ 2,825,690 amount charged off $ 9,558,578 ) (6,732,888) (4,160,852) (8,966,197) 13. Finance and service charges not included in premiums 5,006,949 4,743,955 10,505,885 14. Aggregate write-ins for miscellaneous income 6,000,989 4,951,935 10,023,129 15. Total other income (Lines 12 through 14) 4,275,050 5,535,038 11,562,817 16. Net income before dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes (Lines 8 + 11 + 15) 152,450,420 141,295,907 420,041,304 17. Dividends to policyholders 1,095,629 2,030,753 2,926,352 18. Net income, after dividends to policyholders, after capital gains tax and before all other federal and foreign income taxes (Line 16 minus Line 17) 151,354,791 139,265,154 417,114,952 19. Federal and foreign income taxes incurred 32,535,635 32,734,476 83,831,252 20. Net income (Line 18 minus Line 19)(to Line 22) 118,819,156 106,530,678 333,283,700 CAPITAL AND SURPLUS ACCOUNT 21. Surplus as regards policyholders, December 31 prior year 2,582,875,687 2,464,618,522 2,464,618,522 22. Net income (from Line 20) 118,819,156 106,530,678 333,283,700 23. Net transfers (to) from Protected Cell accounts 0 0 0 24. Change in net unrealized capital gains (losses) less capital gains tax of $ 10,858,493 102,448,483 (5,494,425) 33,392,885 25. Change in net unrealized foreign exchange capital gain (loss) 0 0 0 26. Change in net deferred income tax 2,632,227 6,318,360 23,364,405 27. Change in nonadmitted assets (11,477,249) (21,195,545) (32,992,127) 28. Change in provision for reinsurance 0 0 (322,000) 29. Change in surplus notes 0 0 0 30. Surplus (contributed to) withdrawn from protected cells 0 0 0 31. Cumulative effect of changes in accounting principles 0 0 0 32. Capital changes: 32.1 Paid in 0 0 0 32.2 Transferred from surplus (Stock Dividend) 0 0 0 32.3 Transferred to surplus 0 0 0 33. Surplus adjustments: 33.1 Paid in 0 0 0 33.2 Transferred to capital (Stock Dividend) 0 0 0 33.3 Transferred from capital 0 0 0 34. Net remittances from or (to) Home Office 0 0 0 35. Dividends to stockholders (255,000,000) (245,000,000) (245,000,000) 36. Change in treasury stock 0 0 0 37. Aggregate write-ins for gains and losses in surplus 1,125,978 1,975,685 6,530,302 38. Change in surplus as regards policyholders (Lines 22 through 37) (41,451,405) (156,865,247) 118,257,165 39. Surplus as regards policyholders, as of statement date (Lines 21 plus 38) 2,541,424,282 2,307,753,275 2,582,875,687 DETAILS OF WRITE-INS 0501. 0502. 0503. 0598. Summary of remaining write-ins for Line 5 from overflow page 0 0 0 0599. Totals (Lines 0501 through 0503 plus 0598)(Line 5 above) 0 0 0 1401. Miscellaneous Income 1,370,052 1,171,980 2,400,723 1402. Interest on Intercompany Notes Receivable 3,471,953 3,538,721 7,033,422 1403. Gains on State Tax Credits 1,158,984 241,234 588,984 1498. Summary of remaining write-ins for Line 14 from overflow page 0 0 0 1499. Totals (Lines 1401 through 1403 plus 1498)(Line 14 above) 6,000,989 4,951,935 10,023,129 3701. Pensions, net of tax 1,125,978 1,975,685 6,530,302 3702. 3703. 3798. Summary of remaining write-ins for Line 37 from overflow page 0 0 0 3799. Totals (Lines 3701 through 3703 plus 3798)(Line 37 above) 1,125,978 1,975,685 6,530,302
4 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY CASH FLOW 1 2 3 Current Year Prior Year Prior Year Ended To Date To Date December 31
Cash from Operations
1. Premiums collected net of reinsurance 1,936,277,379 1,770,293,023 3,638,901,518
2. Net investment income 118,536,859 111,024,024 265,028,888
3. Miscellaneous income 1,152,853 7,538,292 13,680,067
4. Total (Lines 1 to 3) 2,055,967,091 1,888,855,339 3,917,610,473
5. Benefit and loss related payments 796,648,591 772,543,038 1,596,742,007
6. Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts 0 0 0
7. Commissions, expenses paid and aggregate write-ins for deductions 929,257,742 907,665,270 1,649,968,217
8. Dividends paid to policyholders 1,095,629 2,030,753 3,444,352 9. Federal and foreign income taxes paid (recovered) net of $ (346,392) tax on capital
gains (losses) 20,030,039 10,384 75,967,142
10. Total (Lines 5 through 9) 1,747,032,001 1,682,249,445 3,326,121,718
11. Net cash from operations (Line 4 minus Line 10) 308,935,090 206,605,894 591,488,754
Cash from Investments
12. Proceeds from investments sold, matured or repaid:
12.1 Bonds 604,412,674 444,971,612 899,126,042
12.2 Stocks 25,685,157 101,718,311 78,772,875
12.3 Mortgage loans 82,556 47,115 88,480
12.4 Real estate 0 0 0
12.5 Other invested assets 69,213,502 7,461,353 20,261,771
12.6 Net gains or (losses) on cash, cash equivalents and short-term investments 0 (12,507) (23,814)
12.7 Miscellaneous proceeds 24,873,463 37,627,689 0
12.8 Total investment proceeds (Lines 12.1 to 12.7) 724,267,351 591,813,574 998,225,354
13. Cost of investments acquired (long-term only):
13.1 Bonds 822,605,070 641,023,843 1,450,246,091
13.2 Stocks 29,742,763 70,438,589 69,187,573
13.3 Mortgage loans 16,027,994 23,465,011 33,727,788
13.4 Real estate 1,345,865 888,331 7,137,258
13.5 Other invested assets 38,648,265 23,435,888 49,800,589
13.6 Miscellaneous applications 0 0 1,112,723
13.7 Total investments acquired (Lines 13.1 to 13.6) 908,369,957 759,251,662 1,611,212,022
14. Net increase (or decrease) in contract loans and premium notes 0 0 0
15. Net cash from investments (Line 12.8 minus Line 13.7 and Line 14) (184,102,606) (167,438,088) (612,986,668)
Cash from Financing and Miscellaneous Sources
16. Cash provided (applied):
16.1 Surplus notes, capital notes 0 0 0
16.2 Capital and paid in surplus, less treasury stock 0 0 0
16.3 Borrowed funds 28,401,338 0 0
16.4 Net deposits on deposit-type contracts and other insurance liabilities 0 0 0
16.5 Dividends to stockholders 88,993,700 76,407,131 76,407,131
16.6 Other cash provided (applied) (42,658,112) (25,294,465) (23,178,151)
17. Net cash from financing and miscellaneous sources (Line 16.1 through Line 16.4 minus Line 16.5 plus Line 16.6) (103,250,474) (101,701,596) (99,585,282)
RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS
18. Net change in cash, cash equivalents and short-term investments (Line 11, plus Lines 15 and 17) 21,582,011 (62,533,790) (121,083,196)
19. Cash, cash equivalents and short-term investments:
19.1 Beginning of year (57,030,013) 64,053,183 64,053,183
19.2 End of period (Line 18 plus Line 19.1) (35,448,002) 1,519,393 (57,030,013)
Note: Supplemental disclosures of cash flow information for non-cash transactions: 20.0001. Bonds sold to subsidiaries in settlement of capital contributions 0 0 (17,681,920) 20.0002. Bonds acquired in settlement of stockholder dividends receivable 0 0 59,887,114 20.0003. Accrued interest income on bonds acquired (sold) for intercompany transactions (1,083,208) (1,087,280) (660,589) 20.0004. Bonds sold to parent in settlement of stockholder dividend payable (164,923,092) (167,505,589) (167,505,589)
5 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
NOTE 1 Summary of Significant Accounting Policies and Going Concern
A. Accounting Practices
The financial statements of The Hanover Insurance Company (“the Company”) are presented on the basis of accounting practices prescribed or permitted by the State of New Hampshire Insurance Department.
The State of New Hampshire Insurance Department recognizes only statutory accounting practices prescribed or permitted by the State of New Hampshire for determining and reporting the financial condition and results of operations of an insurance company, for determining its solvency under the New Hampshire Insurance Law. The National Association of Insurance Commissioners (“NAIC”) “Accounting Practices and Procedures Manual” (“NAIC SAP”) has been adopted as a component of prescribed or permitted practices by the State of New Hampshire. The State has not adopted any prescribed accounting practices that differ from those found in NAIC SAP.
A reconciliation of the Company’s net income and capital and surplus between NAIC SAP and practices prescribed and permitted by the State of New Hampshire is shown below:
F/S F/S SSAP # Page Line # 2021 2020 NET INCOME
(1) State basis (Page 4, Line 20, Columns 1 & 3) XXX XXX XXX $ 118,819,156 $ 333,283,700
(2) State Prescribed Practices that are an increase/ (decrease) from NAIC SAP: $ - $ -
(3) State Permitted Practices that are an increase/(decrease) from NAIC SAP: $ - $ -
(4) NAIC SAP (1-2-3=4) XXX XXX XXX $ 118,819,156 $ 333,283,700
SURPLUS
(5) State basis (Page 3, Line 37, Columns 1 & 2) XXX XXX XXX $ 2,541,424,282 $ 2,582,875,687
(6) State Prescribed Practices that are an increase/(decrease) from NAIC SAP: $ - $ -
(7) State Permitted Practices that are an increase/(decrease) from NAIC SAP: $ - $ -
(8) NAIC SAP (5-6-7=8) XXX XXX XXX $ 2,541,424,282 $ 2,582,875,687
B. Use of Estimates in the Preparation of the Financial Statements
The preparation of financial statements in conformity with Statutory Accounting Principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities. It also requires disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the period. Actual results could differ from those estimates.
C. Accounting Policy
(1) Short-term investments are stated at amortized cost.
(2) Bonds not backed by loans are stated at either amortized cost or fair value, using the scientific interest method, in accordance with the NAIC Purposes and Procedures of the Securities Valuation Office ("SVO").
(3,4) Preferred stocks that are subject to a 100% mandatory sinking fund are carried at amortized cost. All other preferred stocks and common stocks are carried at fair value, except investments in stocks of unconsolidated subsidiaries and affiliates in which the Company has an interest of 10% or more are carried using the equity method.
(5) Mortgage loans on real estate are stated at unpaid principal balances net of unamortized discounts, premiums, and other adjustments. Mortgage loans are reduced for losses expected by management to be realized on transfers of mortgage loans to real estate (upon foreclosure), on the disposition or settlement of mortgage loans and on mortgage loans which the Company believes may not be collectible in full. In determining the amount of loss, management considers, among other things, the estimated fair value of the underlying collateral.
(6) Loan-backed securities are stated at either amortized cost or fair value, in accordance with the NAIC Purposes and Procedures of the SVO.
(7) The Company owns 100% of the common stock of Allmerica Financial Alliance Insurance Company (“AFAIC”), Allmerica Financial Benefit Insurance Company (“AFBIC”), The Hanover American Insurance Company (“American”), The Hanover Atlantic Insurance Company Ltd. (“Atlantic”), The Hanover Casualty Company (“Hanover Casualty”), Massachusetts Bay Insurance Company (“Mass Bay”), Citizens Insurance Company of America (“CICA”), Citizens Insurance Company of the Midwest (“CICM”), Citizens Insurance Company of Ohio (“CICO”), The Hanover New Jersey Insurance Company (“New Jersey”), Verlan Fire Insurance Company (“Verlan”), The Hanover National Insurance Company (“National”), Campmed Casualty and Indemnity Company, Inc. (“Campmed”), and Nova Casualty Company ("NOVA"), all of which are insurance subsidiaries. The Company owns 100% of the common stock of Professionals Direct Inc. (“PDI”), AIX, Inc. (“AIX”), and Allmerica Plus Insurance Agency (“APIA”), which are non-insurance subsidiaries. All subsidiaries are carried using the equity method.
(8) Other invested assets, including investments in trusts, are recorded using the equity method in accordance with the Statement of Statutory Accounting Principles ("SSAP") No. 48, "Joint Ventures, Partnerships and Limited Liability Companies". Investments in affiliated entities are recorded based on its underlying audited GAAP equity balances in accordance with the SSAP 97, "Investments in Subsidiary, Controlled, and Affiliated Entities, A Replacement of SSAP 88". Commercial mortgage loan participations are recorded at outstanding principal balance of the loan per SSAP 21, "Other Admitted Assets".
(9) The Company has not entered into derivative contracts.
(10) The Company does utilize anticipated investment income as a factor in the premium deficiency calculation.
(11) Unpaid losses and loss adjustment expenses include an amount determined from individual case estimates and loss reports and an amount, based on past experience, for losses incurred but not reported (“IBNR”). Such liabilities are necessarily based on assumptions and estimates and while management believes the amount is adequate, the ultimate liability may be in excess of or less than the amount provided. The methods for making such estimates and for establishing the resulting liabilities are continually reviewed and any adjustments are reflected in the period determined.
(12) The Company has not modified its capitalization policy from the prior year.
(13) The Company does not write major medical insurance with prescription drug coverage.
6 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
D. Going Concern
Not applicable
NOTE 2 Accounting Changes and Corrections of Errors
Not applicable
NOTE 3 Business Combinations and Goodwill
Not applicable
NOTE 4 Discontinued Operations
Not applicable
NOTE 5 Investments
A. Mortgage Loans, including Mezzanine Real Estate Loans
(1) The maximum and minimum lending rates for new commercial mortgage loans during 2021 was 2.9% and 1.9%, respectively.
(2) The maximum percentage of any one loan to the value of security at the time of the loan, exclusive of insured or guaranteed or purchase money mortgages was 71%.
(3) There were no taxes, assessments or any amounts advanced and not included in the mortgage loan total at the end of the reporting period.
(4-9) The Company did not have impaired loans as of the end of the reporting period.
B. Debt Restructuring
The Company did not have any restructured debt as of the end of the reporting period.
C. Reverse Mortgages
The Company did not have any reverse mortgages as of the end of the reporting period.
D. Loan-Backed Securities
(1) Prepayment assumptions for loan-backed and structured securities were obtained from prepayment models that are sensitive to refinancing, turnover, equity take-out and other relevant factors. These assumptions are consistent with the current interest rate and economic environment.
(2) Not applicable
(3) The Company had no securities with a recognized other-than-temporary impairment.
(4) All impaired securities (fair value is less than cost or amortized cost) for which an other-than-temporary impairment has not been recognized in earnings as a realized loss (including securities with a recognized other-than-temporary impairment for non-interest related declines when a non-recognized interest related impairment remains):
a) The aggregate amount of unrealized losses: 1. Less than 12 Months $ 4,401,900 2. 12 Months or Longer $ -
b)The aggregate related fair value of securities with unrealized losses: 1. Less than 12 Months $ 290,389,939 2. 12 Months or Longer $ -
(5) The Company employs a systematic methodology to determine if a decline in market value below book/adjusted carrying value is other-than-temporary. In determining whether a decline in fair value below book/adjusted carrying value is other-than-temporary, the Company evaluates several factors and circumstances, including the issuer’s overall financial condition; the issuer’s credit and financial strength ratings; the issuer’s financial performance, including earnings trends, dividend payments, and asset quality; any specific events which may influence the operations of the issuer including governmental actions; a weakening of the general market conditions in the industry or geographic region in which the issuer operates; the length of time and degree to which the fair value of an issuer’s securities remains below cost; the Company’s intent and ability to hold the security until such time to allow for the expected recovery in value; and with respect to fixed maturity investments, any factors that might raise doubt about the issuer’s ability to pay all amounts due according to the contractual terms. These factors are applied to all securities.
E. Dollar Repurchase Agreements and/or Securities Lending Transactions
(1-7) Not applicable
F., G., H., I., J.
Not applicable
K. Low Income Housing tax Credits (LIHTC)
(1) As of June 30, 2021, there are 12 remaining years of unexpired tax credits with no required holding period.
(2) The Company recognized LIHTC and other tax benefits of $490,393 during 2021. The Company did not hold LIHTC investments in the prior year.
(3) The balance of the investment recognized in the statement of financial position at June 30, 2021 was $14,603,962.
(4) At June 30, 2021, there are no LIHTC investments subject to any regulatory reviews.
(5) LIHTC investments did not exceed 10% of the Company's admitted assets.
6.1 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
(6) There were no recognized impairments on LIHTC investments during the reporting period.
(7) The Company had no write-downs or reclassifcations due to the forfeiture or ineligibility of tax credits during the reporting period.
L. Restricted Assets
1. Restricted Assets (Including Pledged)
Gross (Admitted & Nonadmitted) Restricted Current Year 6 7 1 2 3 4 5 G/A Protected Supporting Total Cell Account Protected Protected Assets Total General Cell Account Cell Account Supporting Total Increase/ Account Activity Restricted G/A Activity Total From Prior (Decrease) (5 Restricted Asset Category (G/A) (a) Assets (b) (1 plus 3) Year minus 6) a. Subject to contractual obligation for which liability is not shown $ - $ - $ - $ - $ - $ - $ - b. Collateral held under security lending agreements $ - $ - $ - $ - $ - $ - $ - c. Subject to repurchase agreements $ - $ - $ - $ - $ - $ - $ - d. Subject to reverse repurchase agreements $ - $ - $ - $ - $ - $ - $ - e. Subject to dollar repurchase agreements $ - $ - $ - $ - $ - $ - $ - f. Subject to dollar reverse repurchase agreements $ - $ - $ - $ - $ - $ - $ - g. Placed under option contracts $ - $ - $ - $ - $ - $ - $ - h. Letter stock or securities restricted as to sale - excluding FHLB capital stock $ - $ - $ - $ - $ - $ - $ - i. FHLB capital stock $ 2,298,000 $ - $ - $ - $ 2,298,000 $ 2,170,500 $ 127,500 j. On deposit with states $ 225,517,664 $ - $ - $ - $ 225,517,664 $ 224,351,771 $ 1,165,893 k. On deposit with other regulatory bodies $ 68,885 $ - $ - $ - $ 68,885 $ 68,822 $ 63 l. Pledged collateral to FHLB (including assets backing funding agreements) $ 98,742,658 $ - $ - $ - $ 98,742,658 $ 80,997,448 $ 17,745,210 m. Pledged as collateral not captured in other categories $ - $ - $ - $ - $ - $ - $ - n. Other restricted assets $ 3,881,688 $ - $ - $ - $ 3,881,688 $ 3,893,311 $ (11,623) o. Total Restricted Assets $ 330,508,895 $ - $ - $ - $ 330,508,895 $ 311,481,852 $ 19,027,043 (a) Subset of Column 1 (b) Subset of Column 3
Current Year 8 9 Percentage
10 11
Gross (Admitted & Non- Admitted admitted) Restricted Total Total Restricted to to Total Non- Admitted Total Admitted admitted Restricted Assets Assets Restricted Asset Category Restricted (5 minus 8) (c) (d) a. Subject to contractual obligation for which liability is not shown $ - $ - 0.000% 0.000% b. Collateral held under security lending agreements $ - $ - 0.000% 0.000% c. Subject to repurchase agreements $ - $ - 0.000% 0.000% d. Subject to reverse repurchase agreements $ - $ - 0.000% 0.000% e. Subject to dollar repurchase agreements $ - $ - 0.000% 0.000% f. Subject to dollar reverse repurchase agreements $ - $ - 0.000% 0.000% g. Placed under option contracts $ - $ - 0.000% 0.000% h. Letter stock or securities restricted as to sale - excluding FHLB capital stock $ - $ - 0.000% 0.000% i. FHLB capital stock $ - $ 2,298,000 0.025% 0.025% j. On deposit with states $ - $ 225,517,664 2.413% 2.458% k. On deposit with other regulatory bodies $ - $ 68,885 0.001% 0.001% l. Pledged collateral to FHLB (including assets backing funding agreements) $ - $ 98,742,658 1.057% 1.076% m. Pledged as collateral not captured in other categories $ - $ - 0.000% 0.000% n. Other restricted assets $ - $ 3,881,688 0.042% 0.042% o. Total Restricted Assets $ - $ 330,508,895 3.537% 3.603% (c) Column 5 divided by Asset Page, Column 1, Line 28 (d) Column 9 divided by Asset Page, Column 3, Line 28
2. Detail of Assets Pledged as Collateral Not Captured in Other Categories (Contracts That Share Similar Characteristics, Such as Reinsurance and Derivatives, Are Reported in the Aggregate)
Not applicable
6.2 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
3. Detail of Other Restricted Assets (Contracts That Share Similar Characteristics, Such as Reinsurance and Derivatives, Are Reported in the Aggregate)
Gross (Admitted & Nonadmitted) Restricted 8 Percentage Current Year 6 7 9 10 1 2 3 4 5
G/A Supporting Total Protected Protected Cell Gross Protected Cell Cell Account Account (Admitted & Admitted Account (S/A) Assets Increase/ Total Current Nonadmitted) Restricted to Total General Activity Restricted Supporting G/A Total Total From (Decrease) (5 Year Admitted Restricted to Total Admitted Description of Assets Account (G/A) (a) Assets Activity (b) (1 plus 3) Prior Year minus 6) Restricted Total Assets Assets Held in Trust for Group Accident & Health Business $ 3,881,688 $ - $ - $ - $ 3,881,688 $ 3,893,311 $ (11,623) $ 3,881,688 4.200% 4.200% Total (c) $ 3,881,688 $ - $ - $ - $ 3,881,688 $ 3,893,311 $ (11,623) $ 3,881,688 0.042% 0.042% (a) Subset of column 1 (b) Subset of column 3 (c) Total Line for Columns 1 through 7 should equal 5L(1)n Columns 1 through 7 respectively and Total Line for Columns 8 through 10 should equal 5L(1)n Columns 9 through 11 respectively.
4. Collateral Received and Reflected as Assets Within the Reporting Entity’s Financial Statements
Not Applicable
M., N., O.
Not applicable
P. Short Sales
Not applicable
Q. Prepayment Penalty and Acceleration Fees
General Account Protected Cell 1. Number of CUSIPs 35 - 2. Aggregate Amount of Investment Income $ 3,262,271 $ -
R. Reporting Entity’s Share of Cash Pool by Asset Type
Not applicable
NOTE 6 Joint Ventures, Partnerships and Limited Liability Companies
A. The Company has no investments in joint ventures, partnerships or limited liability companies that exceed 10% of total admitted assets as of the end of the reporting period.
B. The Company recognizes impairments when it is probable that the reporting entity will be unable to recover the carrying amount of the investment or there is evidence indicating inability of the investee to sustain earnings which would justify the carrying value of the investment. The Company did not recognize any impairments in joint ventures, partnerships or limited liability companies during the current reporting period.
NOTE 7 Investment Income
A. Due and accrued income was excluded from surplus on the following basis:
Investment income due and accrued with amounts that are over 90 days past due are nonadmitted.
B. The total amount excluded from surplus as of the end of the reporting period was $220,651.
NOTE 8 Derivative Instruments
Not applicable
6.3 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
NOTE 9 Income Taxes
A. The components of the net deferred tax asset/(liability) at the end of current period are as follows:
1. As of End of Current Period 12/31/2020 Change
(1) (2) (3) (4) (5) (6) (7) (8) (9) (Col. 1 + 2) (Col. 4 + 5) (Col. 1 - 4) (Col. 2 - 5) (Col. 7 + 8) Ordinary Capital Total Ordinary Capital Total Ordinary Capital Total
(a) Gross Deferred Tax Assets $ 203,115,663 $ - $ 203,115,663 $ 201,270,373 $ - $ 201,270,373 $ 1,845,290 $ - $ 1,845,290 (b) Statutory Valuation Allowance Adjustment $ - $ - $ - $ - $ - $ - $ - $ - $ - (c) Adjusted Gross Deferred Tax Assets (1a - 1b) $ 203,115,663 $ - $ 203,115,663 $ 201,270,373 $ - $ 201,270,373 $ 1,845,290 $ - $ 1,845,290 (d) Deferred Tax Assets Nonadmitted $ - $ - $ - $ - $ - $ - $ - $ - $ - (e) Subtotal Net Admitted Deferred Tax Asset (1c - 1d) $ 203,115,663 $ - $ 203,115,663 $ 201,270,373 $ - $ 201,270,373 $ 1,845,290 $ - $ 1,845,290 (f) Deferred Tax Liabilities $ 30,688,980 $ 45,393,339 $ 76,082,319 $ 31,565,218 $ 34,146,235 $ 65,711,453 $ (876,238) $ 11,247,104 $ 10,370,866 (g) Net Admitted Deferred Tax Asset/(Net Deferred Tax Liability) (1e - 1f) $ 172,426,683 $ (45,393,339) $ 127,033,344 $ 169,705,155 $ (34,146,235) $ 135,558,920 $ 2,721,528 $ (11,247,104) $ (8,525,576)
2. As of End of Current Period 12/31/2020 Change (1) (2) (3) (4) (5) (6) (7) (8) (9) (Col. 1 + 2) (Col. 4 + 5) (Col. 1 - 4) (Col. 2 - 5) (Col. 7 + 8) Ordinary Capital Total Ordinary Capital Total Ordinary Capital Total Admission Calculation Components SSAP No. 101 (a) Federal Income Taxes Paid In Prior Years Recoverable Through Loss Carrybacks $ 101,790,558 $ - $ 101,790,558 $ 133,403,653 $ - $ 133,403,653 $ (31,613,095) $ - $ (31,613,095)
(b) Adjusted Gross Deferred Tax Assets Expected To Be Realized (Excluding The Amount Of Deferred Tax Assets From 2(a) above) After Application of the Threshold Limitation. (The Lesser of 2(b)1 and 2(b)2 Below) $ 59,200,294 $ - $ 59,200,294 $ 25,266,239 $ - $ 25,266,239 $ 33,934,055 $ - $ 33,934,055 1. Adjusted Gross Deferred Tax Assets Expected to be Realized Following the Balance Sheet Date. $ 59,200,294 $ - $ 59,200,294 $ 25,266,239 $ - $ 25,266,239 $ 33,934,055 $ - $ 33,934,055 2. Adjusted Gross Deferred Tax Assets Allowed per Limitation Threshold. XXX XXX $ 362,158,641 XXX XXX $ 366,011,119 XXX XXX $ (3,852,478) (c) Adjusted Gross Deferred Tax Assets (Excluding The Amount Of Deferred Tax Assets From 2(a) and 2(b) above) Offset by Gross Deferred Tax Liabilities. $ 30,688,980 $ 11,435,831 $ 42,124,811 $ 31,565,218 $ 11,035,263 $ 42,600,481 $ (876,238) $ 400,568 $ (475,670) (d) Deferred Tax Assets Admitted as the result of application of SSAP No. 101. Total (2(a) + 2(b) + 2(c)) $ 191,679,832 $ 11,435,831 $ 203,115,663 $ 190,235,110 $ 11,035,263 $ 201,270,373 $ 1,444,722 $ 400,568 $ 1,845,290
3. 2021 2020
a. Ratio Percentage Used To Determine Recovery Period And Threshold Limitation Amount. 436% 442% b. Amount Of Adjusted Capital And Surplus Used To Determine Recovery Period And Threshold Limitation In 2(b)2 Above. $ 2,411,884,816 $ 2,444,686,750
4.
As of End of Current Period 12/31/2020 Change (1) (2) (3) (4) (5) (6) (Col. 1 - 3) (Col. 2 - 4) Ordinary Capital Ordinary Capital Ordinary Capital
Impact of Tax Planning Strategies: (a) Determination of adjusted gross deferred tax assets and net admitted deferred tax assets, by tax character as a percentage. 1. Adjusted Gross DTAs amount from Note 9A1(c) $ 203,115,663 $ - $ 201,270,373 $ - $ 1,845,290 $ - 2. Percentage of adjusted gross DTAs by tax character attributable to the impact of tax planning strategies 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 3. Net Admitted Adjusted Gross DTAs amount from Note 9A1(e) $ 203,115,663 $ - $ 201,270,373 $ - $ 1,845,290 $ - 4. Percentage of net admitted adjusted gross DTAs by tax character admitted because of the impact of tax planning strategies 0.000% 0.000% 0.000% 0.000% 0.000% 0.000%
b. Do the Company‘s tax-planning strategies include the use of reinsurance? Yes [ ] No [X]
B. The Company does not have any deferred tax liabilities that are not recognized for amounts described in Accounting Standards Codification 740, Income Tax.
6.4 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
C. Current income taxes incurred consist of the following major components:
(1) (2) (3) As of End of (Col. 1 - 2) 1. Current Income Tax Current Period 12/31/2020 Change (a) Federal $ 32,521,596 $ 83,810,410 $ (51,288,814) (b) Foreign $ 14,039 $ 20,842 $ (6,803) (c) Subtotal $ 32,535,635 $ 83,831,252 $ (51,295,617) (d) Federal income tax on net capital gains $ (346,392) $ 1,753,307 $ (2,099,699) (e) Utilization of capital loss carry-forwards $ - $ - $ - (f) Other $ - $ - $ - (g) Federal and foreign income taxes incurred $ 32,189,243 $ 85,584,559 $ (53,395,316)
2. Deferred Tax Assets: (a) Ordinary: (1) Discounting of unpaid losses $ 63,729,750 $ 60,779,040 $ 2,950,710 (2) Unearned premium reserve $ 83,005,807 $ 80,375,790 $ 2,630,017 (3) Policyholder reserves $ - $ - $ - (4) Investments $ 4,242,655 $ 7,278,475 $ (3,035,820) (5) Deferred acquisition costs $ - $ - $ - (6) Policyholder dividends accrual $ - $ - $ - (7) Fixed Assets $ 17,650,912 $ 17,176,085 $ 474,827 (8) Compensation and benefits accrual $ 12,090,523 $ 15,789,506 $ (3,698,983) (9) Pension accrual $ - $ - $ - (10) Receivables - nonadmitted $ 18,481,549 $ 15,918,253 $ 2,563,296 (11) Net operating loss carry-forward $ - $ - $ - (12) Tax credit carry-forward $ - $ - $ - (13) Other (including items <5% of total ordinary tax assets) $ 3,914,467 $ 3,953,224 $ (38,757) (99) Subtotal $ 203,115,663 $ 201,270,373 $ 1,845,290 (b) Statutory valuation allowance adjustment $ - $ - $ - (c) Nonadmitted $ - $ - $ - (d) Admitted ordinary deferred tax assets (2a99 - 2b - 2c) $ 203,115,663 $ 201,270,373 $ 1,845,290 (e) Capital: (1) Investments $ - $ - $ - (2) Net capital loss carry-forward $ - $ - $ - (3) Real estate $ - $ - $ - (4) Other (including items <5% of total ordinary tax assets) $ - $ - $ - (99) Subtotal $ - $ - $ - (f) Statutory valuation allowance adjustment $ - $ - $ - (g) Nonadmitted $ - $ - $ - (h) Admitted capital deferred tax assets (2e99 - 2f - 2g) $ - $ - $ - (i) Admitted deferred tax assets (2d + 2h) $ 203,115,663 $ 201,270,373 $ 1,845,290
3. Deferred Tax Liabilities: (a) Ordinary: (1) Investments $ - $ - $ - (2) Fixed Assets $ 15,429,576 $ 15,142,635 $ 286,941 (3) Deferred and uncollected premium $ - $ - $ - (4) Policyholder reserves $ 12,979,995 $ 14,422,170 $ (1,442,175) (5) Other (including items <5% of total ordinary tax liabilities) $ 2,279,409 $ 2,000,413 $ 278,996 (99) Subtotal $ 30,688,980 $ 31,565,218 $ (876,238) (b) Capital: (1) Investments $ 45,393,339 $ 34,146,235 $ 11,247,104 (2) Real estate $ - $ - $ - (3) Other (including items <5% of total capital tax liabilities) $ - $ - $ - (99) Subtotal $ 45,393,339 $ 34,146,235 $ 11,247,104 (c) Deferred tax liabilities (3a99 + 3b99) $ 76,082,319 $ 65,711,453 $ 10,370,866 4. Net deferred tax assets/liabilities (2i - 3c) $ 127,033,344 $ 135,558,920 $ (8,525,576)
The change in net deferred income taxes is comprised of the following, exclusive of non-admitted assets:
(1) (2) (3) As of End of (Col. 1 - 2) Current Period 12/31/2020 Change Adjusted gross deferred tax assets $ 203,115,663 $ 201,270,373 $ 1,845,291 Total deferred tax liabilities $ 76,082,319 $ 65,711,453 $ 10,370,866 Net deferred tax assets (liabilities) $ 127,033,344 $ 135,558,920 $ (8,525,576) Tax effect of the change in unrealized gains (losses) $ 10,858,493 Tax effect of the change in pension liability $ 299,310 Change in net deferred income tax $ 2,632,227
6.5 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
D. Reconciliation of Federal Income Tax Rate to Actual Effective Rate
The significant items causing a difference between the statutory federal income tax rate and the Company's effective income tax rate are as follows:
As of End of Current Period Tax Rate Tax provision at statutory rate $ 31,711,764 21.0% Dividend received deductions and tax exempt interest income $ (428,410) -0.3% Non-deductible expenses $ 1,079,995 0.7% Non-admitted assets $ (2,399,107) -1.6% Low Income Housing Credits $ (407,226) -0.3% Total $ 29,557,016 19.5%
As of End of Current Period Tax Rate Federal income taxes incurred $ 32,535,635 21.5% Realized capital gains tax $ (346,392) -0.2% Change in net deferred income taxes $ (2,632,227) -1.8% Total statutory income taxes $ 29,557,016 19.5%
E. Operating Loss and Tax Credit Carryforwards
1. At the end of the current reporting period, the Company has no net operating loss carryforwards and no capital loss carryforwards.
2. The Company has the following federal income taxes which are available for recoupment in the event of future losses:
For the tax year 2020: $ 74,529,420 For the tax year 2021: $ 27,261,138
3. At the end of the current reporting period, the Company has no deposits under section 6603 of the Internal Revenue Service Code.
F. Consolidated Federal Income Tax Return
1. The Company's Federal Income Tax Return is consolidated with the following affiliated companies:
440 Lincoln Street Holding Company LLC NOVA Casualty Company AIX, Inc. Opus Investment Management, Inc. AIX Insurance Services of California, Inc. Professionals Direct, Inc. AIX Specialty Insurance Company Professionals Direct Insurance Services, Inc. Allmerica Financial Alliance Insurance Company The Hanover American Insurance Company Allmerica Financial Benefit Insurance Company The Hanover Atlantic Insurance Company Ltd. Allmerica Plus Insurance Agency, Inc. The Hanover Casualty Company Campania Holding Company, Inc. The Hanover Insurance Company Campmed Casualty & Indemnity Company, Inc. The Hanover Insurance Group, Inc. Citizens Insurance Company of America The Hanover National Insurance Company Citizens Insurance Company of Illinois The Hanover New Jersey Insurance Company Citizens Insurance Company of the Midwest VeraVest Investments, Inc. Educators Insurance Agency, Inc. Verlan Fire Insurance Company Hanover Specialty Insurance Brokers, Inc. Verlan Holdings, Inc. Massachusetts Bay Insurance Company
2. The Board of Directors has delegated to Company Management, the development and maintenance of appropriate Federal Income Tax allocation policies and procedures, which are subject to written agreement between the companies. The Federal Income tax for all subsidiaries in the consolidated return of The Hanover Insurance Group, Inc. (“THG”) is calculated on a separate return basis. Any current tax liability is paid to THG. Tax benefits resulting from taxable operating losses or credits of THG’s subsidiaries are reimbursed to the subsidiary when such losses or credits can be utilized on a consolidated return basis.
G. The Company has no federal or foreign income tax loss contingencies, for which it is reasonably possible that the total liability will significantly increase within 12 months of the reporting date.
H. Repatriation Transition Tax (RTT)
Not applicable
I. Alternative Minimum Tax (AMT) Credit
Not applicable
NOTE 10 Information Concerning Parent, Subsidiaries, Affiliates and Other Related Parties
A. Nature of Relationships
The Company is a wholly-owned subsidiary of Opus Investment Management, Inc. (“OPUS”) which, in turn, is a wholly-owned non-insurance subsidiary of THG, a publicly traded company incorporated in Delaware.
The Company has intercompany reinsurance agreements with AFAIC, AFBIC, American, Atlantic, Hanover Casualty, Mass Bay, New Jersey, Citizens Insurance Company of Illinois, Verlan, NOVA, AIX Specialty Insurance Company (“ASIC”), and Campmed whereby the Company assumes 100% of the affiliates’ insurance and reinsurance obligations. The Company also has an intercompany reinsurance agreement with CICA, whereby the Company assumes 100% of CICA’s insurance and reinsurance obligations related to business written in all states except Michigan, Indiana, and Ohio.
6.6 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
B. Detail of Transactions Greater than 1/2% of Admitted Assets
On October 20, 2015, the Company entered into an intercompany loan agreement with THG and issued a loan with a maximum principal amount of up to $125,000,000. This note was disbursed in installments during 2016 and matures on September 25, 2029. Interest is calculated at the annual rate of 5.5%, and is payable on the first month following each quarter, pursuant to the agreement. At the end of the reporting period, the outstanding balance including accrued interest was $166,539,675.
The Company has an intercompany line of credit agreement between itself, THG, and CICA. Interest is calculated at the 3-month LIBOR rate and principal and interest are due within 90 days of the date of the loan. The following transactions occurred in 2021:
Origination Date Affiliate Cash Received/(Paid) Origination Cash Received/(Paid) Repayment O/S Balance June 3, 2021 THG $ (28,100,000) $ 21,000,000 $ (7,100,000) June 4, 2021 THG $ (1,800,000) $ - $ (1,800,000) June 7, 2021 THG $ (9,500,000) $ - $ (9,500,000) June 7, 2021 CICA $ (500,000) $ - $ (500,000) June 10, 2021 CICA $ (300,000) $ - $ (300,000) June 11, 2021 CICA $ (2,600,000) $ - $ (2,600,000) June 14, 2021 CICA $ (4,400,000) $ - $ (4,400,000) June 15, 2021 CICA $ (10,700,000) $ - $ (10,700,000) June 16, 2021 CICA $ (5,400,000) $ - $ (5,400,000) June 17, 2021 CICA $ (1,300,000) $ - $ (1,300,000) June 17, 2021 CICA $ (4,000,000) $ - $ (4,000,000) June 21, 2021 CICA $ (4,000,000) $ - $ (4,000,000) June 22, 2021 CICA $ (2,200,000) $ - $ (2,200,000) June 23, 2021 CICA $ (900,000) $ - $ (900,000) June 24, 2021 CICA $ (3,500,000) $ - $ (3,500,000) June 24, 2021 THG $ (10,000,000) $ - $ (10,000,000)
The Company declared an ordinary common stock dividend of $255,000,000 to Opus on May 10, 2021. The dividend was settled on June 1, 2021 by transferring bonds at fair value of $164,923,092, accrued interest of $1,083,208 and cash of $88,993,700 to Opus. The Company recognized $5,246,408 of net realized gains on these transactions.
The Company did not receive any oridinary common stock dividends from subsidaries during the current period.
The Company did not make any capital contributions during the current reporting period.
C. Transactions with related party who are not reported on Schedule Y
Not applicable
D. Amounts Due to or from Related Parties
At the end of the reporting period the Company reported $282,581 as amounts due to subsidiary, controlled and affiliated companies and $131,564,354 due from subsidiary, controlled and affiliated companies. These affiliated receivables include $166,539,675 in notes receivable from affiliated companies and are subject to intercompany loan terms discussed in footnote 10B above. Intercompany servicing arrangements require that intercompany balances be settled within 30 days.
E. Management, Service Contracts, Cost Sharing Arrangements
The Company and its affiliates have entered into an intercompany Consolidated Service Agreement. Under the agreement, legal entities will be charged the cost of the service provided or expenses paid by the entity providing the service or paying the expense. In addition, these entities will be charged a portion of the costs associated with activities that are performed for the good of THG legal entities.
Investment related services are provided by Opus pursuant to an intercompany Advisory Agreement.
F. Guarantees or Contingencies for Related Parties
The Company has related party guarantee agreements with Verlan, NOVA, ASIC, and Campmed, ensuring the complete performance of all obligations of the affiliated companies.
G. Nature of Relationships that Could Affect Operations
All outstanding shares of the Company are owned by Opus.
H., I., J., K., L., M., N., O.
Not applicable
NOTE 11 Debt
A. See disclosure below related to Federal Home Loan Bank of Boston (FHLBB) Agreements.
B. FHLB (Federal Home Loan Bank) Agreements
(1) In 2009, the Company received a $125,000,000 FHLBB advance through the Company's membership in FHLBB, which was epaid on January 2, 2019. The Company maintains FHLBB membership stock to enable short-term advances through its membership in FHLBB. During the current reporting period, the Company received and repaid advances to meet short-term liquidity needs.
As collateral to FHLBB, the Company has pledged government agency securities with a fair value of $103,116,691 as of the end of the reporting period. The fair value of the collateral pledged must be maintained at certain specified levels (equal to 100% to 112% of loan) of the borrowed amount, which can vary depending on the type of assets pledged. If the fair value of this collateral declines below these specified levels, the Company would be required to pledge additional collateral or repay outstanding borrowings. As a requirement of membership in the FHLBB, the Company maintains a certain level of investment in FHLBB stock. Total holdings of FHLBB stock were $2,298,000 at the end of the reporting period.
The Company calculates the maximum borrowing capacity amount based on the 4.0% requirement rate on short-term advances, maturing within 90 days.
There are no reserves related to FHLBB funding agreements at the end of the reporting period.
6.7 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
(2) FHLB Capital Stock
a. Aggregate Totals 1 2 3 General Protected Cell Total 2+3 Account Accounts 1. Current Year (a) Membership Stock - Class A $ - $ - $ - (b) Membership Stock - Class B $ 2,298,000 $ 2,298,000 $ - (c) Activity Stock $ - $ - $ - (d) Excess Stock $ - $ - $ - (e) Aggregate Total (a+b+c+d) $ 2,298,000 $ 2,298,000 $ - (f) Actual or estimated Borrowing Capacity as Determined by the Insurer $ 1,675,000 XXX XXX
2. Prior Year-end (a) Membership Stock - Class A $ - $ - $ - (b) Membership Stock - Class B $ 2,170,500 $ 2,170,500 $ - (c) Activity Stock $ - $ - $ - (d) Excess Stock $ - $ - $ - (e) Aggregate Total (a+b+c+d) $ 2,170,500 $ 2,170,500 $ - (f) Actual or estimated Borrowing Capacity as Determined by the Insurer $ 4,936,050 XXX XXX
11B(2)a1(f) should be equal to or greater than 11B(4)a1(d) 11B(2)a2(f) should be equal to or greater than 11B(4)a2(d)
b. Membership Stock (Class A and B) Eligible and Not Eligible for Redemption 1 2 Eligible for Redemption 3 4 5 6 Current Year 6 Months to Total Not Eligible for Less Than Less Than 1 to Less Than (2+3+4+5+6) Redemption 6 Months 1 Year 3 Years 3 to 5 Years Membership Stock 1. Class A $ - $ - $ - $ - $ - $ - 2. Class B $ 2,298,000 $ 2,298,000 $ - $ - $ - $ -
11B(2)b1 Current Year Total (Column 1) should equal 11B(2)a1(a) Total (Column 1) 11B(2)b2 Current Year Total (Column 1) should equal 11B(2)a1(b) Total (Column 1)
(3) Collateral Pledged to FHLB
a. Amount Pledged as of Reporting Date 1 2 3 Aggregate Total Fair Value Carrying Value Borrowing 1. Current Year Total General and Protected Cell Account Total Collateral Pledged (Lines 2+3) $ 103,116,691 $ 98,742,658 $ - 2. Current Year General Account Total Collateral Pledged $ 103,116,691 $ 98,742,658 $ - 3. Current Year Protected Cell Account Total Collateral Pledged $ - $ - $ - 4. Prior Year-end Total General and Protected Cell Account Total Collateral Pledged $ 84,867,007 $ 80,997,448 $ -
11B(3)a1 (Columns 1, 2 and 3) should be equal to or less than 11B(3)b1 (Columns 1, 2 and 3 respectively) 11B(3)a2 (Columns 1, 2 and 3) should be equal to or less than 11B(3)b2 (Columns 1, 2 and 3 respectively) 11B(3)a3 (Columns 1, 2 and 3) should be equal to or less than 11B(3)b3 (Columns 1, 2 and 3 respectively) 11B(3)a4 (Columns 1, 2 and 3) should be equal to or less than 11B(3)b4 (Columns 1, 2 and 3 respectively)
b. Maximum Amount Pledged During Reporting Period
1 2 3 Amount Borrowed at Time of Maximum Fair Value Carrying Value Collateral 1. Current Year Total General and Protected Cell Account Maximum Collateral Pledged (Lines 2+3) $ 112,115,926 $ 107,478,801 $ 55,700,000 2. Current Year General Account Maximum Collateral Pledged $ 112,115,926 $ 107,478,801 $ 55,700,000 4. Prior Year-end Total General and Protected Cell Account Maximum Collateral Pledged $ 104,789,274 $ 99,620,882 $ 55,000,000
6.8 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
(4) Borrowing from FHLB
a. Amount as of Reporting Date
1 2 3 4 Funding Agreements General Protected Cell Reserves Total 2+3 Account Account Established 1. Current Year (a) Debt $ - $ - $ - XXX (b) Funding Agreements $ - $ - $ - $ - (c) Other $ - $ - $ - XXX (d) Aggregate Total (a+b+c) $ - $ - $ - $ -
2. Prior Year end (a) Debt $ - $ - $ - XXX (b) Funding Agreements $ - $ - $ - $ - (c) Other $ - $ - $ - XXX (d) Aggregate Total (a+b+c) $ - $ - $ - $ -
b. Maximum Amount During Reporting Period (Current Year) 1 2 3 General Protected Cell Total 2+3 Account Account 1. Debt $ - $ - $ - 2. Funding Agreements $ - $ - $ - 3. Other $ - $ - $ - 4. Aggregate Total (1+2+3) $ - $ - $ -
11B(4)b4 (Columns 1, 2 and 3) should be equal to or greater than 11B(4)a1(d) (Columns 1, 2 and 3 respectively)
c. FHLB - Prepayment Obligations
Does the company have prepayment obligations under the following arrangements (YES/NO)? 1. Debt No 2. Funding Agreements No 3. Other No
NOTE 12 Retirement Plans, Deferred Compensation, Postemployment Benefits and Compensated Absences and Other Postretirement Benefit Plans
The labor for all domestic THG companies is provided and paid for by the Company.
The Company, as the common employer for all domestic affiliated Companies, provided multiple benefit plans to employees and agents of these affiliated Companies, including retirement plans. The salaries of employees and agents covered by these plans and the expenses of these plans are charged to the affiliated Companies in accordance with an intercompany cost sharing agreement.
A. Defined Benefit Plan
(1-3) No change
Pension Postretirement Special or Contractual Benefits Benefits Benefits Per SSAP No. 11 2021 2020 2021 2020 2021 2020
(4) Components of net periodic benefit cost a. Service cost $ - $ - $ - $ - $ - $ - b. Interest cost $ 7,458,000 $ 18,325,000 $ 150,000 $ 300,000 $ - $ - c. Expected return on plan assets $ (9,216,000) $ (22,233,000) $ - $ - $ - $ - d. Transition asset or obligation $ - $ - $ - $ - $ - $ - e. Gains and losses $ 1,588,000 $ 5,783,000 $ 96,000 $ 316,000 $ - $ - f. Prior service cost or credit $ - $ - $ - $ - $ - $ - g. Gain or loss recognized due to a settlement or curtailment $ - $ - $ - $ - $ - $ - h. Total net periodic benefit cost $ (170,000) $ 1,875,000 $ 246,000 $ 616,000 $ - $ -
(5-11) No change
(12-16) Not applicable
(17) No change
(18) Not applicable
B. Plan Assets
No change
C. The fair value of each class of plan assets
No change
D. No change
6.9 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
E. Defined Contribution Plan
No change
F. Multiemployer Plans
Not applicable
G. Consolidated/Holding Company Plans
No change
H., I. Not applicable
NOTE 13 Capital and Surplus, Dividend Restrictions and Quasi-Reorganizations
A. Outstanding Shares
The Company has 20,861,784 shares of $1 par value common stock authorized and 5,000,000 shares issued and outstanding. The Company has no preferred stock authorized, issued or outstanding.
B. Dividend Rate of Preferred Stock
Not applicable
C., D., E., F.
Pursuant to New Hampshire’s statute, the maximum dividends and other distributions that an insurer may pay in any twelve month period, without prior approval of the New Hampshire Insurance Commissioner, is limited to the lesser of 10% of statutory policyholder surplus as of the preceding December 31, or net income. The Company declared an ordinary dividend of $255,000,000 to Opus on May 10, 2021. The maximum dividend that may be declared payable for the remainder of 2021 without prior approval from the New Hampshire Commissioner of Insurance is $3,287,569.
G., H., I.
Not applicable
J, The portion of unassigned funds (surplus) represented or reduced by cumulative unrealized gains and losses is $ 1,083,280,351
This unrealized gain is not net of the applicable deferred tax liabiity of $45,285,082.
K., L., M., N.
Not applicable
NOTE 14 Liabilities, Contingencies and Assessments
A. Contingent Commitments
(1) At the end of the reporting period, there were contractual investment commitments of up to $188,853,329. The Company has no commitments related to state tax credit investments at the end of the reporting period.
Total contingent liabilities: $ 188,853,329
(2-3) Not Applicable
B., C., D., E., F.
Not applicable
G. All Other Contingencies
The Company routinely engages in various legal proceedings in the normal course of business, including claims for punitive damages. In the opinion of management, none of such contingencies are expected to have a material effect on the Company’s financial position, although it is possible that the results of operations in a particular quarter or annual period would be materially affected by an adverse development or unfavorable outcome.
NOTE 15 Leases
A. Lessee Operating Lease:
No change
NOTE 16 Information About Financial Instruments With Off-Balance Sheet Risk and Financial Instruments With Concentrations of Credit Risk
Not applicable
NOTE 17 Sale, Transfer and Servicing of Financial Assets and Extinguishments of Liabilities
A., B.
Not applicable
C. Wash Sales
The Company generally does not sell and reacquire securities within 30 days of the sale date. There were no wash sale transactions with a NAIC designation of 3 or below in the current year.
6.10 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
NOTE 18 Gain or Loss to the Reporting Entity from Uninsured Plans and the Uninsured Portion of Partially Insured Plans
Not applicable
NOTE 19 Direct Premium Written/Produced by Managing General Agents/Third Party Administrators
Not applicable
NOTE 20 Fair Value Measurements
A. (1) Fair Value Measurements at Reporting Date
Description for each class Net Asset Value of asset or liability (Level 1) (Level 2) (Level 3) (NAV) Total a. Assets at fair value Preferred Stocks: Industrial and miscellaneous $ - $ - $ 8,918,188 $ - $ 8,918,188
Bonds: Industrial and miscellaneous $ - $ 36,250,524 $ - $ - $ 36,250,524 Common Stocks: Industrial and miscellaneous (a) $ 452,395,541 $ - $ - $ - $ 452,395,541
Other Invested Assets $ - $ - $ 4,005,488 $ - $ 4,005,488 Total assets at fair value/NAV $ 452,395,541 $ 36,250,524 $ 12,923,676 $ - $ 501,569,741 (a) Excludes equities carried at cost of $2,298,000 at the end of the reporting period which consists of FHLB common stock.
b. The Company does not have any liabilities measured at fair value at the end of the current reporting period.
(2) Fair Value Measurements in (Level 3) of the Fair Value hierarchy
Total gains and Total gains and Ending Balance as Transfers Transfers (losses) (losses) Ending Balance of Prior Quarter into out of included in included in for Current Description End Level 3 Level 3 Net Income Surplus Purchases Issuances Sales Settle-ments Quarter End a. Assets Preferred Stocks: Industrial and miscellaneous $ 9,218,188 $ - $ - $ - $ (300,000) $ - $ - $ - $ - $ 8,918,188 Other Invested Assets $ 4,005,488 $ - $ - $ - $ - $ - $ - $ - $ - $ 4,005,488 Total Assets $ 13,223,676 $ - $ - $ - $ (300,000) $ - $ - $ - $ - $ 12,923,676
b. Not applicable
c. Not applicable
(3) The reporting entity's policy is to recognize transfers in and transfers out as of the actual date of the event or change in circumstances that caused the transfer.
(4) For fair value measurements categorized within Level 2 of the fair value hierarchy, fair values of bonds are obtained by a quoted market price if available, otherwise, fair values are estimated using independent pricing sources or internally developed pricing models using discounted cash flow analyses.
The Company utilizes a third party pricing service for the valuation of the majority of its fixed maturity securities and receives one quote per security. When quoted market prices in an active market are available, they are provided by the pricing service as the fair value and such values are classified as Level 1. Since fixed maturities other than U.S. Treasury securities generally do not trade on a daily basis, the pricing service prepares estimates of fair value for those securities using pricing applications based on a market approach. Inputs into the fair value pricing applications which are common to all asset classes include benchmark U.S. Treasury security yield curves, reported trades of identical or similar fixed maturity securities, broker/dealer quotes of identical or similar fixed maturity securities and structural characteristics of the security, such as maturity date, coupon, mandatory principal payment dates, frequency of interest and principal payments and optional principal redemption features. Inputs into the fair value applications that are unique by asset class include, but are not limited to:
• U.S. government – determination of direct versus indirect government support and whether any contingencies exist with respect to the timely payment of principal and interest.
• All other governments – estimates of appropriate market spread versus underlying related sovereign treasury curves dependent on liquidity and direct or contingent support.
• Corporate bonds, which are included in Industrial and miscellaneous bonds - overall credit quality, including assessments of the level and variability of: economic sensitivity; liquidity; corporate financial policies; management quality; regulatory environment; competitive position; ownership; restrictive covenants; and security or collateral.
• Municipal bonds, which are included in States, territories and possessions; Political subdivisions of states, territories and possessions; and Special revenue and special assessment obligations - overall credit quality, including assessments of the level and variability of: sources of payment such as income, sales or property taxes, levies or user fees; credit support such as insurance; state or local economic and political base; natural resource availability; and susceptibility to natural or man-made catastrophic events such as hurricanes, earthquakes or acts of terrorism.
• Residential mortgage-backed securities, U.S. agency pass-thrus and collateralized mortgage obligations (“CMOs”) which are included in U.S. governments and Special revenue and special assessment obligations - estimates of prepayment speeds based upon: historical prepayment rate trends; underlying collateral interest rates; geographic concentration; vintage year; borrower credit quality characteristics; interest rate and yield curve forecasts; government or monetary authority support programs; tax policies; and delinquency/default trends.
• Residential mortgage-backed securities, non-agency CMOs, which are included in Industrial and miscellaneous bonds - estimates of prepayment speeds based upon: historical prepayment rate trends; underlying collateral interest rates; geographic concentration; vintage year; borrower credit quality characteristics; interest rate and yield curve forecasts; government or monetary authority support programs; tax policies; delinquency/default trends; and severity of loss upon default and length of time to recover proceeds following default.
• Commercial mortgage-backed securities, which are included in Industrial and miscellaneous bonds - overall credit quality, including assessments of the value and supply/demand characteristics of: collateral type such as office, retail, residential, lodging, or other; geographic concentration by region, state, metropolitan statistical area and locale; vintage year; historical collateral performance including defeasance, delinquency, default and special servicer trends; and capital structure support features.
6.11 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
• Asset-backed securities, which are included in Industrial and miscellaneous bonds – overall credit quality, including assessments of the underlying collateral type such as credit card receivables, auto loan receivables and equipment lease receivables; geographic diversification; vintage year; historical collateral performance including delinquency, default and casualty trends; economic conditions influencing use rates and resale values; and contract structural support features.
Generally, all prices provided by the pricing service, except actively traded securities with quoted market prices, are reported as Level 2.
The Company holds privately placed corporate bonds and certain other bonds that do not have an active market and for which the pricing service cannot provide fair values. The Company determines fair values for these securities using either matrix pricing or broker quotes. The Company will use observable market data to the extent it is available, but is also required to use a certain amount of unobservable judgment due to the illiquid nature of the securities involved. Additionally, the Company may obtain nonbinding broker quotes which are reported as Level 3.
Fair values of common and preferred stocks are based on SVO valuation, if available. If SVO valuations are not available, quoted market prices are used. If neither SVO prices nor quoted market prices are available, fair values are estimated using independent pricing sources or internally developed pricing models using discounted cash flow analyses.
Level 2 includes securities that are valued using pricing for similar securities and pricing models that incorporate observable inputs. Level 3 consists of common stock of private companies for which observable inputs are not available. The Company uses a third party pricing service for the valuation of the majority of its equity securities. When quoted market prices in an active market are available, they are provided by the pricing service as the fair value and such values are classified as Level 1. Generally, all prices provided by the pricing service except quoted market prices, are reported as Level 2. Occasionally, the Company may obtain nonbinding broker quotes which are reported as Level 3.
(5) Not applicable
B. Not applicable
C. Aggregate fair value for all financial instruments and the level within the fair value hierarchy in which the fair value measurements in their entirety fall.
Type of Financial Aggregate Net Asset Value Not Practicable Instrument Fair Value Admitted Assets (Level 1) (Level 2) (Level 3) (NAV) (Carrying Value) Bonds $ 5,364,178,048 $ 5,090,890,223 $ 73,773,965 $ 5,278,917,150 $ 11,486,933 $ - $ - Preferred Stock $ 8,918,188 $ 8,918,188 $ - $ - $ 8,918,188 $ - $ - Common Stock (a) $ 454,693,541 $ 454,693,541 $ 452,395,541 $ 2,298,000 $ - $ - $ - Mortgages $ 139,225,827 $ 132,029,915 $ - $ - $ 139,225,827 $ - $ - Other Invested Assets (a) $ 342,313,089 $ 326,193,981 $ - $ 7,087,534 $ 335,225,555 $ - $ - Cash and Short-Term Investments $ (35,447,669) $ (35,448,001) $ (36,479,256) $ 1,031,587 $ - $ - $ - (a) Excludes investments in subsidiaries and other invested assets using the equity method of accounting
D., E.
Not applicable
NOTE 21 Other Items
A. Unusual or Infrequent Items
Not applicable
B. Troubled Debt Restructuring: Debtors
Not applicable
C. Other Disclosures
IBNR loss and loss adjustment expense reserves are allocated to the Company based on the proportion of the Company’s earned premiums and case loss reserves relative to other affiliates in The Hanover Insurance Group. Fluctuations by affiliate and state may occur as a result of this re-estimation process.
The Company elected to use rounding to the nearest dollar in reporting amounts in the Statement, except as otherwise directed by instructions.
At the end of the current period and prior year, the Company had admitted assets of $1,176,464,059 and $1,144,443,223, respectively, in premiums receivable due from policyholders, agents and ceding insurers. The Company routinely assesses the collectability of these receivables. Based upon Company experience, any uncollectible premiums receivable at the end of the current period are not expected to exceed the non admitted amounts totaling $24,067,619 and, therefore, no additional provision for uncollectible amounts has been recorded. The potential for any additional loss is not believed to be material to the Company’s financial position.
The Company reported $130,399,286 on Page 2 Line 15.1 for Agents’ balances or Uncollected Premiums. There are no agents’ balances or uncollected premiums due from controlled or controlling persons.
D. Business Interruption Insurance Recoveries
Not applicable
E. State Transferable and Non-transferable Tax Credits
Not applicable
F. Subprime Mortgage Related Risk Exposure
The Company has reviewed its investments in mortgage-backed securities and has determined that these investments are not subprime.
G. Insurance-Linked Securities (ILS) Contracts
Not applicable
NOTE 22 Events Subsequent
Not applicable
6.12 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
NOTE 23 Reinsurance
A. Unsecured Reinsurance Recoverables
No change
B. Reinsurance Recoverable in Dispute
Not applicable
C. Reinsurance Assumed and Ceded
(1) The following table summarizes ceded and assumed unearned premiums and the related commission equity at the end of the current reporting period:
Assumed Reinsurance Ceded Reinsurance Net
Premium Commission Premium Commission Premium Commission Reserve Equity Reserve Equity Reserve Equity a. Affiliates $1,333,605,131 $ - $ - $ - $1,333,605,131 $ - b. All Other $ 7,898,994 $ 1,370,571 $ 121,072,102 $ 30,988,175 $ (113,173,108) $ (29,617,604) c. Total $1,341,504,125 $ 1,370,571 $ 121,072,102 $ 30,988,175 $1,220,432,023 $ (29,617,604)
d. Direct Unearned Premium Reserve $ 734,231,455
(2) The additional or return commission, predicated on loss experience or any other form of profit sharing arrangements in this annual statement as a result of existing contractual arrangements are accrued as follows:
Direct Assumed Ceded Net a. Contingent Commission $ 50,522,909 $ - $ - $ 50,522,909 b. Sliding Scale Adjustments $ - $ - $ 330,144 $ (330,144) c. Other Profit Commission Arrangements $ - $ - $ 2,100,000 $ (2,100,000) d. TOTAL $ 50,522,909 $ - $ 2,430,144 $ 48,092,765
(3) Not applicable
D. Uncollectible Reinsurance
No change
E., F., G., H., I., J., K.
Not applicable
NOTE 24 Retrospectively Rated Contracts & Contracts Subject to Redetermination
Not applicable
NOTE 25 Change in Incurred Losses and Loss Adjustment Expenses
A. The estimated cost of loss and loss adjustment expenses (“LAE”) attributable to insured events of prior year’s decreased by $13,915,000 during the current year. The savings of $13,915,000 is 0.35% of unpaid losses and LAE of $3,991,508,445 as of December 31, 2020. The favorable loss development is primarily due to lower than expected losses in workers compensation and commercial multi peril lines of business. Increases or decreases generally occur as a result of claim settlements during the current year, and as additional information is received regarding individual claims, causing changes from the original estimates of the costs of these claims. Recent loss development trends are also taken into account evaluating the overall adequacy of unpaid losses and LAE.
B. There were no significant changes in methodologies and assumptions used in calculating the liability for unpaid property and casualty losses and loss adjustment expenses.
NOTE 26 Intercompany Pooling Arrangements
Not applicable
NOTE 27 Structured Settlements
A. The company has purchased annuities from life insurers under which the claimants are payees as follows:
Loss Unrecorded Reserves Loss Eliminated by Contin- Annuities gencies $ 16,170,969 $ 16,170,969 B. Annuity Insurers with Balances due Greater than 1% of Policyholders' Surplus
Not applicable
NOTE 28 Health Care Receivables
Not applicable
NOTE 29 Participating Policies
Not applicable
NOTE 30 Premium Deficiency Reserves
1. Liability carried for premium deficiency reserves $ - 2. Date of the most recent evaluation of this liability 06/30/2021 3. Was anticipated investment income utilized in the calculation? Yes [X] No [ ]
6.13 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
NOTE 31 High Deductibles
A. Reserve Credit Recorded on Unpaid Claims and Amount Billed and Recoverable on Paid Claims for High Deductibles
(1) Counter Party Exposure Recorded on Unpaid Claims and Billed Recoverables on Paid Claims
Annual Statement Line of Business (ASL) 3 4 5 6 1 2 Total High Deductibles and Gross (of High Reserve Credit Billed Billed Deductible) Loss for High Recoverables on Recoverables ASL # ASL Description Reserves Deductibles Paid Claims (Col 4 + Col 5) 16.0 Workers' Compensation $ 784,000 $ 784,000 $ 55,000 $ 839,000 17.1 Other Liability - occurrence $ 4,330,000 $ 1,565,000 $ 48,000 $ 1,613,000 Total $ 5,114,000 $ 2,349,000 $ 103,000 $ 2,452,000
(2) Unsecured Amounts of High Deductibles
a. Total high deductibles and billed recoverables on paid claims (Should equal total line for Column 6 for A(1) above) $ 2,452,000 b. Collateral on balance sheet (Must be equal to or greater than zero) $ - c. Collateral off balance sheet (Must be equal to or greater than zero) $ 2,452,000 d. Total unsecured deductibles and billed recoverables on paid claims d=a-(b+c) (Must be equal to or greater than zero) $ - e. Percentage unsecured 0.0%
(3) High Deductible Recoverables Amounts on Paid Claims
Not applicable
(4) The Deductible Amounts for the Highest Ten Unsecured High Deductible Policies
Not applicable
B. Unsecured High Deductible Recoverables for Individual Obligors Part of a Group Under the Same Management or Control Which Are Greater Than 1% of Capital and Surplus. For this purpose, a group of entities under common control shall be regarded as a single customer.
Not applicable
NOTE 32 Discounting of Liabilities for Unpaid Losses or Unpaid Loss Adjustment Expenses
Total liabilities for unpaid property and casualty losses and loss adjustment expenses are not discounted. However, case unpaid losses for pension-type workers’ compensation reserves are discounted on a tabular basis using the National Council on Compensation Insurance (“NCCI”) published tables at a rate of 3.5%. This discount is completely offset in the Company’s IBNR reserves.
The Company discounts the Group Accident and Health liabilities for unpaid losses on long term care and medical conversion claims.
A. Tabular Discount
Reserves for Long Term Care claims have been discounted on a tabular basis using the 1994 GAM Table at 4.5%. The reserves as of the end of the current reporting period include $86,767,538 of such discounted reserves. The amount of disocunt for case and IBNR reserves is as follows:
Tabular Discount Included in Schedule P, Part 1* (1) (2) Case IBNR 1. Homeowners/Farmowners $ - $ - 2. Private Passenger Auto Liability/Medical $ - $ - 3. Commercial Auto/Truck Liability/Medical $ - $ - 4. Workers’ Compensation $ - $ - 5. Commercial Multiple Peril $ - $ - 6. Medical Professional Liability - occurrence $ - $ - 7. Medical Professional Liability - claims-made $ - $ - 8. Special Liability $ - $ - 9. Other Liability - occurrence $ - $ - 10. Other Liability - claims-made $ - $ - 11. Special Property $ - $ - 12. Auto Physical Damage $ - $ - 13. Fidelity, Surety $ - $ - 14. Other (including Credit, Accident & Health) $ 30,363,784 $ 20,250,024 15. International $ - $ - 16. Reinsurance Nonproportional Assumed Property $ - $ - 17. Reinsurance Nonproportional Assumed Liability $ - $ - 18. Reinsurance Nonproportional Assumed Financial Lines $ - $ - 19. Products Liability - occurrence $ - $ - 20. Products Liability - claims-made $ - $ - 21. Financial Guaranty/Mortgage Guaranty $ - $ - 22. Warranty $ - $ - 23. Total $ 30,363,784 $ 20,250,024 * Must exclude medical loss reserves and all loss adjustment expense reserves.
6.14 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY NOTES TO FINANCIAL STATEMENTS
B. Nontabular Discount
Reserves for Conversion Trust and Individual Health unpaid losses have been discounted on a non-tabular basis using an interest rate of 4.0%. The reserves as of the end of the current reporting period include $5,790,000 of such discounted reserves. The amount of the discount is as follows:
(1) (2) (3) (4) Defense & Cost Containment Adjusting & Other Case IBNR Expense Expense 1. Homeowners/Farmowners $ - $ - $ - $ - 2. Private Passenger Auto Liability/Medical $ - $ - $ - $ - 3. Commercial Auto/Truck Liability/Medical $ - $ - $ - $ - 4. Workers’ Compensation $ - $ - $ - $ - 5. Commercial Multiple Peril $ - $ - $ - $ - 6. Medical Professional Liability - occurrence $ - $ - $ - $ - 7. Medical Professional Liability - claims-made $ - $ - $ - $ - 8. Special Liability $ - $ - $ - $ - 9. Other Liability - occurrence $ - $ - $ - $ - 10. Other Liability - claims-made $ - $ - $ - $ - 11. Special Property $ - $ - $ - $ - 12. Auto Physical Damage $ - $ - $ - $ - 13. Fidelity, Surety $ - $ - $ - $ - 14. Other (including Credit, Accident & Health) $ 2,506,122 $ - $ - $ - 15. International $ - $ - $ - $ - 16. Reinsurance Nonproportional Assumed Property $ - $ - $ - $ - 17. Reinsurance Nonproportional Assumed Liability $ - $ - $ - $ - 18. Reinsurance Nonproportional Assumed Financial Lines $ - $ - $ - $ - 19. Products Liability - occurrence $ - $ - $ - $ - 20. Products Liability - claims-made $ - $ - $ - $ - 21. Financial Guaranty/Mortgage Guaranty $ - $ - $ - $ - 22. Warranty $ - $ - $ - $ - 23. Total $ 2,506,122 $ - $ - $ - ** Should include medical loss reserves and all loss adjustment expense reserves, whether reported as tabular or nontabular in Schedule P.
C. Changes in Discount Assumptions
Not applicable
NOTE 33 Asbestos/Environmental Reserves
No change
NOTE 34 Subscriber Savings Accounts
Not applicable
NOTE 35 Multiple Peril Crop Insurance
Not applicable
NOTE 36 Financial Guaranty Insurance
Not applicable
6.15 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY GENERAL INTERROGATORIES
PART 1 - COMMON INTERROGATORIES
GENERAL
1.1 Did the reporting entity experience any material transactions requiring the filing of Disclosure of Material Transactions with the State of Domicile, as required by the Model Act? Yes [ ] No [ X ]
1.2 If yes, has the report been filed with the domiciliary state? Yes [ ] No [ ]
2.1 Has any change been made during the year of this statement in the charter, by-laws, articles of incorporation, or deed of settlement of the reporting entity? Yes [ ] No [ X ]
2.2 If yes, date of change:
3.1 Is the reporting entity a member of an Insurance Holding Company System consisting of two or more affiliated persons, one or more of which is an insurer? Yes [ X ] No [ ] If yes, complete Schedule Y, Parts 1 and 1A.
3.2 Have there been any substantial changes in the organizational chart since the prior quarter end? Yes [ ] No [ X ]
3.3 If the response to 3.2 is yes, provide a brief description of those changes.
3.4 Is the reporting entity publicly traded or a member of a publicly traded group? Yes [ X ] No [ ]
3.5 If the response to 3.4 is yes, provide the CIK (Central Index Key) code issued by the SEC for the entity/group. 0000944695
4.1 Has the reporting entity been a party to a merger or consolidation during the period covered by this statement? Yes [ ] No [ X ] If yes, complete and file the merger history data file with the NAIC.
4.2 If yes, provide the name of the entity, NAIC Company Code, and state of domicile (use two letter state abbreviation) for any entity that has ceased to exist as a result of the merger or consolidation.
1 2 3 Name of Entity NAIC Company Code State of Domicile
5. If the reporting entity is subject to a management agreement, including third-party administrator(s), managing general agent(s), attorney- in-fact, or similar agreement, have there been any significant changes regarding the terms of the agreement or principals involved? Yes [ ] No [ ] N/A [ X ] If yes, attach an explanation.
6.1 State as of what date the latest financial examination of the reporting entity was made or is being made. 12/31/2019
6.2 State the as of date that the latest financial examination report became available from either the state of domicile or the reporting entity. This date should be the date of the examined balance sheet and not the date the report was completed or released. 12/31/2019
6.3 State as of what date the latest financial examination report became available to other states or the public from either the state of domicile or the reporting entity. This is the release date or completion date of the examination report and not the date of the examination (balance sheet date). 04/01/2021
6.4 By what department or departments? New Hampshire Department of Insurance 6.5 Have all financial statement adjustments within the latest financial examination report been accounted for in a subsequent financial statement filed with Departments? Yes [ ] No [ ] N/A [ X ]
6.6 Have all of the recommendations within the latest financial examination report been complied with? Yes [ ] No [ ] N/A [ X ]
7.1 Has this reporting entity had any Certificates of Authority, licenses or registrations (including corporate registration, if applicable) suspended or revoked by any governmental entity during the reporting period? Yes [ ] No [ X ]
7.2 If yes, give full information:
8.1 Is the company a subsidiary of a bank holding company regulated by the Federal Reserve Board? Yes [ ] No [ X ]
8.2 If response to 8.1 is yes, please identify the name of the bank holding company.
8.3 Is the company affiliated with one or more banks, thrifts or securities firms? Yes [ X ] No [ ]
8.4 If response to 8.3 is yes, please provide below the names and location (city and state of the main office) of any affiliates regulated by a federal regulatory services agency [i.e. the Federal Reserve Board (FRB), the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC) and the Securities Exchange Commission (SEC)] and identify the affiliate's primary federal regulator.
1 2 3 4 5 6 Affiliate Name Location (City, State) FRB OCC FDIC SEC Opus Investment Management, Inc. Worcester, MA YES
7 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY GENERAL INTERROGATORIES
9.1 Are the senior officers (principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions) of the reporting entity subject to a code of ethics, which includes the following standards ? Yes [ X ] No [ ] (a) Honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships; (b) Full, fair, accurate, timely and understandable disclosure in the periodic reports required to be filed by the reporting entity; (c) Compliance with applicable governmental laws, rules and regulations; (d) The prompt internal reporting of violations to an appropriate person or persons identified in the code; and (e) Accountability for adherence to the code. 9.11 If the response to 9.1 is No, please explain:
9.2 Has the code of ethics for senior managers been amended ? Yes [ ] No [ X ] 9.21 If the response to 9.2 is Yes, provide information related to amendment(s).
9.3 Have any provisions of the code of ethics been waived for any of the specified officers ? Yes [ ] No [ X ] 9.31 If the response to 9.3 is Yes, provide the nature of any waiver(s).
FINANCIAL
10.1 Does the reporting entity report any amounts due from parent, subsidiaries or affiliates on Page 2 of this statement? Yes [ X ] No [ ] 10.2 If yes, indicate any amounts receivable from parent included in the Page 2 amount: $ 379,699
INVESTMENT
11.1 Were any of the stocks, bonds, or other assets of the reporting entity loaned, placed under option agreement, or otherwise made available for use by another person? (Exclude securities under securities lending agreements.) Yes [ ] No [ X ] 11.2 If yes, give full and complete information relating thereto:
12. Amount of real estate and mortgages held in other invested assets in Schedule BA: $ 311,907,458 13. Amount of real estate and mortgages held in short-term investments: $ 0 14.1 Does the reporting entity have any investments in parent, subsidiaries and affiliates? Yes [ X ] No [ ] 14.2 If yes, please complete the following: 1 2 Prior Year-End Current Quarter Book/Adjusted Book/Adjusted Carrying Value Carrying Value 14.21 Bonds $ 0 $ 0 14.22 Preferred Stock $ 0 $ 0 14.23 Common Stock $ 1,250,639,143 $ 1,312,239,009 14.24 Short-Term Investments $ 0 $ 0 14.25 Mortgage Loans on Real Estate $ 0 $ 0 14.26 All Other $ 0 $ 0 14.27 Total Investment in Parent, Subsidiaries and Affiliates (Subtotal Lines 14.21 to 14.26) $ 1,250,639,143 $ 1,312,239,009 14.28 Total Investment in Parent included in Lines 14.21 to 14.26 above $ 0 $ 0
15.1 Has the reporting entity entered into any hedging transactions reported on Schedule DB? Yes [ ] No [ X ] 15.2 If yes, has a comprehensive description of the hedging program been made available to the domiciliary state? Yes [ ] No [ ] N/A [ ] If no, attach a description with this statement.
16. For the reporting entity’s security lending program, state the amount of the following as of the current statement date: 16.1 Total fair value of reinvested collateral assets reported on Schedule DL, Parts 1 and 2. $ 0 16.2 Total book adjusted/carrying value of reinvested collateral assets reported on Schedule DL, Parts 1 and 2 $ 0 16.3 Total payable for securities lending reported on the liability page. $ 0
7.1 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY GENERAL INTERROGATORIES
17. Excluding items in Schedule E - Part 3 - Special Deposits , real estate, mortgage loans and investments held physically in the reporting entity’s offices, vaults or safety deposit boxes, were all stocks, bonds and other securities, owned throughout the current year held pursuant to a custodial agreement with a qualified bank or trust company in accordance with Section 1, III - General Examination Considerations, F. Outsourcing of Critical Functions, Custodial or Safekeeping Agreements of the NAIC Financial Condition Examiners Handbook? Yes [ X ] No [ ] 17.1 For all agreements that comply with the requirements of the NAIC Financial Condition Examiners Handbook, complete the following:
1 2 Name of Custodian(s) Custodian Address Bank of New York Mellon 225 Liberty Street, New York, NY 10286
17.2 For all agreements that do not comply with the requirements of the NAIC Financial Condition Examiners Handbook, provide the name, location and a complete explanation: 1 2 3 Name(s) Location(s) Complete Explanation(s)
17.3 Have there been any changes, including name changes, in the custodian(s) identified in 17.1 during the current quarter? Yes [ ] No [ X ] 17.4 If yes, give full information relating thereto:
1 2 3 4 Old Custodian New Custodian Date of Change Reason
17.5 Investment management – Identify all investment advisors, investment managers, broker/dealers, including individuals that have the authority to make investment decisions on behalf of the reporting entity. For assets that are managed internally by employees of the reporting entity, note as such. ["…that have access to the investment accounts"; "…handle securities"] 1 2 Name of Firm or Individual Affiliation Opus Investment Management, Inc. A
17.5097 For those firms/individuals listed in the table for Question 17.5, do any firms/individuals unaffiliated with the reporting entity (i.e. designated with a "U") manage more than 10% of the reporting entity’s invested assets? Yes [ ] No [ ]
17.5098 For firms/individuals unaffiliated with the reporting entity (i.e. designated with a "U") listed in the table for Question 17.5, does the total assets under management aggregate to more than 50% of the reporting entity’s invested assets? Yes [ ] No [ ]
17.6 For those firms or individuals listed in the table for 17.5 with an affiliation code of "A" (affiliated) or "U" (unaffiliated), provide the information for the table below. 1 2 3 4 5 Investment Management Central Registration Agreement Depository Number Name of Firm or Individual Legal Entity Identifier (LEI) Registered With (IMA) Filed 107569 Opus Investment Management, Inc. SEC DS
18.1 Have all the filing requirements of the Purposes and Procedures Manual of the NAIC Investment Analysis Office been followed? Yes [ X ] No [ ] 18.2 If no, list exceptions:
19. By self-designating 5GI securities, the reporting entity is certifying the following elements for each self-designated 5GI security: a. Documentation necessary to permit a full credit analysis of the security does not exist or an NAIC CRP credit rating for an FE or PL security is not available. b. Issuer or obligor is current on all contracted interest and principal payments. c. The insurer has an actual expectation of ultimate payment of all contracted interest and principal. Has the reporting entity self-designated 5GI securities? Yes [ ] No [ X ]
20. By self-designating PLGI securities, the reporting entity is certifying the following elements of each self-designated PLGI security: a. The security was purchased prior to January 1, 2018. b. The reporting entity is holding capital commensurate with the NAIC Designation reported for the security. c. The NAIC Designation was derived from the credit rating assigned by an NAIC CRP in its legal capacity as a NRSRO which is shown on a current private letter rating held by the insurer and available for examination by state insurance regulators. d. The reporting entity is not permitted to share this credit rating of the PL security with the SVO. Has the reporting entity self-designated PLGI securities? Yes [ ] No [ X ]
21. By assigning FE to a Schedule BA non-registered private fund, the reporting entity is certifying the following elements of each self-designated FE fund: a. The shares were purchased prior to January 1, 2019. b. The reporting entity is holding capital commensurate with the NAIC Designation reported for the security. c. The security had a public credit rating(s) with annual surveillance assigned by an NAIC CRP in its legal capacity as an NRSRO prior to January 1, 2019. d. The fund only or predominantly holds bonds in its portfolio. e. The current reported NAIC Designation was derived from the public credit rating(s) with annual surveillance assigned by an NAIC CRP in its legal capacity as an NRSRO. f. The public credit rating(s) with annual surveillance assigned by an NAIC CRP has not lapsed. Has the reporting entity assigned FE to Schedule BA non-registered private funds that complied with the above criteria? Yes [ ] No [ X ]
7.2 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY GENERAL INTERROGATORIES
PART 2 - PROPERTY & CASUALTY INTERROGATORIES
1. If the reporting entity is a member of a pooling arrangement, did the agreement or the reporting entity’s participation change? Yes [ ] No [ ] N/A [ X ] If yes, attach an explanation.
2. Has the reporting entity reinsured any risk with any other reporting entity and agreed to release such entity from liability, in whole or in part, from any loss that may occur on the risk, or portion thereof, reinsured? Yes [ ] No [ X ] If yes, attach an explanation.
3.1 Have any of the reporting entity’s primary reinsurance contracts been canceled? Yes [ ] No [ X ]
3.2 If yes, give full and complete information thereto.
4.1 Are any of the liabilities for unpaid losses and loss adjustment expenses other than certain workers’ compensation tabular reserves (see Annual Statement Instructions pertaining to disclosure of discounting for definition of “ tabular reserves” ) discounted at a rate of interest greater than zero? Yes [ X ] No [ ]
4.2 If yes, complete the following schedule:
TOTAL DISCOUNT DISCOUNT TAKEN DURING PERIOD 1 2 3 4 5 6 7 8 9 10 11 Maximum Discount Unpaid Unpaid Unpaid Unpaid Line of Business Interest Rate Losses LAE IBNR TOTAL Losses LAE IBNR TOTAL Long Term Care 0.0 0.045 30,364,000 0 20,250,000 50,614,000 1,184,000 0 760,000 1,944,000 TOTAL 30,364,000 0 20,250,000 50,614,000 1,184,000 0 760,000 1,944,000
5. Operating Percentages:
5.1 A&H loss percent 484.750 %
5.2 A&H cost containment percent 0.000 %
5.3 A&H expense percent excluding cost containment expenses 42.710 %
6.1 Do you act as a custodian for health savings accounts? Yes [ ] No [ X ]
6.2 If yes, please provide the amount of custodial funds held as of the reporting date $ 0
6.3 Do you act as an administrator for health savings accounts? Yes [ ] No [ X ]
6.4 If yes, please provide the balance of the funds administered as of the reporting date $ 0
7. Is the reporting entity licensed or chartered, registered, qualified, eligible or writing business in at least two states? Yes [ X ] No [ ]
7.1 If no, does the reporting entity assume reinsurance business that covers risks residing in at least one state other than the state of domicile of the reporting entity? Yes [ ] No [ ]
8 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE F - CEDED REINSURANCE Showing All New Reinsurers - Current Year to Date 1 2 3 4 5 6 7 Effective Certified Date of NAIC Reinsurer Certified Company ID Domiciliary Rating Reinsurer Code Number Name of Reinsurer Jurisdiction Type of Reinsurer (1 through 6) Rating
9 NONE STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE T - EXHIBIT OF PREMIUMS WRITTEN Current Year to Date - Allocated by States and Territories 1 Direct Premiums Written Direct Losses Paid (Deducting Salvage) Direct Losses Unpaid Active 2 3 4 5 6 7 Status Current Year Prior Year Current Year Prior Year Current Year Prior Year States, etc. (a) To Date To Date To Date To Date To Date To Date 1. Alabama AL L 2,753,026 2,629,224 1,311,433 1,955,599 4,695,009 6,192,187 2. Alaska AK L 362,463 301,953 19,923 1,831 875,045 806,808 3. Arizona AZ L 10,054,634 9,129,819 1,006,780 5,913,771 12,953,972 12,590,801 4. Arkansas AR L 3,912,317 4,634,734 3,013,647 3,934,003 9,639,249 8,607,932 5. California CA L 57,554,464 55,373,153 16,182,936 22,699,752 83,920,439 74,030,671 6. Colorado CO L 15,907,615 14,112,456 2,199,193 3,374,888 11,923,407 11,782,834 7. Connecticut CT L 25,543,198 20,153,069 9,408,696 6,059,406 35,177,091 31,702,897 8. Delaware DE L 1,816,961 1,423,735 120,608 333,259 1,800,066 1,168,710 9. District of Columbia DC L 6,295,411 6,048,476 1,272,715 1,004,120 13,452,808 14,461,801 10. Florida FL L 20,009,932 21,137,111 4,093,779 10,185,180 43,302,999 37,835,823 11. Georgia GA L 22,790,251 22,554,010 10,726,295 9,494,931 33,081,198 31,015,602 12. Hawaii HI L 819,078 876,643 3,457 39,238 229,416 280,050 13. Idaho ID L 916,939 1,039,220 485,924 574,559 786,956 937,684 14. Illinois IL L 28,119,621 24,258,580 6,028,413 5,407,758 41,763,249 37,462,632 15. Indiana IN L 19,700,805 18,424,722 5,420,675 7,732,127 24,217,579 19,462,842 16. Iowa IA L 1,548,318 1,111,252 153,945 255,038 1,467,949 435,233 17. Kansas KS L 1,663,708 1,778,350 3,044,784 4,627,701 9,506,723 7,771,820 18. Kentucky KY L 3,428,144 4,013,888 526,043 302,564 5,593,505 4,660,811 19. Louisiana LA L 7,330,655 6,458,745 1,085,535 268,938 10,594,074 14,657,469 20. Maine ME L 19,360,165 16,871,320 4,585,316 4,396,827 39,563,144 33,573,224 21. Maryland MD L 14,508,793 10,740,787 3,890,937 2,477,751 10,406,261 10,366,470 22. Massachusetts MA L 88,436,903 73,894,316 26,211,813 16,049,415 94,681,820 83,867,545 23. Michigan MI L 28,536,139 27,000,280 6,998,690 5,581,259 37,851,661 32,040,027 24. Minnesota MN L 18,943,853 16,017,295 2,767,170 7,037,184 17,903,296 17,120,685 25. Mississippi MS L 1,231,300 2,490,147 1,147,674 421,080 9,238,073 4,015,904 26. Missouri MO L 4,709,528 5,883,837 405,291 2,277,662 4,594,086 3,438,481 27. Montana MT L 969,355 741,470 498,410 179,258 1,671,718 1,112,642 28. Nebraska NE L 851,969 675,600 65,934 81,555 2,923,902 850,797 29. Nevada NV L 3,321,639 3,015,399 177,446 775,854 4,177,861 3,180,215 30. New Hampshire NH L 10,607,865 8,516,225 3,486,563 2,850,245 16,033,458 15,720,205 31. New Jersey NJ L 62,239,508 56,215,770 19,493,424 20,451,192 108,383,925 99,232,330 32. New Mexico NM L 2,095,148 2,004,118 919,702 937,322 1,402,816 1,585,199 33. New York NY L 72,377,305 69,144,423 25,836,026 21,032,676 160,817,267 147,842,043 34. North Carolina NC L 18,451,475 16,237,411 3,083,211 3,886,546 27,952,218 16,533,514 35. North Dakota ND L 1,510,433 1,066,600 1,261,003 164,074 655,893 807,708 36. Ohio OH L 17,133,151 14,905,461 5,713,470 7,888,883 17,964,786 16,734,316 37. Oklahoma OK L 8,286,910 8,687,612 4,774,020 5,343,823 9,244,817 7,414,610 38. Oregon OR L 6,198,627 5,894,443 3,234,696 9,646,938 16,862,276 11,696,268 39. Pennsylvania PA L 25,715,624 19,107,572 7,911,675 5,396,070 26,482,019 22,514,512 40. Rhode Island RI L 3,933,542 3,921,745 1,403,332 473,148 5,409,965 4,140,035 41. South Carolina SC L 8,787,456 7,278,659 1,353,709 2,075,755 12,042,972 7,652,554 42. South Dakota SD L 1,012,544 747,016 439,509 99,112 (1,176,241) (1,059,175) 43. Tennessee TN L 16,158,820 15,965,615 9,283,404 7,404,715 17,155,709 23,008,270 44. Texas TX L 58,567,348 54,538,061 22,193,400 19,124,312 93,316,187 54,649,223 45. Utah UT L 3,814,244 3,337,620 1,446,038 1,054,458 13,435,026 5,605,453 46. Vermont VT L 3,934,383 2,862,515 706,085 2,490,216 4,843,624 3,322,200 47. Virginia VA L 23,616,854 22,604,734 4,385,046 6,294,097 21,646,899 28,475,906 48. Washington WA L 12,306,747 11,536,792 3,852,474 3,477,378 17,480,649 14,759,613 49. West Virginia WV L 1,539,630 1,628,140 524,396 56,163 2,275,943 1,797,505 50. Wisconsin WI L 16,088,719 13,275,372 4,196,150 3,468,562 14,538,147 12,864,968 51. Wyoming WY L 1,035,002 1,012,720 146,260 290,716 394,356 708,357 52. American Samoa AS N 0 0 0 0 0 0 53. Guam GU N (56) 0 0 0 0 0 54. Puerto Rico PR N 9,868 11,330 0 0 252 102 55. U.S. Virgin Islands VI N 175 0 0 0 0 0 56. Northern Mariana Islands MP N 0 0 0 0 0 0 57. Canada CAN N 230,378 195,414 300 0 368,173 208,423 58. Aggregate Other Alien OT XXX 1,129,858 998,281 11,044 0 122,803 474,525 59. Totals XXX 788,178,742 714,483,240 238,508,399 247,348,909 1,155,646,495 1,002,119,261 DETAILS OF WRITE-INS 58001. AGO Angola XXX 0 0 0 0 0 0 58002. ALB Albania XXX 25 1,500 0 0 0 0 58003. AND Andorra XXX 329 395 0 0 0 176 58998. Summary of remaining write-ins for Line 58 from overflow page XXX 1,129,504 996,386 11,044 0 122,803 474,349 58999. Totals (Lines 58001 through 58003 plus 58998)(Line 58 above) XXX 1,129,858 998,281 11,044 0 122,803 474,525 (a) Active Status Counts: L - Licensed or Chartered - Licensed Insurance carrier or domiciled RRG 51 R - Registered - Non-domiciled RRGs 0 E - Eligible - Reporting entities eligible or approved to write surplus lines in the state (other Q - Qualified - Qualified or accredited reinsurer 0 than their state of domicile - see DSLI) 0 N - None of the above - Not allowed to write D - Domestic Surplus Lines Insurer (DSLI) - Reporting entities authorized to write surplus business in the state 6 lines in the state of domicile 0
10 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY 11 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE Y PART 1A - DETAIL OF INSURANCE HOLDING COMPANY SYSTEM 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Type If of Control Control (Ownership, is Is an Name of Securities Relation- Board, Owner- SCA Exchange Domi- ship Management, ship Filing NAIC if Publicly Traded Names of ciliary to Attorney-in-Fact, Provide Re- Group Company ID Federal (U.S. or Parent, Subsidiaries Loca- Reporting Directly Controlled by Influence, Percen- Ultimate Controlling quired? Code Group Name Code Number RSSD CIK International) Or Affiliates tion Entity (Name of Entity/Person) Other) tage Entity(ies)/Person(s) (Y/N) * The Hanover Insurance Group 80-0266582 440 Lincoln Street Holding Company LLC MA NIA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 84-3300049 AIXHI LLC MA NIA Nova Casualty Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 27-1304098 AIX Insurance Services of California, Inc. CA NIA AIX, Inc. Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 12833 20-5233538 AIX Specialty Insurance Company DE IA Nova Casualty Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 20-3051651 AIX, Inc. DE NIA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 10212 04-3272695 Allmerica Financial Alliance Insurance Co. NH IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 41840 23-2643430 Allmerica Financial Benefit Insurance Co. MI IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 04-3194493 Allmerica Plus Insurance Agency, Inc. MA NIA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group Allmerica Securities Trust MA NIA The Hanover Insurance Group, Inc. Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 54-1632456 Campania Holding Company, Inc. VA NIA The Hanover Insurance Group, Inc. Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 12260 52-1827116 Campmed Casualty & Indemnity Co. Inc. NH IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 31534 38-0421730 Citizens Insurance Company of America MI IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 10714 36-4123481 Citizens Insurance Company of Illinois IL IA Opus Investment Management, Inc. Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 10176 38-3167100 Citizens Insurance Company of Ohio OH IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 10395 35-1958418 Citizens Insurance Company of the Midwest IN IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 27-1652700 CitySquare II Development Co., L.L.C MA NIA Opus Investment Management, Inc. Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 27-3626264 CitySquare II Investment Co., L.L.C MA NIA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 27-2400275 Educators Insurance Agency, Inc. MA NIA The Hanover Insurance Group, Inc. Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 38-4000989 Front Street Financing LLC MA NIA CitySquare II Investment Co. LLC Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N
12 The Hanover Insurance Group 52-1172293 Hanover Specialty Insurance Brokers, Inc. VA NIA Verlan Holdings, Inc. Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 22306 04-2217600 Massachusetts Bay Insurance Company NH IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 84-3309673 NAG Merger LLC MA NIA AIXHI LLC Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 42552 16-1140177 NOVA Casualty Company NY IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 04-2854021 Opus Investment Management, Inc. MA UDP The Hanover Insurance Group, Inc. Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 38-3324634 Professionals Direct, Inc. MI NIA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 36064 04-3063898 The Hanover American Insurance Company NH IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 98-1303999 The Hanover Atlantic Insurance Company Ltd. BMU IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. Y 0088 The Hanover Insurance Group 41602 75-1827351 The Hanover Casualty Company TX IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 22292 13-5129825 The Hanover Insurance Company NH RE Opus Investment Management, Inc. Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 04-3263626 New York Stock Exchange The Hanover Insurance Group, Inc. DE UIP 0.000 N 0088 The Hanover Insurance Group 13147 74-3242673 The Hanover National Insurance Company NH IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 11705 86-1070355 The Hanover New Jersey Insurance Company NH IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 04-2448927 VeraVest Investments, Inc. MA NIA The Hanover Insurance Group, Inc. Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N 0088 The Hanover Insurance Group 10815 52-0903682 Verlan Fire Insurance Company NH IA The Hanover Insurance Company Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N The Hanover Insurance Group 52-2044133 Verlan Holdings, Inc. MD NIA The Hanover Insurance Group, Inc. Ownership, Board,Management 100.000 The Hanover Insurance Group, Inc. N
Asterisk NONEExplanation STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY PART 1 - LOSS EXPERIENCE Current Year to Date 4 1 2 3 Prior Year to Date Direct Premiums Direct Losses Direct Loss Direct Loss Line of Business Earned Incurred Percentage Percentage 1. Fire 4,332,803 1,684,453 38.9 23.7 2. Allied Lines 20,980,486 5,916,801 28.2 38.6 3. Farmowners multiple peril 0 0 0.0 0.0 4. Homeowners multiple peril 71,819,280 46,709,072 65.0 63.2 5. Commercial multiple peril 117,985,800 45,326,244 38.4 37.2 6. Mortgage guaranty 0 0 0.0 0.0 8. Ocean marine 25,994,404 8,384,442 32.3 32.0 9. Inland marine 110,718,723 42,932,417 38.8 39.0 10. Financial guaranty 0 0 0.0 0.0 11.1 Medical professional liability - occurrence 1,042 169 16.2 0.0 11.2 Medical professional liability - claims-made 0 (3) 0.0 0.0 12. Earthquake 1,022,482 41,957 4.1 0.5 13. Group accident and health 0 0 0.0 0.0 14. Credit accident and health 0 0 0.0 0.0 15. Other accident and health 0 0 0.0 0.0 16. Workers’ compensation 36,169,007 11,827,019 32.7 36.2 17.1 Other liability - occurrence 82,418,326 42,798,530 51.9 36.8 17.2 Other liability - claims-made 129,469,972 43,923,486 33.9 48.0 17.3 Excess workers’ compensation 0 0 0.0 0.0 18.1 Products liability - occurrence 1,505,635 1,140,248 75.7 35.9 18.2 Products liability - claims-made 2,632,339 456,774 17.4 9.7 19.1,19.2 Private passenger auto liability 42,539,465 24,638,902 57.9 54.9 19.3,19.4 Commercial auto liability 9,277,312 5,200,553 56.1 68.0 21. Auto physical damage 38,085,059 15,629,306 41.0 39.9 22. Aircraft (all perils) 0 0 0.0 0.0 23. Fidelity 12,311,157 4,131,641 33.6 40.2 24. Surety 35,105,140 22,832,485 65.0 9.0 26. Burglary and theft 5,391,472 3,286,129 61.0 56.3 27. Boiler and machinery 1,735,681 574,378 33.1 30.4 28. Credit 0 0 0.0 0.0 29. International 386,542 178,418 46.2 34.1 30. Warranty 0 0 0.0 0.0 31. Reinsurance - Nonproportional Assumed Property XXX XXX XXX XXX 32. Reinsurance - Nonproportional Assumed Liability XXX XXX XXX XXX 33. Reinsurance - Nonproportional Assumed Financial Lines XXX XXX XXX XXX 34. Aggregate write-ins for other lines of business 0 0 0.0 0.0 35. Totals 749,882,127 327,613,421 43.7 41.5 DETAILS OF WRITE-INS 3401. 3402. 3403. 3498. Summary of remaining write-ins for Line 34 from overflow page 0 0 0.0 0.0 3499. Totals (Lines 3401 through 3403 plus 3498)(Line 34 above) 0 0 0.0 0.0
PART 2 - DIRECT PREMIUMS WRITTEN 1 2 3 Current Prior Year Line of Business Current Quarter Year to Date Year to Date 1. Fire 2,061,175 4,742,292 3,939,652 2. Allied Lines 10,986,597 21,721,266 20,890,291 3. Farmowners multiple peril 0 0 0 4. Homeowners multiple peril 43,436,137 75,382,667 67,939,447 5. Commercial multiple peril 57,637,672 118,152,052 111,755,721 6. Mortgage guaranty 0 0 0 8. Ocean marine 15,983,740 28,379,057 29,022,885 9. Inland marine 63,955,069 118,235,202 105,443,985 10. Financial guaranty 0 0 0 11.1 Medical professional liability - occurrence 0 0 0 11.2 Medical professional liability - claims-made 0 0 0 12. Earthquake 641,568 1,147,947 1,043,516 13. Group accident and health 0 0 0 14. Credit accident and health 0 0 0 15. Other accident and health 0 0 0 16. Workers’ compensation 17,048,389 35,538,220 37,490,321 17.1 Other liability - occurrence 39,992,892 83,942,620 72,915,830 17.2 Other liability - claims-made 63,871,220 139,769,005 122,338,686 17.3 Excess workers’ compensation 0 0 0 18.1 Products liability - occurrence 765,087 1,441,206 1,546,892 18.2 Products liability - claims-made 1,867,999 3,415,746 2,547,115 19.1,19.2 Private passenger auto liability 25,473,492 46,887,745 38,672,936 19.3,19.4 Commercial auto liability 4,371,986 9,270,574 10,306,251 21. Auto physical damage 23,644,191 43,566,347 33,434,920 22. Aircraft (all perils) 0 0 0 23. Fidelity 7,051,761 13,299,279 12,139,065 24. Surety 19,037,420 36,253,465 36,255,863 26. Burglary and theft 2,164,307 4,905,750 4,811,316 27. Boiler and machinery 933,373 1,804,067 1,775,544 28. Credit 0 0 0 29. International 180,099 324,239 213,004 30. Warranty 0 0 0 31. Reinsurance - Nonproportional Assumed Property XXX XXX XXX 32. Reinsurance - Nonproportional Assumed Liability XXX XXX XXX 33. Reinsurance - Nonproportional Assumed Financial Lines XXX XXX XXX 34. Aggregate write-ins for other lines of business 0 0 0 35. Totals 401,104,174 788,178,746 714,483,240 DETAILS OF WRITE-INS 3401. 3402. 3403. 3498. Summary of remaining write-ins for Line 34 from overflow page 0 0 0 3499. Totals (Lines 3401 through 3403 plus 3498)(Line 34 above) 0 0 0
13 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY PART 3 (000 omitted) LOSS AND LOSS ADJUSTMENT EXPENSE RESERVES SCHEDULE 1 2 3 4 5 6 7 8 9 10 11 12 13 Prior Year-End Prior Year-End Q.S. Date Known Known Case Loss IBNR Loss and Prior Year-End 2021 Loss and Q.S. Date Known Case Loss and and LAE Reserves LAE Reserves Total Loss and Total Prior 2021 Loss and LAE Payments on Case Loss and LAE Reserves on Developed Developed LAE Reserve Prior Year- Year-End Loss LAE Payments on Claims Total 2021 Loss LAE Reserves on Claims Reported Total Q.S. Loss (Savings)/ (Savings)/ Developed Years in Which Prior Year-End End IBNR and LAE Claims Reported Unreported and LAE Claims Reported or Reopened Q.S. Date IBNR and LAE Deficiency Deficiency (Savings)/ Losses Known Case Loss Loss and LAE Reserves as of Prior as of Prior Payments and Open as of Subsequent to Loss and LAE Reserves (Cols.4+7 (Cols. 5+8+9 Deficiency Occurred and LAE Reserves Reserves (Cols. 1+2) Year-End Year-End (Cols. 4+5) Prior Year End Prior Year End Reserves (Cols.7+8+9) minus Col. 1) minus Col. 2) (Cols. 11+12) 1. 2018 + Prior 1,123,924 684,533 1,808,457 202,808 7,061 209,869 976,179 19,951 589,483 1,585,613 55,063 (68,038) (12,975) 2. 2019 438,576 396,496 835,072 105,238 15,320 120,558 379,450 23,756 327,480 730,686 46,112 (29,940) 16,172 3. Subtotals 2019 + Prior 1,562,500 1,081,029 2,643,529 308,046 22,381 330,427 1,355,629 43,707 916,963 2,316,299 101,175 (97,978) 3,197 4. 2020 491,001 856,978 1,347,979 222,848 73,285 296,133 353,949 60,255 620,530 1,034,734 85,796 (102,908) (17,112) 5. Subtotals 2020 + Prior 2,053,501 1,938,007 3,991,508 530,894 95,666 626,560 1,709,578 103,962 1,537,493 3,351,033 186,971 (200,886) (13,915) 6. 2021 XXX XXX XXX XXX 389,827 389,827 XXX 329,421 521,398 850,819 XXX XXX XXX 7. Totals 2,053,501 1,938,007 3,991,508 530,894 485,493 1,016,387 1,709,578 433,383 2,058,891 4,201,852 186,971 (200,886) (13,915) 8. Prior Year-End Surplus Col. 11, Line 7 Col. 12, Line 7 Col. 13, Line 7 As Regards As % of Col. 1 As % of Col. 2 As % of Col. 3 Policyholders 2,582,876 Line 7 Line 7 Line 7 1. 9.1 2. (10.4) 3. (0.3) Col. 13, Line 7 As a % of Col. 1
14 Line 8 4. (0.5)
STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SUPPLEMENTAL EXHIBITS AND SCHEDULES INTERROGATORIES
The following supplemental reports are required to be filed as part of your statement filing. However, in the event that your company does not transact the type of business for which the special report must be filed, your response of NO to the specific interrogatory will be accepted in lieu of filing a “NONE” report and a bar code will be printed below. If the supplement is required of your company but is not being filed for whatever reason enter SEE EXPLANATION and provide an explanation following the interrogatory questions.
Response
1. Will the Trusteed Surplus Statement be filed with the state of domicile and the NAIC with this statement? NO
2. Will Supplement A to Schedule T (Medical Professional Liability Supplement) be filed with this statement? NO
3. Will the Medicare Part D Coverage Supplement be filed with the state of domicile and the NAIC with this statement? NO
4. Will the Director and Officer Insurance Coverage Supplement be filed with the state of domicile and the NAIC with this statement? YES
Explanations:
1.
2.
3.
Bar Codes: 1. Trusteed Surplus Statement [Document Identifier 490] *22292202149000002* 2. Supplement A to Schedule T [Document Identifier 455] *22292202145500002* 3. Medicare Part D Coverage Supplement [Document Identifier 365] *22292202136500002*
15 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY OVERFLOW PAGE FOR WRITE-INS
Additional Write-ins for Assets Line 25 Current Statement Date 4 1 2 3 December 31 Net Admitted Assets Prior Year Net Assets Nonadmitted Assets (Cols. 1 - 2) Admitted Assets 2504. Miscellaneous non-admitted assets 63,255,602 63,255,602 0 0 2597. Summary of remaining write-ins for Line 25 from overflow page 63,255,602 63,255,602 0 0
Additional Write-ins for Schedule T Line 58 1 Direct Premiums Written Direct Losses Paid (Deducting Salvage) Direct Losses Unpaid 2 3 4 5 6 7 Active Current Year Prior Year Current Year Prior Year Current Year Prior Year States, etc. Status To Date To Date To Date To Date To Date To Date 58004. ARE United Arab Emirates XXX 5,942 707 0 0 0 1,822 58005. ARG Argentina XXX 1,745 3,654 0 0 0 1,733 58006. ARM Armenia XXX (90) 172 0 0 0 0 58007. AUS Australia XXX 10,690 14,123 0 0 0 10,618 58008. AUT Austria XXX 2,139 7,679 0 0 0 2,408 58009. BEL Belgium XXX 7,897 10,621 0 0 0 3,433 58010. BGD Bangladesh XXX 97 136 0 0 0 0 58011. BGR Bulgaria XXX 499 203 0 0 0 0 58012. BHR Bahrain XXX (242) 101 0 0 0 0 58013. BHS Bahamas XXX 4,354 10,272 0 0 0 2,437 58014. BLZ Belize XXX 17 100 0 0 0 408 58015. BMU Bermuda XXX 247 4 0 0 0 0 58016. BRA Brazil XXX 15,879 17,355 0 0 0 4,262 58017. BTH Bhutan XXX 0 0 0 0 0 0 58018. CHE Switzerland XXX 7,354 8,309 0 0 0 2,064 58019. CHL Chile XXX 2,192 8,182 0 0 0 1,579 58020. CHN China XXX 222,526 204,285 0 0 2,500 126,245 58021. COL Colombia XXX 5,488 3,992 0 0 0 2,593 58022. CRI Costa Rica XXX 2,614 9,060 0 0 0 4,166 58023. CYM Cayman Islands XXX 3,800 2,577 0 0 0 538 58024. CUW Curaçao XXX 0 69 0 0 0 0 58025. CZE Czech Republic XXX 4,277 (1,173) 0 0 0 835 58026. DEU Germany XXX 55,193 62,484 0 0 0 33,555 58027. DNK Denmark XXX 9,737 8,478 0 0 0 2,750 58028. DOM Dominican Republic XXX 6,263 6,142 0 0 0 3,644 58029. DZA Algeria XXX 24 24 0 0 0 0 58030. ECU Ecuador XXX 2,748 2,897 0 0 0 1,513 58031. EGY Egypt XXX 928 393 0 0 0 0 58032. ESP Spain XXX 13,591 10,058 0 0 0 9,033 58033. ETH Ethiopia XXX 21 21 0 0 0 358 58034. FIN Finland XXX 124 353 0 0 0 0 58035. FRA France XXX 83,595 73,539 0 0 0 23,535 58036. FSM Micronesia, Federated States of XXX 150 139 0 0 0 249 58037. GBR United Kingdom XXX 203,839 156,640 11,044 0 10,022 74,296 58038. GRC Greece XXX 233 (115) 0 0 0 740 58039. GTM Guatemala XXX 27 94 0 0 0 2,870 58040. HKG Hong Kong XXX 7,819 12,690 0 0 0 5,842 58041. HND Honduras XXX 21 98 0 0 0 249 58042. HUN Hungary XXX 139 41 0 0 0 450 58043. HRV Croatia XXX 38 72 0 0 0 0 58044. HTI Haiti XXX 0 17 0 0 0 0 58045. IDN Indonesia XXX 379 206 0 0 0 272 58046. IND India XXX 45,423 30,699 0 0 0 16,307 58047. IRL Ireland XXX 8,922 13,188 0 0 0 7,508 58048. ISR Israel XXX 10,812 13,080 0 0 0 2,853 58049. ITA Italy XXX 28,713 20,106 0 0 0 13,439 58050. JAM Jamaica XXX 180 3,643 0 0 0 291 58051. JOR Jordan XXX 153 153 0 0 0 0 58052. JPN Japan XXX 18,825 15,848 0 0 0 15,778 58053. KHM Cambodia XXX 293 381 0 0 0 423 58054. KNA Saint Kitts and Nevis XXX 0 17 0 0 0 0 58055. KOR Korea, Republic of XXX 17,494 17,199 0 0 0 7,043 58056. LBN Lebanon XXX 234 21 0 0 0 2,280 58057. LCA Saint Lucia XXX 0 17 0 0 0 0 58058. LKA Sri Lanka XXX 292 64 0 0 0 0 58059. MAR Morocco XXX 2,348 21 0 0 0 0 58060. MEX Mexico XXX 181,769 153,669 0 0 110,270 40,174 58061. MHL Marshall Islands XXX 2,364 0 0 0 0 3,215 58062. MMR Myanmar XXX 0 0 0 0 0 0 58063. MNG Mongolia XXX 0 0 0 0 0 0 58064. MYS Malaysia XXX 4,974 4,603 0 0 0 1,244 58065. NAM Namibia XXX 0 0 0 0 0 0 58066. NIC Nicaragua XXX 439 12,611 0 0 0 1,716 58067. NLD Netherlands XXX 13,940 21,438 0 0 11 9,583 58068. NOR Norway XXX 1,109 41 0 0 0 0 58069. NZL New Zealand XXX 2,942 2,597 0 0 0 0 58070. PAN Panama XXX 0 89 0 0 0 0 58071. PER Peru XXX 208 4,451 0 0 0 1,974 58072. PHL Philippines XXX 11,054 4,881 0 0 0 1,614 58073. PLW Palau XXX 150 139 0 0 0 0 58074. POL Poland XXX 698 4,485 0 0 0 3,493 58075. PRT Portugal XXX 3,740 664 0 0 0 343 58076. PRY Paraguay XXX 41 41 0 0 0 0 58077. QAT Qatar XXX 68 0 0 0 0 0 58078. ROU Romania XXX 25 0 0 0 0 1,161 58079. RUS Russian Federation XXX 586 156 0 0 0 0 58080. RWA Rwanda XXX 0 80 0 0 0 0 58081. SAU Saudi Arabia XXX 241 1,363 0 0 0 243 58082. SGP Singapore XXX 10,049 3,265 0 0 0 3,934 58083. SLV El Salvador XXX 0 94 0 0 0 0 58084. SVK Slovakia XXX 115 0 0 0 0 0
16 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY OVERFLOW PAGE FOR WRITE-INS Additional Write-ins for Schedule T Line 58 1 Direct Premiums Written Direct Losses Paid (Deducting Salvage) Direct Losses Unpaid 2 3 4 5 6 7 Active Current Year Prior Year Current Year Prior Year Current Year Prior Year States, etc. Status To Date To Date To Date To Date To Date To Date 58085. SWE Sweden XXX 5,407 3,844 0 0 0 2,557 58086. TCA Turks and Caicos Islands XXX 264 264 0 0 0 0 58087. THA Thailand XXX 5,463 2,062 0 0 0 791 58088. TTO Trinidad and Tobago XXX 0 17 0 0 0 0 58089. TUR Turkey XXX 8,981 9,959 0 0 0 1,541 58090. TWN Taiwan, Province of China XXX 10,895 11,451 0 0 0 5,267 58091. TZA United Republic of Tanzania XXX 0 0 0 0 0 1,194 58092. UGA Uganda XXX 283 209 0 0 0 400 58093. VGB British Virgin Islands XXX 0 0 0 0 0 570 58094. VNM Viet Nam XXX 10,067 4,756 0 0 0 2,627 58095. BRB Barbados XXX 870 0 0 0 0 0 58096. ZAF South Africa XXX 785 21 0 0 0 289 58097. BDI Burundi XXX 18,247 0 0 0 0 0 58098. EST Estonia XXX 2,597 0 0 0 0 0 58099. GHA Ghana XXX 17 0 0 0 0 0 58100. ISL Iceland XXX 716 0 0 0 0 0 58101. IRN Iran, Islamic Republic of XXX 115 0 0 0 0 0 58102. KEN Kenya XXX 17 0 0 0 0 0 58103. KIR Kiribati XXX 953 0 0 0 0 0 58104. LVA Latvia XXX 233 0 0 0 0 0 58105. LTU Lithuania XXX 25 0 0 0 0 0 58106. LUX Luxembourg XXX 25 0 0 0 0 0 58107. MNE Montenegro XXX 25 0 0 0 0 0 58108. PRK North Korea XXX 7,711 0 0 0 0 0 58109. PAK Pakistan XXX 51 0 0 0 0 0 58110. SRB Serbia XXX 5,000 0 0 0 0 0 58111. SVN Slovenia XXX 25 0 0 0 0 0 58112. URY Uruguay XXX 237 0 0 0 0 0 58997. Summary of remaining write-ins for Line 58 from overflow page XXX 1,129,504 996,386 11,044 0 122,803 474,349
16.1 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE A - VERIFICATION Real Estate 1 2 Prior Year Ended Year to Date December 31 1. Book/adjusted carrying value, December 31 of prior year 44,788,154 42,511,216 2. Cost of acquired: 2.1 Actual cost at time of acquisition 0 0 2.2 Additional investment made after acquisition 1,345,865 7,137,258 3. Current year change in encumbrances 0 0 4. Total gain (loss) on disposals 0 0 5. Deduct amounts received on disposals 0 0 6. Total foreign exchange change in book/adjusted carrying value 0 0 7. Deduct current year’s other than temporary impairment recognized 0 0 8. Deduct current year’s depreciation 2,226,927 4,860,320 9. Book/adjusted carrying value at the end of current period (Lines 1+2+3+4-5+6-7-8) 43,907,092 44,788,154 10. Deduct total nonadmitted amounts 0 0 11. Statement value at end of current period (Line 9 minus Line 10) 43,907,092 44,788,154
SCHEDULE B - VERIFICATION Mortgage Loans 1 2 Prior Year Ended Year to Date December 31 1. Book value/recorded investment excluding accrued interest, December 31 of prior year 116,077,893 82,424,330 2. Cost of acquired: 2.1 Actual cost at time of acquisition 16,027,994 33,727,788 2.2 Additional investment made after acquisition 0 0 3. Capitalized deferred interest and other 0 0 4. Accrual of discount 6,584 14,693 5. Unrealized valuation increase (decrease) 0 0 6. Total gain (loss) on disposals 0 0 7. Deduct amounts received on disposals 82,556 88,480 8. Deduct amortization of premium and mortgage interest points and commitment fees 0 438 9. Total foreign exchange change in book value/recorded investment excluding accrued interest 0 0 10. Deduct current year’s other than temporary impairment recognized 0 0 11. Book value/recorded investment excluding accrued interest at end of current period (Lines 1+2+3+4+5+6-7-8+9-10) 132,029,915 116,077,893 12. Total valuation allowance 0 0 13. Subtotal (Line 11 plus Line 12) 132,029,915 116,077,893 14. Deduct total nonadmitted amounts 0 0 15. Statement value at end of current period (Line 13 minus Line 14) 132,029,915 116,077,893
SCHEDULE BA - VERIFICATION Other Long-Term Invested Assets 1 2 Prior Year Ended Year to Date December 31 1. Book/adjusted carrying value, December 31 of prior year 597,101,836 572,511,637 2. Cost of acquired: 2.1 Actual cost at time of acquisition 18,625,574 4,165,429 2.2 Additional investment made after acquisition 20,022,691 45,635,160 3. Capitalized deferred interest and other 0 0 4. Accrual of discount 0 0 5. Unrealized valuation increase (decrease) 3,343,945 (3,617,575) 6. Total gain (loss) on disposals 348 0 7. Deduct amounts received on disposals 69,213,502 20,261,771 8. Deduct amortization of premium and depreciation 469,200 144,047 9. Total foreign exchange change in book/adjusted carrying value 0 0 10. Deduct current year’s other than temporary impairment recognized 372,121 1,186,996 11. Book/adjusted carrying value at end of current period (Lines 1+2+3+4+5+6-7-8+9-10) 569,039,570 597,101,836 12. Deduct total nonadmitted amounts 0 0 13. Statement value at end of current period (Line 11 minus Line 12) 569,039,570 597,101,836
SCHEDULE D - VERIFICATION Bonds and Stocks 1 2 Prior Year Ended Year to Date December 31 1. Book/adjusted carrying value of bonds and stocks, December 31 of prior year 6,692,179,252 6,260,349,773 2. Cost of bonds and stocks acquired 854,635,089 1,582,164,205 3. Accrual of discount 2,589,549 5,325,848 4. Unrealized valuation increase (decrease) 109,963,031 39,359,062 5. Total gain (loss) on disposals 9,555,442 15,206,918 6. Deduct consideration for bonds and stocks disposed of 800,570,449 1,170,124,370 7. Deduct amortization of premium 4,345,182 9,479,786 8. Total foreign exchange change in book/adjusted carrying value 0 0 9. Deduct current year’s other than temporary impairment recognized 528,041 34,816,917 10. Total investment income recognized as a result of prepayment penalties and/or acceleration fees 3,262,271 4,194,520 11. Book/adjusted carrying value at end of current period (Lines 1+2+3+4+5-6-7+8-9+10) 6,866,740,962 6,692,179,252 12. Deduct total nonadmitted amounts 830,594 777,664 13. Statement value at end of current period (Line 11 minus Line 12) 6,865,910,368 6,691,401,588
SI01 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE D - PART 1B Showing the Acquisitions, Dispositions and Non-Trading Activity During the Current Quarter for all Bonds and Preferred Stock by NAIC Designation 1 2 3 4 5 6 7 8 Book/Adjusted Book/Adjusted Book/Adjusted Book/Adjusted Book/Adjusted Carrying Value Acquisitions Dispositions Non-Trading Activity Carrying Value Carrying Value Carrying Value Carrying Value Beginning During During During End of End of End of December 31 NAIC Designation of Current Quarter Current Quarter Current Quarter Current Quarter First Quarter Second Quarter Third Quarter Prior Year
BONDS
1. NAIC 1 (a) 3,176,786,180 166,852,779 246,141,908 (9,275,078) 3,176,786,180 3,088,221,973 0 3,175,558,239 2. NAIC 2 (a) 1,776,683,042 124,385,267 151,397,343 9,417,733 1,776,683,042 1,759,088,699 0 1,646,889,133 3. NAIC 3 (a) 140,925,293 14,953,913 4,356,781 10,874,967 140,925,293 162,397,391 0 129,010,086 4. NAIC 4 (a) 87,498,603 5,771,800 5,397,595 (10,411,043) 87,498,603 77,461,766 0 85,639,679 5. NAIC 5 (a) 4,825,448 0 0 (73,798) 4,825,448 4,751,650 0 5,407,283 6. NAIC 6 (a) 2,732 0 2,732 0 2,732 0 0 434,453 7. Total Bonds 5,186,721,297 311,963,759 407,296,359 532,781 5,186,721,297 5,091,921,478 0 5,042,938,873
SI02
PREFERRED STOCK
8. NAIC 1 0 0 0 0 0 0 0 0 9. NAIC 2 4,800,000 0 0 (300,000) 4,800,000 4,500,000 0 4,050,000 10. NAIC 3 0 0 0 0 0 0 0 0 11. NAIC 4 0 0 0 0 0 0 0 0 12. NAIC 5 0 0 0 0 0 0 0 0 13. NAIC 6 4,418,188 0 0 0 4,418,188 4,418,188 0 999,999 14. Total Preferred Stock 9,218,188 0 0 (300,000) 9,218,188 8,918,188 0 5,049,999 15. Total Bonds and Preferred Stock 5,195,939,485 311,963,759 407,296,359 232,781 5,195,939,485 5,100,839,667 0 5,047,988,872 (a) Book/Adjusted Carrying Value column for the end of the current reporting period includes the following amount of short-term and cash equivalent bonds by NAIC designation: NAIC 1 $ 200,874 ; NAIC 2 $ 830,381 ; NAIC 3 $ 0 NAIC 4 $ 0 ; NAIC 5 $ 0 ; NAIC 6 $ 0 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE DA - PART 1 Short-Term Investments 1 2 3 4 5 Paid for Book/Adjusted Interest Collected Accrued Interest Carrying Value Par Value Actual Cost Year-to-Date Year-to-Date
9199999 Totals 1,031,255 XXX 1,044,910 14,800 0
SCHEDULE DA - VERIFICATION Short-Term Investments 1 2
Prior Year Ended Year To Date December 31
1. Book/adjusted carrying value, December 31 of prior year 5,491,151 14,525,948
2. Cost of short-term investments acquired 0 8,029,434
3. Accrual of discount 6,505 24,695
4. Unrealized valuation increase (decrease) 0 0
5. Total gain (loss) on disposals 0 (21,916)
6. Deduct consideration received on disposals 4,450,000 16,873,806
7. Deduct amortization of premium 16,400 193,205
8. Total foreign exchange change in book/adjusted carrying value 0 0
9. Deduct current year’s other than temporary impairment recognized 0 0
10. Book/adjusted carrying value at end of current period (Lines 1+2+3+4+5-6-7+8-9) 1,031,255 5,491,151
11. Deduct total nonadmitted amounts 0 0
12. Statement value at end of current period (Line 10 minus Line 11) 1,031,255 5,491,151
SI03 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY
Schedule DB - Part A - Verification - Options, Caps, Floors, Collars, Swaps and Forwards N O N E
Schedule DB - Part B - Verification - Futures Contracts N O N E
Schedule DB - Part C - Section 1 - Replication (Synthetic Asset) Transactions (RSATs) Open N O N E
Schedule DB-Part C-Section 2-Reconciliation of Replication (Synthetic Asset) Transactions Open N O N E
Schedule DB - Verification - Book/Adjusted Carrying Value, Fair Value and Potential Exposure of Derivatives N O N E
SI04, SI05, SI06, SI07 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE E - PART 2 - VERIFICATION (Cash Equivalents) 1 2
Prior Year Ended Year To Date December 31
1. Book/adjusted carrying value, December 31 of prior year 538,574 71,454,605
2. Cost of cash equivalents acquired 332,257 1,077,357,987
3. Accrual of discount 0 36,461
4. Unrealized valuation increase (decrease) 0 0
5. Total gain (loss) on disposals 0 (1,898)
6. Deduct consideration received on disposals 457,242 1,148,303,000
7. Deduct amortization of premium 2,868 5,581
8. Total foreign exchange change in book/adjusted carrying value 0 0
9. Deduct current year’s other than temporary impairment recognized 0 0
10. Book/adjusted carrying value at end of current period (Lines 1+2+3+4+5-6-7+8-9) 410,721 538,574
11. Deduct total nonadmitted amounts 0 0
12. Statement value at end of current period (Line 10 minus Line 11) 410,721 538,574
SI08 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE A - PART 2 Showing All Real Estate ACQUIRED AND ADDITIONS MADE During the Current Quarter 1 4 5 6 7 8 9 Location 2 3 Additional Book/Adjusted Investment Date Actual Cost at Amount of Carrying Value Made After Description of Property City State Acquired Name of Vendor Time of Acquisition Encumbrances Less Encumbrances Acquisition 440 Lincoln Street Holding Company LLC Worcester MA 01/01/2015 0 0 0 1,106,437 0199999. Acquired by Purchase 0 0 0 1,106,437
0399999 - Totals 0 0 0 1,106,437
SCHEDULE A - PART 3 Showing All Real Estate DISPOSED During the Quarter, Including Payments During the Final Year on “Sales Under Contract” 1 Location 4 5 6 7 8 Change in Book/Adjusted Carrying Value Less Encumbrances 14 15 16 17 18 19 20 2 3 Expended 9 10 11 12 13
for Book/ Total Book/ Gross E01 Additions, Adjusted Total Foreign Adjusted Income Permanent Carrying Current Change in Exchange Carrying Foreign Earned Improve- Value Less Year’s Current Book/ Change in Value Less Exchange Realized Total Less Taxes, ments and Encum- Current Other-Than- Year's Adjusted Book/ Encum- Amounts Gain Gain Gain Interest Repairs Changes brances Year’s Temporary Change in Carrying Adjusted brances Received (Loss) (Loss) (Loss) Incurred on and Disposal Actual in Encum- Prior Depre- Impairment Encum- Value Carrying on During on on on Encum- Expenses Description of Property City State Date Name of Purchaser NONECost brances Year ciation Recognized brances (11-9-10) Value Disposal Year Disposal Disposal Disposal brances Incurred
0399999 - Totals STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE B - PART 2 Showing All Mortgage Loans ACQUIRED AND ADDITIONS MADE During the Current Quarter 1 Location 4 5 6 7 8 9 2 3 Additional Loan Actual Cost at Investment Made Value of Land Loan Number City State Type Date Acquired Rate of Interest Time of Acquisition After Acquisition and Buildings 703449 Denver CO 05/13/2021 1.870 6,037,994 0 11,628,000 0599999. Mortgages in good standing - Commercial mortgages-all other 6,037,994 0 11,628,000 0899999. Total Mortgages in good standing 6,037,994 0 11,628,000 1699999. Total - Restructured Mortgages 0 0 0 2499999. Total - Mortgages with overdue interest over 90 days 0 0 0 3299999. Total - Mortgages in the process of foreclosure 0 0 0
3399999 - Totals 6,037,994 0 11,628,000
E02 SCHEDULE B - PART 3 Showing All Mortgage Loans DISPOSED, Transferred or Repaid During the Current Quarter 1 Location 4 5 6 7 Change in Book Value/Recorded Investment 14 15 16 17 18 2 3 Book Value/ 8 9 10 11 12 13 Book Value/ Recorded Current Recorded Investment Year’s Other- Total Investment Foreign Excluding Unrealized Current Than- Capitalized Change Total Foreign Excluding Exchange Realized Total Accrued Valuation Year’s Temporary Deferred in Exchange Accrued Gain Gain Gain Loan Date Disposal Interest Increase (Amortization) Impairment Interest and Book Value Change in Interest on Consid- (Loss) on (Loss) on (Loss) on Loan Number City State Type Acquired Date Prior Year (Decrease) /Accretion Recognized Other (8+9-10+11) Book Value Disposal eration Disposal Disposal Disposal 703124 Nashville TN 11/14/2018 21,263 0 0 0 0 0 0 21,263 21,263 0 0 0 703340 Washington DC 12/03/2020 24,203 0 24 0 0 24 0 24,227 24,227 0 0 0 0299999. Mortgages with partial repayments 45,466 0 24 0 0 24 0 45,490 45,490 0 0 0
0599999 - Totals 45,466 0 24 0 0 24 0 45,490 45,490 0 0 0 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE BA - PART 2 Showing Other Long-Term Invested Assets ACQUIRED AND ADDITIONS MADE During the Current Quarter 1 2 Location 5 6 7 8 9 10 11 12 13 3 4 NAIC Designation, NAIC Designation Modifier and SVO Commitment Admini- Date Type Actual Cost Additional for CUSIP Name of Vendor strative Originally and at Time of Investment Made Amount of Additional Percentage of Identification Name or Description City State or General Partner Symbol Acquired Strategy Acquisition After Acquisition Encumbrances Investment Ownership 000000-00-0 City Square II Investment LLC WORCESTER MA City Square II Investment LLC 11/01/2010 0 50,764 0 0 100.000 2299999. Joint Venture Interests - Real Estate - Affiliated 0 50,764 0 0 XXX 000000-00-0 AEA Mezzanine Partners IV LP STAMFORD CT AEA Mezzanine Partners IV LP 07/23/2018 0 40,066 0 6,311,130 2.029 000000-00-0 AEA Mezzanine Partners LP STAMFORD CT AEA Mezzanine Partners LP 06/20/2014 0 9,281 0 323,522 1.217 000000-00-0 AEA Middle Market Debt Fnd III STAMFORD CT AEA Middle Market Debt Fnd III 12/14/2016 0 68,503 0 2,808,613 3.478 000000-00-0 AEA Middle Market Debt Fnd IV STAMFORD CT AEA Middle Market Debt Fnd IV 05/31/2019 0 5,626 0 3,405,312 2.198 000000-00-0 Argosy Investment Partners VI, LP WAYNE PA Argosy Investment Partners VI, LP 06/17/2021 542,182 0 0 3,457,818 4.706 000000-00-0 Barings Real Estate Credit Str HARTFORD CT Barings Real Estate Credit Str 03/30/2017 0 377,806 0 3,527,470 3.120 000000-00-0 Heartwood Partners III, LP NORWALK CT Heartwood Partners III, LP 05/30/2018 0 30,257 0 4,506,112 2.000 000000-00-0 Heartwood Partners II, LP NORWALK CT Heartwood Partners II, LP 12/31/2013 0 8,179 0 464,463 2.144 000000-00-0 Falcon Strategic Partners V BOSTON MA Falcon Strategic Partners V 06/13/2016 0 773,792 0 5,164,168 1.788 000000-00-0 Falcon Structured Equity Ptner BOSTON MA Falcon Structured Equity Ptner 05/06/2019 0 58,927 0 3,633,918 2.653 000000-00-0 Falcon Strategic Partners IV BOSTON MA Falcon Strategic Partners IV 12/26/2013 0 356,074 0 1,306,645 1.099 000000-00-0 Harvest Partners SCF, LP NEW YORK NY Harvest Partners SCF, LP 09/27/2016 0 53,874 0 1,012,235 2.659 000000-00-0 Ironwood Mezzanine Fund IV, LP AVON CT Ironwood Mezzanine Fund IV, LP 06/12/2018 0 807,137 0 4,153,138 5.492 000000-00-0 North Haven Credit Partners II NEW YORK NY North Haven Credit Partners II 12/22/2014 0 427,227 0 5,450,862 1.557 000000-00-0 PA Direct Credit Opport. II DARIEN CT PA Direct Credit Opport. II 03/27/2017 0 219,562 0 1,653,322 1.742 000000-00-0 Peninsula Fund VI LP DETROIT MI Peninsula Fund VI LP 12/09/2015 0 115,291 0 679,027 2.239
E03 000000-00-0 Siguler Guff Small Business LP NEW YORK NY Siguler Guff Small Business LP 10/06/2017 0 49,796 0 666,454 6.000 000000-00-0 Siguler Guff Small Business II NEW YORK NY Siguler Guff Small Business II 10/31/2019 0 2,764,000 0 7,897,060 5.960 000000-00-0 North Haven Credit Prtners III NEW YORK NY North Haven Credit Prtners III 12/20/2019 0 581,615 0 15,424,865 2.205 000000-00-0 PENINSULA Fund VII LP DETROIT MI PENINSULA Fund VII LP 02/12/2020 0 1,077,177 0 5,909,995 2.198 000000-00-0 Spire Capital Parnerts IV,LP NEW YORK NY Spire Capital Parnerts IV,LP 08/01/2020 0 (215,259) 0 6,524,442 2.302 000000-00-0 GCG INVESTORS V, LP CHICAGO IL GCG INVESTORS V, LP 10/01/2020 0 488,286 0 8,695,409 3.571 2599999. Joint Venture Interests - Other - Unaffiliated 542,182 8,097,217 0 92,975,980 XXX 4899999. Total - Unaffiliated 542,182 8,097,217 0 92,975,980 XXX 4999999. Total - Affiliated 0 50,764 0 0 XXX 5099999 - Totals 542,182 8,147,981 0 92,975,980 XXX
SCHEDULE BA - PART 3 Showing Other Long-Term Invested Assets DISPOSED, Transferred or Repaid During the Current Quarter 1 2 Location 5 6 7 8 Change in Book/Adjusted Carrying Value 15 16 17 18 19 20 3 4 9 10 11 12 13 14 Book/ Current Book/ Adjusted Year’s Total Total Adjusted Carrying Current Other Change in Foreign Carrying Value Year’s Than Capital- Book/ Exchange Value Foreign Less Unrealized (Depre- Temporary ized Adjusted Change in Less Exchange Encum- Valuation ciation) or Impair- Deferred Carrying Book/ Encum- Gain Realized Total Date brances, Increase (Amorti- ment Interest Value Adjusted brances (Loss) Gain Gain Invest- CUSIP Name of Purchaser or Originally Disposal Prior (De- zation)/ Recog- and (9+10- Carrying on Consid- on (Loss) on (Loss) on ment Identification Name or Description City State Nature of Disposal Acquired Date Year crease) Accretion nized Other 11+12) Value Disposal eration Disposal Disposal Disposal Income 000000-00-0 AEA Mezzanine Partners IV LP STAMFORD CT Return of Capital 07/23/2018 04/07/2021 108,421 0 0 0 0 0 0 108,421 108,421 0 0 0 0 000000-00-0 AEA Mezzanine Partners LP STAMFORD CT Return of Capital 06/20/2014 05/17/2021 41,412 0 0 0 0 0 0 41,412 41,412 0 0 0 0 000000-00-0 AEA Middle Market Debt Fnd III STAMFORD CT Return of Capital 12/14/2016 04/26/2021 170,482 0 0 0 0 0 0 170,482 170,482 0 0 0 0 000000-00-0 AEA Middle Market Debt Fnd IV STAMFORD CT Return of Capital 05/31/2019 04/26/2021 19,710 0 0 0 0 0 0 19,710 19,710 0 0 0 0 000000-00-0 Barings Real Estate Credit Str HARTFORD CT Return of Capital 03/30/2017 06/21/2021 951,033 0 0 0 0 0 0 951,033 951,033 0 0 0 0 000000-00-0 Falcon Strategic Partners V BOSTON MA Return of Capital 06/13/2016 06/30/2021 1,146,300 0 0 0 0 0 0 1,146,300 1,146,300 0 0 0 0 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE BA - PART 3 Showing Other Long-Term Invested Assets DISPOSED, Transferred or Repaid During the Current Quarter 1 2 Location 5 6 7 8 Change in Book/Adjusted Carrying Value 15 16 17 18 19 20 3 4 9 10 11 12 13 14 Book/ Current Book/ Adjusted Year’s Total Total Adjusted Carrying Current Other Change in Foreign Carrying Value Year’s Than Capital- Book/ Exchange Value Foreign Less Unrealized (Depre- Temporary ized Adjusted Change in Less Exchange Encum- Valuation ciation) or Impair- Deferred Carrying Book/ Encum- Gain Realized Total Date brances, Increase (Amorti- ment Interest Value Adjusted brances (Loss) Gain Gain Invest- CUSIP Name of Purchaser or Originally Disposal Prior (De- zation)/ Recog- and (9+10- Carrying on Consid- on (Loss) on (Loss) on ment Identification Name or Description City State Nature of Disposal Acquired Date Year crease) Accretion nized Other 11+12) Value Disposal eration Disposal Disposal Disposal Income 000000-00-0 Falcon Structured Equity Ptner BOSTON MA Return of Capital 05/06/2019 06/14/2021 1,119,729 0 0 0 0 0 0 1,119,729 1,119,729 0 0 0 0 000000-00-0 Falcon Strategic Partners IV BOSTON MA Return of Capital 12/26/2013 06/30/2021 679,378 0 0 0 0 0 0 679,378 679,378 0 0 0 0 000000-00-0 GCG Investors IV, LP CHICAGO IL Return of Capital 03/14/2017 05/25/2021 607,259 0 0 0 0 0 0 607,259 607,259 0 0 0 0 000000-00-0 Ironwood Mezzanine Fund IV, LP AVON CT Return of Capital 06/12/2018 06/09/2021 228,703 0 0 0 0 0 0 228,703 228,703 0 0 0 0 000000-00-0 LBC Credit Partners III, LP PHILADELPHIA PA Return of Capital 11/21/2013 05/05/2021 5,021 0 0 0 0 0 0 5,021 5,021 0 0 0 0 000000-00-0 LBC Credit Partners IV, LP PHILADELPHIA PA Return of Capital 01/13/2017 05/05/2021 2,454,108 0 0 0 0 0 0 2,454,108 2,454,108 0 0 0 0 000000-00-0 North Haven Credit Partners II NEW YORK NY Return of Capital 12/22/2014 04/29/2021 1,814,421 0 0 0 0 0 0 1,814,421 1,814,421 0 0 0 0 000000-00-0 New Canaan Funding Mezz VI, LP NEW CANAAN CT Return of Capital 11/09/2015 04/07/2021 255,529 0 0 0 0 0 0 255,529 255,529 0 0 0 0 000000-00-0 PA Direct Credit Opport. II DARIEN CT Return of Capital 03/27/2017 05/28/2021 923,505 0 0 0 0 0 0 923,505 923,505 0 0 0 0 000000-00-0 Peninsula Fund VI LP DETROIT MI Return of Capital 12/09/2015 06/29/2021 573,084 0 0 0 0 0 0 573,084 573,084 0 0 0 0 000000-00-0 Siguler Guff Small Business LP NEW YORK NY Return of Capital 10/06/2017 05/13/2021 29,025 0 0 0 0 0 0 29,025 29,025 0 0 0 0 000000-00-0 TCW Direct Lending LLC LOS ANGELES CA Return of Capital 03/31/2015 05/14/2021 279,970 0 0 0 0 0 0 279,970 279,970 0 0 0 0 000000-00-0 Siguler Guff Small Business II NEW YORK NY Return of Capital 10/31/2019 05/18/2021 358,792 0 0 0 0 0 0 358,792 358,792 0 0 0 0 000000-00-0 North Haven Credit Prtners III NEW YORK NY Return of Capital 12/20/2019 04/20/2021 169,316 0 0 0 0 0 0 169,316 169,316 0 0 0 0 000000-00-0 PA Direct Credit Opport. III DARIEN CT Return of Capital 10/01/2020 05/12/2021 192,672 0 0 0 0 0 0 192,672 192,672 0 0 0 0 2599999. Joint Venture Interests - Other - Unaffiliated 12,127,869 0 0 0 0 0 0 12,127,869 12,127,869 0 0 0 0 000000-00-0 10 & 120 South Riverside Plaza - MBS CHICAGO IL 10 & 120 South Riverside Plaza - MBS 01/23/2014 06/01/2021 40,597 0 0 0 0 0 0 40,597 40,597 0 0 0 0
000000-00-0 Birkdale Village - MBS HUNTERSVILLE NC Birkdale Village - MBS 03/27/2014 06/01/2021 48,634 0 0 0 0 0 0 48,634 48,634 0 0 0 0 E03.1 000000-00-0 Benchmark 320 East 22nd Street - MBS NEW YORK NY Benchmark 320 East 22nd Street - MBS 10/09/2014 06/01/2021 37,176 0 0 0 0 0 0 37,176 37,176 0 0 0 0 000000-00-0 RP 275 Battery - MBS SAN FRANCISCO CA RP 275 Battery - MBS 12/18/2014 04/07/2021 10,000,000 0 0 0 0 0 0 10,000,000 10,000,000 0 0 0 0 000000-00-0 MF Houston Virage - MBS HOUSTON TX MF Houston Virage - MBS 12/16/2014 06/01/2021 46,727 0 0 0 0 0 0 46,727 46,727 0 0 0 0 000000-00-0 Utopia Center - MBS QUEENS NY Utopia Center - MBS 05/01/2015 06/01/2021 24,273 0 0 0 0 0 0 24,273 24,273 0 0 0 0 000000-00-0 Mall at Bay Plaza - MBS BRONX NY Mall at Bay Plaza - MBS 08/31/2015 06/01/2021 46,200 0 0 0 0 0 0 46,200 46,200 0 0 0 0 000000-00-0 JW Marriott Miami - MBS MIAMI FL Adjustment 07/22/2015 04/01/2021 (30,389) 0 0 0 0 0 0 (30,389) (30,389) 0 0 0 0 000000-00-0 Washington Square Mall - MBS PORTLAND OR Washington Square Mall - MBS 10/29/2015 06/01/2021 48,425 0 0 0 0 0 0 48,425 48,425 0 0 0 0 000000-00-0 Towers at Williams Square - MBS IRVING TX Towers at Williams Square - MBS 10/27/2015 06/01/2021 53,131 0 0 0 0 0 0 53,131 53,131 0 0 0 0 000000-00-0 Grand Bohemian - MBS ORLANDO FL Grand Bohemian - MBS 02/26/2016 06/01/2021 43,993 0 0 0 0 0 0 43,993 43,993 0 0 0 0 000000-00-0 Hyatt Regency Boston - MBS BOSTON MA Hyatt Regency Boston - MBS 06/23/2016 06/01/2021 49,499 0 0 0 0 0 0 49,499 49,499 0 0 0 0 000000-00-0 Ardmore Kings Grant - MBS CONCORD NC Ardmore Kings Grant - MBS 07/07/2016 06/01/2021 22,387 0 0 0 0 0 0 22,387 22,387 0 0 0 0 000000-00-0 Hotel Van Zandt - MBS AUSTIN TX Hotel Van Zandt - MBS 10/05/2017 06/01/2021 40,915 0 0 0 0 0 0 40,915 40,915 0 0 0 0 2999999. Collateral Loans - Unaffiliated 10,471,567 0 0 0 0 0 0 10,471,567 10,471,567 0 0 0 0 4899999. Total - Unaffiliated 22,599,436 0 0 0 0 0 0 22,599,436 22,599,436 0 0 0 0 4999999. Total - Affiliated 0 0 0 0 0 0 0 0 0 0 0 0 0 5099999 - Totals 22,599,436 0 0 0 0 0 0 22,599,436 22,599,436 0 0 0 0 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE D - PART 3 Show All Long-Term Bonds and Stock Acquired During the Current Quarter 1 2 3 4 5 6 7 8 9 10 NAIC Designation, NAIC Designation Modifier and SVO Number of Paid for Accrued Admini- CUSIP Date Shares of Interest and strative Identification Description Foreign Acquired Name of Vendor Stock Actual Cost Par Value Dividends Symbol 36179W-BY-3 G2 MA7255 - RMBS 05/25/2021 INL 7,165,923 6,899,121 0 1.A 912810-SU-3 UNITED STATES TREASURY 05/18/2021 GOLDMAN 1,873,430 2,100,000 10,116 1.A 912828-ZT-0 UNITED STATES TREASURY 06/03/2021 B.A. Securities Inc. 10,850,039 11,000,000 1,052 1.A 91282C-CB-5 UNITED STATES TREASURY 06/28/2021 Various 4,528,398 4,500,000 5,608 1.A 0599999. Subtotal - Bonds - U.S. Governments 24,417,790 24,499,121 16,776 XXX 446222-UV-1 HUNTINGTON BEACH CALIF UN HIGH SCH DIST 05/13/2021 WELLS FARGO SECURITIES LLC 2,000,000 2,000,000 0 1.D FE 802385-SD-7 SANTA MONICA CALIF CMNTY COLLEGE DIST 06/24/2021 KEY CAPITAL MARKETS 492,990 500,000 3,769 1.C FE 2499999. Subtotal - Bonds - U.S. Political Subdivisions of States, Territories and Possessions 2,492,990 2,500,000 3,769 XXX 302975-BE-6 FREMF 2020-K105 B - CMBS 06/17/2021 Various 9,466,013 8,745,000 16,267 1.A 302984-AS-8 FREMF 2020-K104 B - CMBS 06/09/2021 PPM 8,159,224 7,470,000 7,343 1.A 30300Y-AU-3 FREMF 2017-K67 C - CMBS 04/01/2021 PPM (2,242,078) (2,100,000) (5,292) 1.A 3133KL-A9-8 FH RA4532 - RMBS 06/04/2021 BAM-FI 17,973,978 17,300,414 5,084 1.A 3133L8-B6-1 FH RC1861 - RMBS 04/01/2021 PPM (25,740) (25,066) (25) 1.A 3136A4-HQ-5 FNR 2012-20 QZ - CMO/RMBS 06/01/2021 Direct 8,510 8,510 0 1.A 3140QG-5K-9 FN CA8949 - RMBS 04/01/2021 BARCLAYS CAPITAL INC (49,906) (48,349) (44) 1.A 3140QG-NQ-6 FEDERAL NATIONAL MORTGAGE ASSOCIATION - 05/19/2021 ROBERT W. BAIRD 8,044,111 7,748,692 6,995 1.A 3140QG-RN-9 FN CA8592 - RMBS 06/15/2021 CMG 8,819,837 8,480,613 8,834 1.A 3140QK-6D-5 FN CB0867 - RMBS 06/10/2021 INL 3,164,118 2,958,416 3,739 1.A
E04 3140XA-2W-1 FN FM7088 - RMBS 06/22/2021 BAM-FI 16,438,607 15,834,901 23,093 1.A 3140XA-GK-2 FN FM6501 - RMBS 04/01/2021 CMG (18,086) (17,575) (16) 1.A 31418D-YC-0 FN MA4306 - RMBS 04/01/2021 BARCLAYS CAPITAL INC (17,877) (17,349) (16) 1.A 31418D-Z8-8 FN MA4366 - RMBS 05/20/2021 WELLS FARGO SECURITIES LLC 10,397,568 10,005,178 9,032 1.A 54628C-MK-5 LOUISIANA LOC GOVT ENVIRONMENTAL FACS & 06/04/2021 RAMIREZ & CO. 708,358 700,000 3,573 1.E FE 594698-SC-7 MICHIGAN ST STRATEGIC FD LTD OBLIG REV 06/23/2021 SALOMON BROTHERS INC 1,500,000 1,500,000 0 1.D FE 64990F-E2-6 NEW YORK STATE DORMITORY AUTHORITY 06/16/2021 Various 1,999,984 2,000,000 0 1.B FE 66285W-D5-2 NORTH TEX TWY AUTH REV 05/06/2021 RBC CAPITAL MARKETS 1,000,000 1,000,000 0 1.E FE 66285W-D6-0 NORTH TEX TWY AUTH REV 05/06/2021 RBC CAPITAL MARKETS 375,000 375,000 0 1.E FE 679191-LF-1 OKLAHOMA ST UNIV AGRICULTURAL MECHANICAL 04/15/2021 RBC CAPITAL MARKETS 500,000 500,000 0 1.D FE 759136-VG-6 REGIONAL TRANSN DIST COLO SALES TAX REV 05/21/2021 MORGAN STANLEY CO 583,035 595,000 2,247 1.C FE 91412H-GG-2 UNIVERSITY CALIF REVS 05/26/2021 RBC CAPITAL MARKETS 925,471 950,000 554 1.C FE 91412H-JT-1 UNIVERSITY CALIF REVS 05/26/2021 RAYMOND JAMES & ASSOCIATES 724,167 730,000 3,238 1.C FE 914437-VE-5 UNIVERSITY MASS BLDG AUTH REV 05/21/2021 MORGAN STANLEY CO 995,550 1,000,000 1,405 1.C FE 3199999. Subtotal - Bonds - U.S. Special Revenues 89,429,845 85,693,384 86,014 XXX 00108W-AN-0 AEP TEXAS INC 05/04/2021 SCOTIA CAPITAL (USA) INC. 498,510 500,000 0 2.A FE 00507V-AP-4 ACTIVISION BLIZZARD INC 06/15/2021 US BANCORP INVESTMENTS INC. 1,990,161 2,143,000 7,393 2.A FE 02344A-AA-6 AMCOR FLEXIBLES NORTH AMERICA INC 05/18/2021 B.A. Securities Inc. 2,398,944 2,400,000 0 2.B FE 031162-CU-2 AMGEN INC 05/13/2021 B.A. Securities Inc. 2,022,760 2,000,000 11,706 2.A FE 031162-CW-8 AMGEN INC 06/17/2021 SALOMON BROTHERS INC 1,609,344 1,600,000 11,858 2.A FE 03674X-AS-5 ANTERO RESOURCES CORP 05/17/2021 JP Morgan Securities LLC 180,000 180,000 0 3.C FE 04636N-AE-3 ASTRAZENECA FINANCE LLC 05/25/2021 MORGAN STANLEY CO 798,640 800,000 0 2.A FE 05551X-AE-9 BGME TRUST 2021-VR - CMBS 04/08/2021 GOLDMAN 3,970,336 4,000,000 6,654 1.D FE 064159-4B-9 BANK OF NOVA SCOTIA C 06/21/2021 SCOTIA CAPITAL (USA) INC. 3,994,880 4,000,000 0 1.F FE 072863-AH-6 BAYLOR SCOTT & WHITE HOLDINGS 06/02/2021 KEY CAPITAL MARKETS 1,731,609 1,789,000 1,678 1.D FE 08163E-BC-8 BMARK 2021-B26 A4 - CMBS 05/13/2021 Deutsche Bank Securities, Inc. 8,079,686 8,000,000 13,260 1.A FE 09659W-2K-9 BNP PARIBAS SA C 06/28/2021 FIRST BOSTON 2,519,160 2,400,000 33,979 1.G FE 09951L-AB-9 BOOZ ALLEN HAMILTON INC 06/07/2021 B.A. Securities Inc. 72,000 72,000 0 3.C FE 10921U-2A-5 BRIGHTHOUSE FINANCIAL GLOBAL FUNDING 04/06/2021 JP Morgan Securities LLC 299,505 300,000 0 1.G FE 10921U-2C-1 BRIGHTHOUSE FINANCIAL GLOBAL FUNDING 05/17/2021 JP Morgan Securities LLC 2,564,218 2,570,000 0 1.G FE 10921U-2E-7 BRIGHTHOUSE FINANCIAL GLOBAL FUNDING 06/21/2021 JP Morgan Securities LLC 2,397,192 2,400,000 0 1.G FE 11133T-AE-3 BROADRIDGE FINANCIAL SOLUTIONS INC 06/17/2021 JP Morgan Securities LLC 4,022,440 4,000,000 3,929 2.A FE 120568-BC-3 BUNGE LIMITED FINANCE CORP 05/07/2021 GOLDMAN 3,988,880 4,000,000 0 2.C FE 126307-BH-9 CSC HOLDINGS LLC 04/30/2021 JP Morgan Securities LLC 800,000 800,000 0 3.C FE 126307-BK-2 CSC HOLDINGS LLC 04/30/2021 JP Morgan Securities LLC 801,500 800,000 0 4.C FE 131347-CR-5 CALPINE CORP 05/03/2021 JHY 574,500 600,000 8,688 3.A FE 14879E-AH-1 CATALENT PHARMA SOLUTIONS INC 04/14/2021 BARCLAYS CAPITAL INC 751,750 775,000 3,633 4.A FE 15135B-AY-7 CENTENE CORP 06/24/2021 JP Morgan Securities LLC 800,000 800,000 0 3.A FE STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE D - PART 3 Show All Long-Term Bonds and Stock Acquired During the Current Quarter 1 2 3 4 5 6 7 8 9 10 NAIC Designation, NAIC Designation Modifier and SVO Number of Paid for Accrued Admini- CUSIP Date Shares of Interest and strative Identification Description Foreign Acquired Name of Vendor Stock Actual Cost Par Value Dividends Symbol 224044-CN-5 COX COMMUNICATIONS INC 05/18/2021 WELLS FARGO SECURITIES LLC 1,593,824 1,600,000 0 2.B FE 22788C-AA-3 CROWDSTRIKE HOLDINGS INC 04/06/2021 SALOMON BROTHERS INC 1,372,000 1,400,000 9,100 3.C FE 251526-CK-3 DEUTSCHE BANK AG (NEW YORK BRANCH) 05/25/2021 Deutsche Bank Securities, Inc. 2,400,000 2,400,000 0 2.C FE 25160P-AF-4 DEUTSCHE BANK AG (NEW YORK BRANCH) 05/25/2021 MITSUBISHI UFJ SECURITIES 2,425,440 2,400,000 7,643 2.A FE 25470X-BC-8 DISH DBS CORP 05/11/2021 MORGAN STANLEY CO 798,500 800,000 0 4.C FE 25755T-AN-0 DPABS 211 AI - RMBS 04/12/2021 Various 3,612,094 3,600,000 0 2.A FE 25755T-AP-5 DPABS 211 AII - RMBS 04/09/2021 Various 3,616,125 3,600,000 0 2.A FE 26884L-AM-1 EQT CORP 05/10/2021 B.A. Securities Inc. 75,000 75,000 0 3.B FE 278642-AW-3 EBAY INC 05/03/2021 B.A. Securities Inc. 1,634,464 1,600,000 6,480 2.A FE 278642-AY-9 EBAY INC 05/03/2021 SALOMON BROTHERS INC 1,599,296 1,600,000 0 2.A FE 28415L-AA-1 ELASTIC NV 06/30/2021 JP Morgan Securities LLC 400,000 400,000 0 4.A FE 29362U-AD-6 ENTEGRIS INC 04/16/2021 MORGAN STANLEY CO 180,000 180,000 0 3.B FE 29444U-BQ-8 EQUINIX INC 05/04/2021 Various 2,047,195 2,050,000 0 2.B FE 29444U-BR-6 EQUINIX INC 05/03/2021 B.A. Securities Inc. 2,387,088 2,400,000 0 2.B FE 29670G-AD-4 ESSENTIAL UTILITIES INC 06/11/2021 FIRST BOSTON 2,491,272 2,400,000 10,816 2.B FE 29670G-AF-9 ESSENTIAL UTILITIES INC 05/10/2021 Various 4,538,482 4,550,000 2,070 2.B FE 30225V-AF-4 EXTRA SPACE STORAGE LP 05/05/2021 JP Morgan Securities LLC 2,396,376 2,400,000 0 2.B FE 30300Y-AU-3 FREMF 2017-K67 C - CMBS 04/01/2021 PPM 2,242,078 2,100,000 5,292 1.D FM
E04.1 31428X-CD-6 FEDEX CORP 04/20/2021 WELLS FARGO SECURITIES LLC 3,986,840 4,000,000 0 2.B FE 31428X-CE-4 FEDEX CORP 04/20/2021 WELLS FARGO SECURITIES LLC 249,010 250,000 0 2.B FE 33939H-AA-7 FLEX INTERMEDIATE HOLDCO LLC 05/24/2021 RBC CAPITAL MARKETS 2,399,928 2,400,000 0 2.C FE 363576-AA-7 ARTHUR J GALLAGHER & CO 05/19/2021 Various 3,970,432 4,000,000 129 2.B FE 363576-AB-5 ARTHUR J GALLAGHER & CO 06/23/2021 GOLDMAN 521,315 500,000 1,701 2.B FE 366651-AG-2 GARTNER INC 06/18/2021 B.A. Securities Inc. 804,000 800,000 322 3.C FE 378272-BD-9 GLENCORE FUNDING LLC 04/21/2021 MIZUHO SECURITIES USA/FIXED INCOME 1,598,320 1,600,000 0 2.A FE 38141G-YG-3 GOLDMAN SACHS GROUP INC 06/07/2021 GOLDMAN 1,000,000 1,000,000 0 1.F FE 382550-BL-4 GOODYEAR TIRE & RUBBER CO 05/13/2021 JP Morgan Securities LLC 180,000 180,000 0 3.C FE 404280-CT-4 HSBC HOLDINGS PLC C 05/18/2021 MITSUBISHI UFJ SECURITIES 1,602,784 1,600,000 0 1.F FE 40434L-AG-0 HP INC 06/08/2021 Various 3,984,440 4,000,000 0 2.B FE 431571-AE-8 HILLENBRAND INC 04/13/2021 JHY 1,580,000 1,600,000 7,000 3.A FE 436440-AP-6 HOLOGIC INC 06/03/2021 Various 2,161,750 2,200,000 18,047 3.C FE 440452-AH-3 HORMEL FOODS CORP 05/25/2021 B.A. Securities Inc. 1,596,112 1,600,000 0 1.F FE 45167R-AH-7 IDEX CORP 05/18/2021 Various 3,997,008 4,000,000 0 2.B FE 46647P-CB-0 JPMORGAN CHASE & CO 04/16/2021 JP Morgan Securities LLC 2,101,377 2,100,000 0 1.F FE 476556-DD-4 JERSEY CENTRAL POWER & LIGHT CO 06/08/2021 MORGAN STANLEY CO 1,595,616 1,600,000 0 2.B FE 52736R-BJ-0 LEVI STRAUSS & CO 04/22/2021 JHY 479,400 480,000 3,127 3.B FE 55354G-AM-2 MSCI INC 04/30/2021 JP Morgan Securities LLC 200,000 200,000 0 3.A FE 59833C-AA-0 MIDWEST CONNECTOR CAPITAL COMPANY LLC 04/14/2021 STC 3,475,625 3,350,000 5,444 2.B FE 629377-CQ-3 NRG ENERGY INC 06/23/2021 B.A. Securities Inc. 967,500 1,000,000 19,031 3.B FE 62944T-AF-2 NVR INC 06/04/2021 Various 4,180,928 4,000,000 33,867 2.A FE 65249B-AA-7 NEWS CORP 04/08/2021 B.A. Securities Inc. 72,000 72,000 0 3.B FE 65339K-BW-9 NEXTERA ENERGY CAPITAL HOLDINGS INC 06/02/2021 FIRST BOSTON 3,497,935 3,500,000 0 2.A FE 65409Q-BH-4 NIELSEN FINANCE LLC 06/04/2021 Various 901,800 900,000 900 4.B FE 665501-AM-4 NORTHERN NATURAL GAS CO 04/20/2021 Various 498,443 500,000 307 1.F FE 67066G-AM-6 NVIDIA CORP 06/14/2021 MORGAN STANLEY CO 1,594,928 1,600,000 0 1.G FE 67066G-AN-4 NVIDIA CORP 06/14/2021 MORGAN STANLEY CO 1,592,944 1,600,000 0 1.G FE 681919-BD-7 OMNICOM GROUP INC 04/28/2021 SALOMON BROTHERS INC 2,146,195 2,150,000 0 2.A FE 68245X-AH-2 1011778 BC UNLIMITED LIABILITY CO C 06/15/2021 JP Morgan Securities LLC 721,800 720,000 8,603 3.B FE 68622T-AA-9 ORGANON FINANCE 1 LLC 04/08/2021 MORGAN STANLEY CO 360,000 360,000 0 3.B FE 71427Q-AA-6 PERNOD RICARD INTERNATIONAL FINANCE LLC 05/12/2021 B.A. Securities Inc. 1,279,760 1,350,000 2,016 2.A FE 744538-AE-9 PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE 06/01/2021 MIZUHO SECURITIES USA/FIXED INCOME 378,883 380,000 0 1.E FE 760759-AV-2 REPUBLIC SERVICES INC 06/10/2021 Jefferies 1,623,568 1,600,000 10,529 2.B FE 76174L-AA-1 REYNOLDS GROUP ISSUER LLC 04/15/2021 SALOMON BROTHERS INC 1,398,250 1,400,000 622 4.A FE 78449R-AA-3 SLG 21OVA A - CMBS 06/16/2021 WFM 7,962,388 7,700,000 12,719 1.A FE 78486Q-AH-4 SVB FINANCIAL GROUP 05/11/2021 Various 4,004,686 4,000,000 0 2.B FE 79466L-AH-7 SALESFORCE.COM INC 06/29/2021 JP Morgan Securities LLC 1,591,744 1,600,000 0 1.F FE 79466L-AJ-3 SALESFORCE.COM INC 06/29/2021 B.A. Securities Inc. 1,595,376 1,600,000 0 1.F FE STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE D - PART 3 Show All Long-Term Bonds and Stock Acquired During the Current Quarter 1 2 3 4 5 6 7 8 9 10 NAIC Designation, NAIC Designation Modifier and SVO Number of Paid for Accrued Admini- CUSIP Date Shares of Interest and strative Identification Description Foreign Acquired Name of Vendor Stock Actual Cost Par Value Dividends Symbol 80281L-AQ-8 SANTANDER UK GROUP HOLDINGS PLC C 06/07/2021 JP Morgan Securities LLC 1,600,000 1,600,000 0 2.A FE 817565-CF-9 SERVICE CORPORATION INTERNATIONAL 04/14/2021 B.A. Securities Inc. 470,400 480,000 2,745 3.C FE 817565-CG-7 SERVICE CORPORATION INTERNATIONAL 05/10/2021 JP Morgan Securities LLC 400,000 400,000 0 3.C FE 81762P-AE-2 SERVICENOW INC 04/16/2021 RBC CAPITAL MARKETS 3,692,448 4,000,000 7,560 2.A FE 82967N-BJ-6 SIRIUS XM RADIO INC 06/07/2021 JP Morgan Securities LLC 320,000 320,000 0 3.C FE 83088M-AK-8 SKYWORKS SOLUTIONS INC 05/12/2021 JP Morgan Securities LLC 999,520 1,000,000 0 2.C FE 83088M-AL-6 SKYWORKS SOLUTIONS INC 05/12/2021 JP Morgan Securities LLC 597,684 600,000 0 2.C FE 83368R-BC-5 SOCIETE GENERALE SA C 06/03/2021 SOCIETE GENERALE 3,697,188 3,700,000 0 2.B FE 83368R-BD-3 SOCIETE GENERALE SA C 06/03/2021 SOCIETE GENERALE 1,592,288 1,600,000 0 2.B FE 84859D-AA-5 SPIRE MISSOURI INC 05/13/2021 JP Morgan Securities LLC 498,575 500,000 0 1.F FE 855244-AW-9 STARBUCKS CORP 06/15/2021 FIRST BOSTON 4,033,640 4,000,000 23,750 2.B FE 87264A-CC-7 T-MOBILE USA INC 05/10/2021 JP Morgan Securities LLC 360,900 360,000 2,678 3.B FE 87264A-CD-5 T-MOBILE USA INC 05/10/2021 JP Morgan Securities LLC 363,600 360,000 1,688 3.B FE 88033G-DL-1 TENET HEALTHCARE CORP 05/18/2021 BARCLAYS CAPITAL INC 720,000 720,000 0 4.A FE 907818-FV-5 UNION PACIFIC CORP 05/17/2021 MORGAN STANLEY CO 497,455 500,000 0 2.A FE 91324P-ED-0 UNITEDHEALTH GROUP INC 05/17/2021 SALOMON BROTHERS INC 699,937 700,000 0 1.F FE 91533B-AC-4 VIATRIS INC 05/18/2021 Jefferies 2,442,192 2,400,000 22,693 2.C FE 92840V-AH-5 VISTRA OPERATIONS COMPANY LLC 06/29/2021 MORGAN STANLEY CO 1,459,063 1,450,000 8,987 3.B FE
E04.2 94106L-BQ-1 WASTE MANAGEMENT INC 04/28/2021 GOLDMAN 2,149,828 2,150,000 0 2.A FE 95058X-AK-4 WEN 211 A2 - RMBS 06/16/2021 Various 4,013,969 4,000,000 0 2.B FE 95058X-AL-2 WEN 211 A2I - RMBS 06/16/2021 Various 4,019,594 4,000,000 0 2.B FE 963320-AY-2 WHIRLPOOL CORP 04/29/2021 WELLS FARGO SECURITIES LLC 4,466,523 4,480,000 332 2.B FE 3899999. Subtotal - Bonds - Industrial and Miscellaneous (Unaffiliated) 195,623,133 195,296,000 338,972 XXX 8399997. Total - Bonds - Part 3 311,963,759 307,988,505 445,530 XXX 8399998. Total - Bonds - Part 5 XXX XXX XXX XXX 8399999. Total - Bonds 311,963,759 307,988,505 445,530 XXX 8999997. Total - Preferred Stocks - Part 3 0 XXX 0 XXX 8999998. Total - Preferred Stocks - Part 5 XXX XXX XXX XXX 8999999. Total - Preferred Stocks 0 XXX 0 XXX 049560-10-5 ATMOS ENERGY ORD 04/07/2021 Fidelity Capital Markets 3,320.000 324,394 0 125896-10-0 CMS ENERGY ORD 06/08/2021 Fidelity Capital Markets 12,960.000 794,798 0 375558-10-3 GILEAD SCIENCES ORD 06/02/2021 Fidelity Capital Markets 48,240.000 3,180,434 0 493267-10-8 KEYCORP ORD 06/18/2021 Fidelity Capital Markets 78,400.000 1,583,508 0 58933Y-10-5 MERCK & CO ORD 06/03/2021 Spin Off 50,710.000 2,180,958 0 68622V-10-6 ORGANON ORD 06/03/2021 Spin Off 5,071.000 106,298 0 84857L-10-1 SPIRE ORD 06/23/2021 Fidelity Capital Markets 21,360.000 1,586,223 0 857477-10-3 STATE STREET ORD 04/19/2021 Fidelity Capital Markets 4,960.000 395,288 0 9099999. Subtotal - Common Stocks - Industrial and Miscellaneous (Unaffiliated) Publicly Traded 10,151,902 XXX 0 XXX 31338#-11-2 FEDERAL HOME LOAN BANK OF BOSTON 06/24/2021 FEDERAL HOME LOAN BANK OF BOSTON 29,040.000 2,904,000 0 9199999. Subtotal - Common Stocks - Industrial and Miscellaneous (Unaffiliated) Other 2,904,000 XXX 0 XXX 9799997. Total - Common Stocks - Part 3 13,055,902 XXX 0 XXX 9799998. Total - Common Stocks - Part 5 XXX XXX XXX XXX 9799999. Total - Common Stocks 13,055,902 XXX 0 XXX 9899999. Total - Preferred and Common Stocks 13,055,902 XXX 0 XXX 9999999 - Totals 325,019,660 XXX 445,530 XXX STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE D - PART 4 Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter 1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22 11 12 13 14 15 NAIC Desig- nation, NAIC Total Total Desig- Current Change in Foreign Bond nation Year's Book/ Exchange Book/ Interest/ Modifier Prior Year Current Other Than Adjusted Change in Adjusted Foreign Stock Stated and Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized Dividends Con- SVO CUSIP Number of Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Received tractual Admini- Ident- For- Disposal Name Shares of Consid- Actual Carrying Increase/ tization)/ Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on During Maturity strative ification Description eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal Year Date Symbol 36202E-T2-5 G2 004169 - RMBS 06/01/2021 Paydown 15,472 15,472 17,193 17,342 0 (1,870) 0 (1,870) 0 15,472 0 0 0 353 06/20/2038 1.A 3620AR-3K-5 GN 738002 - RMBS 06/01/2021 Paydown 77,439 77,439 82,279 81,499 0 (4,059) 0 (4,059) 0 77,439 0 0 0 1,323 02/15/2041 1.A 3622A2-CH-3 GN 783672 - RMBS 06/01/2021 Paydown 111,291 111,291 116,369 116,143 0 (4,852) 0 (4,852) 0 111,291 0 0 0 1,409 10/15/2042 1.A 38377L-LN-6 GNR 2010-116 GW - CMO/RMBS 06/01/2021 Paydown 33,034 33,034 33,364 33,087 0 (53) 0 (53) 0 33,034 0 0 0 407 12/20/2039 1.A 38377T-GQ-8 GNR 2011-011 PC - CMO/RMBS 06/02/2021 Various 31,141 31,135 31,680 31,214 0 (50) 0 (50) 0 31,164 0 (23) (23) 297 04/20/2040 1.A 38377T-MF-5 GNR 2011-003 JC - CMO/RMBS 06/01/2021 Paydown 48,502 48,502 47,410 47,994 0 507 0 507 0 48,502 0 0 0 497 07/20/2040 1.A 38378F-GE-4 GNR 2013-009 PT - CMO/RMBS 06/02/2021 Various 119,013 115,990 121,608 122,151 0 (148) 0 (148) 0 122,003 0 (2,990) (2,990) 1,764 01/20/2043 1.A 38378V-2P-9 GNR 2013-117 B - CMO/RMBS 06/01/2021 Paydown 181,858 181,858 174,697 179,847 0 2,011 0 2,011 0 181,858 0 0 0 2,243 10/20/2040 1.A 38380T-B7-0 GNR 2017-107 T - CMO/RMBS 06/01/2021 Paydown 1,138,682 1,138,682 1,161,278 1,157,416 0 (18,735) 0 (18,735) 0 1,138,682 0 0 0 14,411 01/20/2047 1.A 38380Y-R4-9 GNR 2018-122 HA - CMO/RMBS 06/01/2021 Paydown 506,046 506,046 504,702 504,903 0 1,143 0 1,143 0 506,046 0 0 0 7,456 05/20/2045 1.A 38381R-3C-1 GNR 2019-038 JG - CMO/RMBS 06/01/2021 Paydown 379,212 379,212 380,041 379,976 0 (764) 0 (764) 0 379,212 0 0 0 4,945 03/20/2049 1.A 38382A-NY-7 GNR 2019-125 EA - CMO/RMBS 06/01/2021 Paydown 1,061,592 1,061,592 1,057,123 1,056,304 0 5,288 0 5,288 0 1,061,592 0 0 0 6,800 10/20/2049 1.A JP Morgan Securities LLC 912828-V2-3 UNITED STATES TREASURY 05/14/2021 15,786 15,000 15,075 15,033 0 (4) 0 (4) 0 15,029 0 757 757 128 12/31/2023 1.A JP Morgan Securities LLC 912828-V9-8 UNITED STATES TREASURY 05/14/2021 53,484 50,000 48,893 49,285 0 41 0 41 0 49,325 0 4,159 4,159 845 02/15/2027 1.A
E05 JP Morgan Securities LLC 912828-W4-8 UNITED STATES TREASURY 05/14/2021 31,547 30,000 29,655 29,837 0 19 0 19 0 29,855 0 1,692 1,692 454 02/29/2024 1.A 0599999. Subtotal - Bonds - U.S. Governments 3,804,099 3,795,252 3,821,367 3,822,031 0 (21,527) 0 (21,527) 0 3,800,504 0 3,595 3,595 43,333 XXX XXX 041042-WJ-7 ARKANSAS ST 06/01/2021 Transfer 3,447,981 3,440,000 3,451,524 3,440,861 0 (718) 0 (718) 0 3,440,143 0 7,838 7,838 94,600 07/01/2021 1.C FE 882722-KE-0 TEXAS ST 04/01/2021 Call @ 100.00 25,000 25,000 25,000 25,000 0 0 0 0 0 25,000 0 0 0 671 04/01/2029 1.A FE 924258-VU-7 VERMONT ST 06/17/2021 Call @ 100.00 2,000,000 2,000,000 2,037,040 2,000,000 0 0 0 0 0 2,000,000 0 0 0 66,272 08/15/2024 1.B FE 1799999. Subtotal - Bonds - U.S. States, Territories and Possessions 5,472,981 5,465,000 5,513,564 5,465,861 0 (718) 0 (718) 0 5,465,143 0 7,838 7,838 161,543 XXX XXX 03588E-4G-5 ANNE ARUNDEL CNTY MD 04/22/2021 Call @ 100.00 500,000 500,000 528,155 500,000 0 0 0 0 0 500,000 0 0 0 16,750 04/01/2040 1.B FE 249174-XB-4 DENVER COLO CITY & CNTY SCH DIST NO 1 06/01/2021 Transfer 1,094,480 1,000,000 991,960 994,161 0 458 0 458 0 994,619 0 99,861 99,861 15,345 12/01/2025 1.B FE 613478-KF-2 MONTGOMERY CNTY OHIO 06/01/2021 Transfer 1,500,291 1,480,000 1,463,853 1,477,952 0 921 0 921 0 1,478,872 0 21,418 21,418 22,200 12/01/2021 1.C FE 64327T-AU-2 NEW CASTLE CNTY DEL 06/01/2021 Transfer 2,044,445 1,965,000 2,185,394 2,002,784 0 (10,101) 0 (10,101) 0 1,992,683 0 51,762 51,762 64,785 07/15/2022 1.A FE 655867-RX-9 NORFOLK VA 06/01/2021 Transfer 1,507,155 1,500,000 1,560,360 1,505,751 0 (4,090) 0 (4,090) 0 1,501,662 0 5,493 5,493 38,563 08/01/2021 1.B FE 776154-UA-2 ROMEOVILLE ILL 06/01/2021 Transfer 1,124,574 1,110,000 1,110,000 1,110,000 0 0 0 0 0 1,110,000 0 14,574 14,574 16,295 12/30/2021 1.C FE 930863-U2-9 WAKE CNTY N C 04/01/2021 Call @ 100.00 2,000,000 2,000,000 2,073,315 2,000,000 0 0 0 0 0 2,000,000 0 0 0 34,000 06/01/2027 1.A FE 941247-Z3-5 WATERBURY CONN 06/01/2021 Transfer 1,019,090 1,000,000 1,000,000 1,000,000 0 0 0 0 0 1,000,000 0 19,090 19,090 19,955 12/01/2021 1.D FE 2499999. Subtotal - Bonds - U.S. Political Subdivisions of States, Territories and Possessions 10,790,035 10,555,000 10,913,038 10,590,648 0 (12,812) 0 (12,812) 0 10,577,836 0 212,199 212,199 227,893 XXX XXX 196479-U6-4 COLORADO HSG & FIN AUTH 05/03/2021 Call @ 100.00 10,000 10,000 10,000 10,000 0 0 0 0 0 10,000 0 0 0 184 05/01/2027 1.A FE 196479-U7-2 COLORADO HSG & FIN AUTH 05/03/2021 Call @ 100.00 5,000 5,000 5,000 5,000 0 0 0 0 0 5,000 0 0 0 92 11/01/2027 1.A FE 196479-U8-0 COLORADO HSG & FIN AUTH 05/03/2021 Call @ 100.00 10,000 10,000 10,000 10,000 0 0 0 0 0 10,000 0 0 0 185 05/01/2028 1.A FE 196479-U9-8 COLORADO HSG & FIN AUTH 05/03/2021 Call @ 100.00 10,000 10,000 10,000 10,000 0 0 0 0 0 10,000 0 0 0 189 11/01/2028 1.A FE 196479-VN-6 COLORADO HSG & FIN AUTH 05/03/2021 Call @ 100.00 1,200,000 1,200,000 1,200,000 1,200,000 0 0 0 0 0 1,200,000 0 0 0 13,988 09/01/2041 1.A FE 196479-WK-1 COLORADO HSG & FIN AUTH 05/03/2021 Call @ 100.00 35,000 35,000 35,000 35,000 0 0 0 0 0 35,000 0 0 0 504 05/01/2022 1.A FE 196479-WL-9 COLORADO HSG & FIN AUTH 05/03/2021 Call @ 100.00 35,000 35,000 35,000 35,000 0 0 0 0 0 35,000 0 0 0 522 11/01/2022 1.A FE 196479-WN-5 COLORADO HSG & FIN AUTH 05/03/2021 Call @ 100.00 30,000 30,000 30,000 30,000 0 0 0 0 0 30,000 0 0 0 474 11/01/2023 1.A FE 196480-GG-6 COLORADO HSG & FIN AUTH 06/01/2021 Paydown 609,689 609,689 607,593 607,624 0 2,065 0 2,065 0 609,689 0 0 0 6,327 04/01/2050 1.A FE 20281P-BB-7 COMMONWEALTH FING AUTH PA REV 06/01/2021 Call @ 100.00 280,000 280,000 281,400 280,334 0 (54) 0 (54) 0 280,279 0 (279) (279) 7,883 06/01/2023 1.E FE 210295-DC-2 CONSOLIDATED WYO MUNICIPALTIES ELEC PWR 06/01/2021 Maturity @ 100.00 1,770,000 1,770,000 1,770,000 1,770,000 0 0 0 0 0 1,770,000 0 0 0 47,604 06/01/2021 1.E FE 254846-CZ-9 DISTRICT ENERGY CORP NEB FAC REV 04/01/2021 Call @ 100.00 760,000 760,000 770,123 760,000 0 0 0 0 0 760,000 0 0 0 29,013 07/01/2023 1.C FE 254846-DA-3 DISTRICT ENERGY CORP NEB FAC REV 04/01/2021 Call @ 100.00 685,000 685,000 757,178 685,000 0 0 0 0 0 685,000 0 0 0 26,921 07/01/2024 1.C FE 3128JM-TH-0 FH 1B2451 - RMBS 06/01/2021 Paydown 9,400 9,400 9,300 8,817 0 583 0 583 0 9,400 0 0 0 154 11/01/2035 1.A 3128LX-QN-3 FH G02261 - RMBS 06/01/2021 Paydown 40,358 40,358 42,306 42,611 0 (2,254) 0 (2,254) 0 40,358 0 0 0 882 12/01/2035 1.A 3128M8-G9-9 FH G06224 - RMBS 06/01/2021 Paydown 91,204 91,204 87,100 88,088 0 3,116 0 3,116 0 91,204 0 0 0 1,295 01/01/2041 1.A 3128ME-WZ-0 FH G15864 - RMBS 06/01/2021 Paydown 65,647 65,647 69,114 67,983 0 (2,335) 0 (2,335) 0 65,647 0 0 0 842 07/01/2031 1.A 3128MF-AN-8 FH G16113 - RMBS 06/01/2021 Paydown 44,328 44,327 45,720 45,314 0 (987) 0 (987) 0 44,327 0 0 0 570 03/01/2032 1.A 3128MJ-3J-7 FH G08800 - RMBS 06/01/2021 Paydown 940,041 940,041 929,907 931,321 0 8,720 0 8,720 0 940,041 0 0 0 13,300 02/01/2048 1.A 3128MJ-W9-7 FH G08671 - RMBS 06/01/2021 Paydown 83,493 83,493 85,431 85,197 0 (1,705) 0 (1,705) 0 83,493 0 0 0 1,185 10/01/2045 1.A 3128MJ-WV-8 FH G08659 - RMBS 06/03/2021 Various 1,262,868 1,211,403 1,204,021 1,204,765 0 1,580 0 1,580 0 1,206,345 0 56,523 56,523 20,646 08/01/2045 1.A STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE D - PART 4 Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter 1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22 11 12 13 14 15 NAIC Desig- nation, NAIC Total Total Desig- Current Change in Foreign Bond nation Year's Book/ Exchange Book/ Interest/ Modifier Prior Year Current Other Than Adjusted Change in Adjusted Foreign Stock Stated and Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized Dividends Con- SVO CUSIP Number of Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Received tractual Admini- Ident- For- Disposal Name Shares of Consid- Actual Carrying Increase/ tization)/ Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on During Maturity strative ification Description eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal Year Date Symbol 3128MJ-XA-3 FH G08672 - RMBS 06/03/2021 Various 2,647,458 2,457,077 2,615,408 2,601,498 0 10,143 0 10,143 0 2,611,642 0 35,816 35,816 51,070 10/01/2045 1.A 3128MJ-XE-5 FH G08676 - RMBS 06/01/2021 Paydown 645,894 645,894 664,216 659,901 0 (14,007) 0 (14,007) 0 645,894 0 0 0 9,108 11/01/2045 1.A 3128MJ-XJ-4 FH G08680 - RMBS 06/01/2021 Paydown 880,009 880,009 878,570 878,921 0 1,088 0 1,088 0 880,009 0 0 0 10,542 12/01/2045 1.A 3128MJ-XR-6 FH G08687 - RMBS 06/03/2021 Various 3,557,905 3,366,367 3,527,321 3,486,671 0 13,895 0 13,895 0 3,500,566 0 57,339 57,339 60,754 01/01/2046 1.A 3128MJ-Y5-3 FH G08731 - RMBS 06/01/2021 Paydown 420,641 420,641 413,806 415,833 0 4,808 0 4,808 0 420,641 0 0 0 4,192 11/01/2046 1.A 3128MJ-YS-3 FH G08720 - RMBS 06/03/2021 Various 1,217,142 1,124,401 1,179,216 1,181,416 0 (732) 0 (732) 0 1,180,684 0 36,458 36,458 26,339 08/01/2046 1.A 3128MJ-ZB-9 FH G08737 - RMBS 06/01/2021 Paydown 1,377,401 1,377,401 1,396,340 1,390,123 0 (12,722) 0 (12,722) 0 1,377,401 0 0 0 16,534 12/01/2046 1.A 3128MJ-ZF-0 FH G08741 - RMBS 06/01/2021 Paydown 175,373 175,373 175,175 175,173 0 200 0 200 0 175,373 0 0 0 2,106 01/01/2047 1.A 3128MM-TC-7 FH G18546 - RMBS 06/01/2021 Paydown 87,712 87,712 92,577 91,129 0 (3,418) 0 (3,418) 0 87,712 0 0 0 1,288 03/01/2030 1.A 3128MM-VL-4 FH G18618 - RMBS 06/01/2021 Paydown 240,274 240,274 226,904 228,993 0 11,281 0 11,281 0 240,274 0 0 0 1,972 11/01/2031 1.A 3128MM-YP-2 FH G18717 - RMBS 06/01/2021 Paydown 100,003 100,003 102,128 102,242 0 (2,240) 0 (2,240) 0 100,003 0 0 0 1,653 12/01/2033 1.A 3128P7-5M-1 FH C91752 - RMBS 06/01/2021 Paydown 25,086 25,086 26,352 25,936 0 (850) 0 (850) 0 25,086 0 0 0 358 02/01/2034 1.A 3128P8-E8-0 FH C91959 - RMBS 06/01/2021 Paydown 479,832 479,832 463,226 464,660 0 15,173 0 15,173 0 479,832 0 0 0 5,977 11/01/2037 1.A 31292L-AD-7 FH C03604 - RMBS 06/01/2021 Paydown 64,257 64,257 61,365 61,776 0 2,481 0 2,481 0 64,257 0 0 0 833 12/01/2040 1.A 312943-NE-9 FH A94889 - RMBS 06/01/2021 Paydown 728,258 728,258 745,438 741,020 0 (12,762) 0 (12,762) 0 728,258 0 0 0 11,071 11/01/2040 1.A
31323A-BM-3 FH T65444 - RMBS 06/01/2021 Paydown 525,140 525,140 520,627 521,988 0 3,151 0 3,151 0 525,140 0 0 0 6,328 11/01/2047 1.A E05.1 3132AE-J7-2 FH ZT2086 - RMBS 06/01/2021 Paydown 984,759 984,759 1,008,224 1,016,353 0 (31,594) 0 (31,594) 0 984,759 0 0 0 14,045 06/01/2049 1.A 3132AE-KL-9 FH ZT2099 - RMBS 06/01/2021 Paydown 106,511 106,511 109,990 109,932 0 (3,421) 0 (3,421) 0 106,511 0 0 0 1,305 11/01/2046 1.A 3132D6-NU-0 FH SB8503 - RMBS 06/01/2021 Paydown 107,822 107,822 113,011 112,852 0 (5,030) 0 (5,030) 0 107,822 0 0 0 1,060 08/01/2035 1.A 3132DM-SK-2 FH SD0522 - RMBS 06/01/2021 Paydown 49,234 49,234 52,380 0 0 (3,146) 0 (3,146) 0 49,234 0 0 0 349 12/01/2050 1.A 3132DV-3J-2 FH SD8001 - RMBS 06/01/2021 Paydown 511,485 511,485 524,033 527,211 0 (15,726) 0 (15,726) 0 511,485 0 0 0 7,214 07/01/2049 1.A 3132DV-3N-3 FH SD8005 - RMBS 06/01/2021 Paydown 1,352,883 1,352,883 1,387,339 1,398,077 0 (45,194) 0 (45,194) 0 1,352,883 0 0 0 19,041 08/01/2049 1.A 3132DV-4V-4 FH SD8036 - RMBS 06/01/2021 Paydown 719,388 719,388 730,291 730,796 0 (11,408) 0 (11,408) 0 719,388 0 0 0 8,582 01/01/2050 1.A 3132DV-LC-7 FH SD7523 - RMBS 06/01/2021 Various 30,783 36,223 38,436 38,410 0 (12,756) 0 (12,756) 0 25,654 0 5,130 5,130 23,671 08/01/2050 1.A 3132DV-LG-8 FH SD7527 - RMBS 06/01/2021 Paydown 133,009 133,009 138,496 138,490 0 (5,481) 0 (5,481) 0 133,009 0 0 0 1,131 11/01/2050 1.A 3132DV-LH-6 FH SD7528 - RMBS 06/01/2021 Paydown 92,939 92,939 96,374 96,337 0 (3,398) 0 (3,398) 0 92,939 0 0 0 775 11/01/2050 1.A 3132GS-N6-2 FH Q07313 - RMBS 06/01/2021 Paydown 94,044 94,044 97,187 96,270 0 (2,226) 0 (2,226) 0 94,044 0 0 0 1,350 03/01/2042 1.A 3132WD-BP-8 FH Q40045 - RMBS 06/03/2021 Various 806,368 765,092 791,631 786,105 0 726 0 726 0 786,830 0 19,538 19,538 13,673 04/01/2046 1.A 3132WH-5N-1 FH Q44452 - RMBS 06/01/2021 Paydown 984,169 984,169 988,713 986,969 0 (2,800) 0 (2,800) 0 984,169 0 0 0 11,779 11/01/2046 1.A 3132WJ-ZS-3 FH Q45252 - RMBS 06/01/2021 Paydown 1,158,539 1,158,539 1,138,445 1,143,989 0 14,550 0 14,550 0 1,158,539 0 0 0 13,856 01/01/2047 1.A 3132WK-Q8-4 FH Q45878 - RMBS 06/01/2021 Paydown 695,460 695,460 691,819 692,452 0 3,008 0 3,008 0 695,460 0 0 0 8,903 12/01/2046 1.A 31334Y-CU-9 FH QA1883 - RMBS 06/03/2021 Various 1,553,536 1,454,640 1,531,463 1,529,364 0 (3,669) 0 (3,669) 0 1,525,695 0 27,841 27,841 29,792 08/01/2049 1.A 31335A-BE-7 FH G60037 - RMBS 06/01/2021 Paydown 475,835 475,835 462,601 463,273 0 12,562 0 12,562 0 475,835 0 0 0 5,833 10/01/2043 1.A 31335B-C2-0 FH G60989 - RMBS 06/01/2021 Paydown 413,452 413,452 412,483 412,542 0 910 0 910 0 413,452 0 0 0 5,058 12/01/2046 1.A 31335B-M6-0 FH G61281 - RMBS 06/01/2021 Paydown 665,089 665,089 691,354 688,829 0 (23,740) 0 (23,740) 0 665,089 0 0 0 9,404 01/01/2048 1.A 3133A2-D6-4 FH QA7325 - RMBS 06/01/2021 Paydown 201,169 201,169 206,261 206,277 0 (5,108) 0 (5,108) 0 201,169 0 0 0 2,470 02/01/2050 1.A 3133EJ-UT-4 FEDERAL FARM CREDIT BANKS FUNDING CORP 06/01/2021 Transfer 2,512,476 2,500,000 2,500,000 2,500,000 0 0 0 0 0 2,500,000 0 12,476 12,476 73,792 07/23/2025 1.A 3133EJ-VQ-9 FEDERAL FARM CREDIT BANKS FUNDING CORP 06/01/2021 Transfer 4,075,290 4,050,000 4,066,200 4,053,379 0 (2,391) 0 (2,391) 0 4,050,989 0 24,301 24,301 127,150 08/02/2028 1.A 3133GA-F2-7 FH QN3785 - RMBS 06/01/2021 Paydown 47,218 47,218 49,283 49,237 0 (2,019) 0 (2,019) 0 47,218 0 0 0 394 10/01/2035 1.A 3133KJ-4H-2 FH RA3524 - RMBS 06/01/2021 Paydown 19,285 19,285 20,063 20,041 0 (756) 0 (756) 0 19,285 0 0 0 159 09/01/2050 1.A 3133KL-H2-6 FH RA4749 - RMBS 06/01/2021 Paydown 300,397 300,397 310,113 0 0 (9,716) 0 (9,716) 0 300,397 0 0 0 1,231 03/01/2051 1.A 3133L8-B6-1 FH RC1861 - RMBS 06/01/2021 Paydown 50,496 50,496 51,853 0 0 (1,357) 0 (1,357) 0 50,496 0 0 0 142 03/01/2036 1.A 3133TH-V7-9 FHR 2113 QG - CMO/RMBS 06/01/2021 Paydown 10,016 10,016 10,114 10,088 0 (72) 0 (72) 0 10,016 0 0 0 249 01/15/2029 1.A 31346Y-VM-2 FH QA5120 - RMBS 06/01/2021 Paydown 699,363 699,363 723,567 723,961 0 (24,599) 0 (24,599) 0 699,363 0 0 0 9,718 11/01/2049 1.A 3136A0-3K-1 FNR 2011-87 LB - CMO/RMBS 06/01/2021 Paydown 308,370 308,370 323,789 311,139 0 (2,769) 0 (2,769) 0 308,370 0 0 0 4,566 09/25/2026 1.A 3136A5-ZR-0 FNR 2012-54 WA - CMO/RMBS 06/01/2021 Paydown 124,180 124,180 123,869 123,888 0 291 0 291 0 124,180 0 0 0 1,518 04/25/2032 1.A 3136A8-LL-2 FNR 2012-93 TY - CMO/RMBS 06/01/2021 Paydown 198,601 198,601 186,876 189,939 0 8,662 0 8,662 0 198,601 0 0 0 1,608 06/25/2042 1.A 3136AA-EK-7 FNR 2012-129 TD - CMO/RMBS 06/01/2021 Paydown 4,601 4,601 4,609 4,608 0 (6) 0 (6) 0 4,601 0 0 0 37 05/25/2040 1.A 3136AC-3H-2 FNR 2013-14 NG - CMO/RMBS 06/02/2021 Various 77,739 80,319 80,721 80,849 0 29 0 29 0 80,878 0 (3,139) (3,139) 620 03/25/2043 1.A 3136AE-BJ-5 FNR 2013-47 YA - CMO/RMBS 06/01/2021 Paydown 162,901 162,901 153,738 155,731 0 7,170 0 7,170 0 162,901 0 0 0 1,306 05/25/2040 1.A 3136AE-J3-2 FNR 2013-52 MG - CMO/RMBS 06/02/2021 Various 114,261 117,356 117,608 117,606 0 17 0 17 0 117,622 0 (3,361) (3,361) 743 06/25/2043 1.A 3136AE-R2-5 FNR 2013-52 EB - CMO/RMBS 06/01/2021 Paydown 19,017 19,017 19,088 19,034 0 (18) 0 (18) 0 19,017 0 0 0 92 03/25/2043 1.A 3136AG-SU-7 FNR 2013-104 JA - CMO/RMBS 06/01/2021 Paydown 198,287 198,287 201,599 198,767 0 (479) 0 (479) 0 198,287 0 0 0 2,409 12/25/2030 1.A 3136AG-ZA-3 FNR 2013-101 A - CMO/RMBS 06/01/2021 Paydown 111,458 111,458 113,008 111,650 0 (192) 0 (192) 0 111,458 0 0 0 1,401 09/25/2030 1.A STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE D - PART 4 Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter 1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22 11 12 13 14 15 NAIC Desig- nation, NAIC Total Total Desig- Current Change in Foreign Bond nation Year's Book/ Exchange Book/ Interest/ Modifier Prior Year Current Other Than Adjusted Change in Adjusted Foreign Stock Stated and Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized Dividends Con- SVO CUSIP Number of Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Received tractual Admini- Ident- For- Disposal Name Shares of Consid- Actual Carrying Increase/ tization)/ Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on During Maturity strative ification Description eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal Year Date Symbol 3136AH-6F-2 FNR 2014-5 JL - CMO/RMBS 06/01/2021 Paydown 423,180 423,180 442,290 431,016 0 (7,836) 0 (7,836) 0 423,180 0 0 0 6,939 02/25/2044 1.A 3136AH-H9-4 FNR 2013-130 A - CMO/RMBS 06/01/2021 Paydown 65,726 65,726 65,360 65,471 0 255 0 255 0 65,726 0 0 0 846 01/25/2044 1.A 3136AH-M2-3 FNR 2013-130 AG - CMO/RMBS 06/01/2021 Paydown 178,736 178,736 180,860 180,370 0 (1,634) 0 (1,634) 0 178,736 0 0 0 2,877 10/25/2043 1.A 3136AK-2Y-8 FNR 2014-64 TY - CMO/RMBS 06/01/2021 Paydown 1,116,061 1,116,061 1,094,786 1,108,399 0 7,662 0 7,662 0 1,116,061 0 0 0 13,361 09/25/2042 1.A 3136AL-KL-4 FNR 2014-72 MH - CMO/RMBS 06/02/2021 Various 106,977 104,124 109,330 106,696 0 (33) 0 (33) 0 106,663 0 314 314 1,827 03/25/2044 1.A 3136AR-PP-7 FNR 2016-11 LA - CMO/RMBS 06/01/2021 Paydown 133,012 133,012 133,739 133,157 0 (145) 0 (145) 0 133,012 0 0 0 2,042 05/25/2042 1.A 3136AX-C8-6 FNR 2017-69 EG - CMO/RMBS 06/01/2021 Paydown 369,053 369,053 368,328 368,316 0 737 0 737 0 369,053 0 0 0 4,665 09/25/2047 1.A 3136B0-CA-2 FNR 2017-97 HP - CMO/RMBS 06/01/2021 Paydown 136,353 136,353 132,316 132,933 0 3,421 0 3,421 0 136,353 0 0 0 1,703 07/25/2047 1.A 3136B1-LV-4 FNR 2018-24 VD - CMO/RMBS 06/01/2021 Paydown 52,220 52,220 52,677 52,436 0 (216) 0 (216) 0 52,220 0 0 0 762 04/25/2031 1.A 3136B3-VJ-6 FNR 2018-96 BH - CMO/RMBS 06/01/2021 Paydown 730,472 730,472 754,811 749,680 0 (19,208) 0 (19,208) 0 730,472 0 0 0 12,443 09/25/2047 1.A 3136B5-QE-8 FNR 2019-45 CL - CMO/RMBS 06/01/2021 Paydown 962,689 962,689 962,538 962,564 0 125 0 125 0 962,689 0 0 0 11,560 08/25/2049 1.A 3136B6-YL-1 FNR 2019-66 LA - CMO/RMBS 06/01/2021 Paydown 742,143 742,143 734,953 735,743 0 6,400 0 6,400 0 742,143 0 0 0 4,295 11/25/2049 1.A 3137A1-PS-6 FHR 3734 B - CMO/RMBS 06/01/2021 Paydown 75,443 75,443 75,608 75,412 0 31 0 31 0 75,443 0 0 0 1,107 09/15/2025 1.A 3137A3-H7-7 FHR 3751 HB - CMO/RMBS 06/01/2021 Paydown 444,473 444,473 444,473 444,473 0 0 0 0 0 444,473 0 0 0 6,438 11/15/2025 1.A 3137A4-2G-1 FHR 3777 DY - CMO/RMBS 06/01/2021 Paydown 182,861 182,861 188,689 184,174 0 (1,314) 0 (1,314) 0 182,861 0 0 0 2,653 12/15/2025 1.A
3137A6-L6-7 FHR 3814 B - CMO/RMBS 06/01/2021 Paydown 64,419 64,420 67,713 65,182 0 (762) 0 (762) 0 64,420 0 0 0 806 02/15/2026 1.A E05.2 3137A7-4Z-0 FHR 3803 PC - CMO/RMBS 06/01/2021 Paydown 14,585 14,585 14,531 14,552 0 33 0 33 0 14,585 0 0 0 197 01/15/2041 1.A 3137AE-G8-2 FHR 3903 QC - CMO/RMBS 06/02/2021 Various 7,480 7,540 7,676 7,566 0 (22) 0 (22) 0 7,543 0 (63) (63) 73 03/15/2041 1.A 3137AH-2W-7 FHR 3936 AB - CMO/RMBS 06/01/2021 Paydown 100,259 100,259 102,201 100,630 0 (372) 0 (372) 0 100,259 0 0 0 1,325 10/15/2026 1.A 3137AM-UP-0 FHR 4010 QA - CMO/RMBS 06/01/2021 Paydown 57,595 57,595 53,132 54,163 0 3,432 0 3,432 0 57,595 0 0 0 455 01/15/2042 1.A 3137AR-5L-6 FHR 4060 JC - CMO/RMBS 06/01/2021 Paydown 123,657 123,657 115,542 120,601 0 3,057 0 3,057 0 123,657 0 0 0 1,027 02/15/2041 1.A 3137AU-A4-1 FHR 4103 DV - CMO/RMBS 06/01/2021 Paydown 98,784 98,784 99,735 99,079 0 (296) 0 (296) 0 98,784 0 0 0 1,235 11/15/2025 1.A 3137AY-D3-2 FHR 4166 PV - CMO/RMBS 06/01/2021 Paydown 44,005 44,005 46,281 45,099 0 (1,094) 0 (1,094) 0 44,005 0 0 0 596 07/15/2037 1.A 3137B1-LM-2 FHR 4198 BM - CMO/RMBS 06/01/2021 Paydown 231,929 231,929 231,431 231,571 0 358 0 358 0 231,929 0 0 0 2,856 10/15/2040 1.A 3137B7-ZX-0 FHR 4300 KN - CMO/RMBS 06/01/2021 Paydown 396,534 396,534 398,269 396,551 0 (17) 0 (17) 0 396,534 0 0 0 6,695 06/15/2040 1.A 3137BA-J3-7 FHR 4345 AG - CMO/RMBS 06/01/2021 Paydown 282,667 282,667 278,206 281,373 0 1,294 0 1,294 0 282,667 0 0 0 4,214 02/15/2040 1.A 3137BC-L2-2 FHR 4367 CY - CMO/RMBS 06/01/2021 Paydown 1,824,309 1,824,309 1,793,524 1,817,207 0 7,102 0 7,102 0 1,824,309 0 0 0 22,638 02/15/2040 1.A 3137F7-JJ-5 FHR 5057 GA - CMBS/CMO/RMBS 06/01/2021 Paydown 131,769 131,769 136,474 136,442 0 (4,673) 0 (4,673) 0 131,769 0 0 0 1,105 12/25/2050 1.A 3137F7-MW-2 FHR 5050 CP - CMO/RMBS 06/01/2021 Paydown 132,562 132,562 137,615 137,587 0 (5,025) 0 (5,025) 0 132,562 0 0 0 1,113 12/25/2050 1.A 3137F9-GM-7 FHR 5074 KP - CMO/RMBS 06/01/2021 Paydown 92,636 92,636 95,915 0 0 (3,278) 0 (3,278) 0 92,636 0 0 0 624 02/25/2051 1.A 3137FC-B7-8 FHR 4743 P - CMO/RMBS 06/01/2021 Paydown 27,349 27,349 27,823 27,803 0 (454) 0 (454) 0 27,349 0 0 0 381 12/15/2047 1.A 3137FL-3C-6 FHR 4863 HP - CMO/RMBS 06/01/2021 Paydown 1,072,139 1,072,139 1,082,191 1,082,517 0 (10,377) 0 (10,377) 0 1,072,139 0 0 0 14,740 03/15/2049 1.A 3137FL-3R-3 FHR 4863 K - CMO/RMBS 06/01/2021 Paydown 817,970 817,970 823,338 822,464 0 (4,494) 0 (4,494) 0 817,970 0 0 0 11,721 03/15/2049 1.A 3137FL-A3-8 FHR 4875 DA - CMO/RMBS 06/01/2021 Paydown 77,717 77,717 78,798 78,502 0 (785) 0 (785) 0 77,717 0 0 0 1,102 07/15/2048 1.A 3137FL-W5-9 FHR 4881 AK - CMO/RMBS 06/01/2021 Paydown 292,940 292,940 298,050 297,662 0 (4,722) 0 (4,722) 0 292,940 0 0 0 4,147 02/15/2048 1.A 3137FM-2E-1 FHR 4891 PB - CMO/RMBS 06/01/2021 Paydown 759,658 759,658 774,317 776,669 0 (17,011) 0 (17,011) 0 759,658 0 0 0 10,813 06/15/2049 1.A 3137FN-FS-4 FHR 4911 LB - CMO/RMBS 06/01/2021 Paydown 255,157 255,157 256,271 256,470 0 (1,313) 0 (1,313) 0 255,157 0 0 0 1,746 08/25/2049 1.A 3137FY-TN-6 FHR 5096 C - CMO/RMBS 06/01/2021 Paydown 135,582 135,582 133,596 0 0 1,986 0 1,986 0 135,582 0 0 0 350 04/25/2051 1.A 3138A8-SQ-0 FN AH6826 - RMBS 06/01/2021 Paydown 28,251 28,251 29,633 28,790 0 (539) 0 (539) 0 28,251 0 0 0 472 03/01/2026 1.A 3138ET-ZD-1 FN AL8839 - RMBS 06/03/2021 Various 1,421,741 1,306,271 1,406,691 1,391,720 0 (2,276) 0 (2,276) 0 1,389,444 0 32,297 32,297 30,381 03/01/2043 1.A 3138WG-M2-7 FN AS6676 - RMBS 06/03/2021 Various 770,083 714,260 744,950 739,982 0 3,365 0 3,365 0 743,346 0 26,737 26,737 14,951 02/01/2046 1.A 3138WJ-Q2-7 FN AS8572 - RMBS 06/01/2021 Paydown 510,699 510,699 508,465 508,587 0 2,113 0 2,113 0 510,699 0 0 0 7,431 12/01/2046 1.A 3138X0-Y2-8 FN AU1628 - RMBS 06/01/2021 Paydown 190,085 190,085 197,629 195,713 0 (5,628) 0 (5,628) 0 190,085 0 0 0 2,318 07/01/2043 1.A 31394G-U9-2 FHR 2666 BD - CMO/RMBS 06/01/2021 Paydown 71,866 71,866 72,525 71,904 0 (38) 0 (38) 0 71,866 0 0 0 1,364 08/15/2023 1.A 31395V-DH-9 FHR 2989 CB - CMO/RMBS 06/01/2021 Paydown 94,193 94,193 94,281 94,092 0 101 0 101 0 94,193 0 0 0 1,811 06/15/2025 1.A 31396E-4L-7 FHR 3044 EX - CMO/RMBS 06/01/2021 Paydown 88,831 88,831 89,330 88,878 0 (48) 0 (48) 0 88,831 0 0 0 1,832 10/15/2025 1.A 31396U-T4-2 FHR 3187 JZ - CMO/RMBS 06/01/2021 Paydown 124,872 124,872 131,686 131,438 0 (6,566) 0 (6,566) 0 124,872 0 0 0 2,514 07/15/2036 1.A 31397S-C5-1 FNR 2011-36 DB - CMO/RMBS 06/01/2021 Paydown 342,851 342,851 342,529 342,267 0 584 0 584 0 342,851 0 0 0 4,183 05/25/2026 1.A 31397U-ZB-8 FNR 2011-58 AL - CMO/RMBS 06/01/2021 Paydown 283,593 283,593 290,683 285,054 0 (1,461) 0 (1,461) 0 283,593 0 0 0 4,059 07/25/2026 1.A 31398E-4H-4 FHR 3546 NB - CMO/RMBS 06/01/2021 Paydown 143,224 143,224 152,235 144,670 0 (1,446) 0 (1,446) 0 143,224 0 0 0 2,366 06/15/2024 1.A 31402C-4G-4 FN 725423 - RMBS 06/01/2021 Paydown 47,154 47,154 53,682 52,935 0 (5,781) 0 (5,781) 0 47,154 0 0 0 1,075 05/01/2034 1.A 3140EV-B6-3 FN BC0960 - RMBS 06/03/2021 Various 578,994 539,614 571,401 567,281 0 (190) 0 (190) 0 567,092 0 11,902 11,902 11,034 06/01/2046 1.A 3140EV-VF-1 FN BC1513 - RMBS 06/01/2021 Paydown 717,627 717,627 722,448 720,198 0 (2,571) 0 (2,571) 0 717,627 0 0 0 9,404 08/01/2046 1.A 3140F0-JJ-4 FN BC4764 - RMBS 06/01/2021 Paydown 344,006 344,006 346,882 346,054 0 (2,048) 0 (2,048) 0 344,006 0 0 0 4,123 10/01/2046 1.A STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE D - PART 4 Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter 1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22 11 12 13 14 15 NAIC Desig- nation, NAIC Total Total Desig- Current Change in Foreign Bond nation Year's Book/ Exchange Book/ Interest/ Modifier Prior Year Current Other Than Adjusted Change in Adjusted Foreign Stock Stated and Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized Dividends Con- SVO CUSIP Number of Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Received tractual Admini- Ident- For- Disposal Name Shares of Consid- Actual Carrying Increase/ tization)/ Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on During Maturity strative ification Description eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal Year Date Symbol 3140F5-BK-8 FN BC9041 - RMBS 06/01/2021 Paydown 128,367 128,367 128,788 128,625 0 (258) 0 (258) 0 128,367 0 0 0 1,294 11/01/2031 1.A 3140FX-C7-5 FN BF0093 - RMBS 06/01/2021 Paydown 466,935 466,935 481,089 483,295 0 (16,361) 0 (16,361) 0 466,935 0 0 0 6,681 05/01/2056 1.A 3140GY-GZ-6 FN BH9215 - RMBS 06/01/2021 Paydown 667,000 667,000 669,293 668,230 0 (1,230) 0 (1,230) 0 667,000 0 0 0 9,381 01/01/2048 1.A 3140HA-XB-1 FN BJ8773 - RMBS 06/01/2021 Paydown 2,920,747 2,920,747 2,936,128 2,937,593 0 (16,846) 0 (16,846) 0 2,920,747 0 0 0 38,332 09/01/2049 1.A 3140J6-GJ-0 FN BM2000 - RMBS 06/03/2021 Various 7,587,132 7,212,752 7,470,833 7,496,579 0 24,954 0 24,954 0 7,521,533 0 65,599 65,599 129,917 05/01/2047 1.A 3140J7-XA-8 FN BM3372 - CMBS/RMBS 06/01/2021 Paydown 3,598,331 3,598,331 3,842,800 0 0 (244,468) 0 (244,468) 0 3,598,331 0 0 0 68,788 01/01/2028 1.A 3140JP-M9-3 FN BN6683 - RMBS 06/01/2021 Paydown 1,134,396 1,134,396 1,163,731 1,168,016 0 (33,620) 0 (33,620) 0 1,134,396 0 0 0 16,064 06/01/2049 1.A 3140JV-TA-0 FN BO1444 - RMBS 06/01/2021 Paydown 168,129 168,129 172,070 171,831 0 (3,702) 0 (3,702) 0 168,129 0 0 0 1,977 10/01/2049 1.A 3140KE-QH-4 FN BP6755 - RMBS 06/01/2021 Paydown 28,997 28,997 29,726 29,696 0 (699) 0 (699) 0 28,997 0 0 0 191 09/01/2035 1.A 3140KF-M7-7 FN BP7581 - RMBS 06/01/2021 Paydown 62,590 62,590 64,076 64,055 0 (1,465) 0 (1,465) 0 62,590 0 0 0 400 11/01/2035 1.A 3140KL-GA-4 FN BQ1092 - RMBS 06/01/2021 Paydown 82,633 82,633 87,849 87,688 0 (5,055) 0 (5,055) 0 82,633 0 0 0 1,124 08/01/2050 1.A 3140KL-YF-3 FN BQ1609 - RMBS 06/01/2021 Paydown 311,469 311,469 329,086 328,552 0 (17,083) 0 (17,083) 0 311,469 0 0 0 2,842 09/01/2050 1.A 3140KM-SW-1 FN BQ2332 - RMBS 06/01/2021 Paydown 353,592 353,592 375,360 374,741 0 (21,148) 0 (21,148) 0 353,592 0 0 0 4,175 09/01/2050 1.A 3140KP-7J-6 FN BQ4496 - RMBS 06/01/2021 Paydown 192,592 192,592 196,670 0 0 (4,078) 0 (4,078) 0 192,592 0 0 0 728 02/01/2051 1.A 3140KV-XP-0 FN BQ9685 - RMBS 06/01/2021 Paydown 218,191 218,191 222,862 0 0 (4,671) 0 (4,671) 0 218,191 0 0 0 741 01/01/2051 1.A
3140KV-XR-6 FN BQ9687 - RMBS 06/01/2021 Paydown 187,796 187,796 192,814 0 0 (5,018) 0 (5,018) 0 187,796 0 0 0 619 01/01/2051 1.A E05.3 3140L0-D8-7 FN BR1926 - RMBS 06/01/2021 Paydown 108,565 108,565 112,263 0 0 (3,698) 0 (3,698) 0 108,565 0 0 0 688 01/01/2051 1.A 3140L1-DM-4 FN BR2807 - RMBS 06/01/2021 Paydown 61,087 61,087 64,457 0 0 (3,369) 0 (3,369) 0 61,087 0 0 0 379 12/01/2050 1.A 3140Q7-SL-2 FN CA0522 - RMBS 06/01/2021 Paydown 636,567 636,567 627,193 630,108 0 6,460 0 6,460 0 636,567 0 0 0 7,558 10/01/2047 1.A 3140QE-X2-3 FN CA6996 - RMBS 06/01/2021 Paydown 147,764 147,764 157,317 156,889 0 (9,125) 0 (9,125) 0 147,764 0 0 0 1,453 09/01/2050 1.A 3140QF-AQ-2 FN CA7214 - RMBS 06/01/2021 Paydown 32,383 32,383 33,815 33,786 0 (1,403) 0 (1,403) 0 32,383 0 0 0 280 10/01/2050 1.A 3140QF-NV-7 FN CA7603 - RMBS 06/01/2021 Paydown 34,021 34,021 35,828 0 0 (1,807) 0 (1,807) 0 34,021 0 0 0 158 11/01/2050 1.A 3140QG-5K-9 FN CA8949 - RMBS 06/01/2021 Paydown 157,312 157,312 162,375 0 0 (5,063) 0 (5,063) 0 157,312 0 0 0 561 02/01/2051 1.A 3140QG-UM-7 FN CA8687 - RMBS 06/01/2021 Paydown 97,655 97,655 98,143 0 0 (488) 0 (488) 0 97,655 0 0 0 298 01/01/2051 1.A 3140X5-NF-6 FN FM2189 - RMBS 06/03/2021 Various 860,726 820,328 855,577 863,133 0 927 0 927 0 864,060 0 (3,334) (3,334) 14,809 02/01/2048 1.A 3140X7-JZ-3 FN FM3879 - RMBS 06/01/2021 Paydown 154,864 154,864 164,374 164,182 0 (9,318) 0 (9,318) 0 154,864 0 0 0 1,562 07/01/2050 1.A 3140X9-6W-0 FN FM6284 - RMBS 06/01/2021 Paydown 23,787 23,787 24,613 0 0 (825) 0 (825) 0 23,787 0 0 0 82 02/01/2036 1.A 3140XA-GK-2 FN FM6501 - RMBS 06/01/2021 Paydown 209,718 209,718 215,813 0 0 (6,095) 0 (6,095) 0 209,718 0 0 0 658 03/01/2051 1.A 31410K-3J-1 FN 890101 - RMBS 06/01/2021 Paydown 15,166 15,166 17,024 17,109 0 (1,943) 0 (1,943) 0 15,166 0 0 0 395 02/01/2039 1.A 31417Y-GJ-0 FN MA0200 - RMBS 06/01/2021 Paydown 11,062 11,062 11,861 11,668 0 (605) 0 (605) 0 11,062 0 0 0 199 10/01/2029 1.A 31418B-MK-9 FN MA2161 - RMBS 06/01/2021 Paydown 60,659 60,659 64,440 63,326 0 (2,668) 0 (2,668) 0 60,659 0 0 0 821 01/01/2030 1.A 31418C-CP-7 FN MA2777 - RMBS 06/01/2021 Paydown 476,395 476,395 457,177 461,043 0 15,353 0 15,353 0 476,395 0 0 0 5,659 10/01/2046 1.A 31418C-DK-7 FN MA2805 - RMBS 06/01/2021 Paydown 438,945 438,945 425,639 428,202 0 10,742 0 10,742 0 438,945 0 0 0 4,569 11/01/2046 1.A 31418C-E4-2 FN MA2854 - RMBS 06/01/2021 Paydown 907,453 907,453 877,393 887,066 0 20,387 0 20,387 0 907,453 0 0 0 9,074 12/01/2046 1.A 31418C-M4-3 FN MA3078 - RMBS 06/01/2021 Paydown 525,115 525,115 515,351 516,760 0 8,354 0 8,354 0 525,115 0 0 0 6,169 07/01/2037 1.A 31418C-RF-3 FN MA3185 - RMBS 06/01/2021 Paydown 215,079 215,079 212,794 213,161 0 1,918 0 1,918 0 215,079 0 0 0 2,632 11/01/2037 1.A 31418C-WW-0 FN MA3360 - RMBS 06/01/2021 Paydown 222,869 222,869 223,252 223,063 0 (194) 0 (194) 0 222,869 0 0 0 3,109 05/01/2038 1.A 31418C-XX-7 FN MA3393 - RMBS 06/01/2021 Paydown 288,153 288,153 295,582 295,340 0 (7,187) 0 (7,187) 0 288,153 0 0 0 4,752 06/01/2033 1.A 31418D-C6-7 FN MA3692 - RMBS 06/01/2021 Paydown 703,337 703,337 719,163 723,478 0 (20,141) 0 (20,141) 0 703,337 0 0 0 9,945 07/01/2049 1.A 31418D-HY-1 FN MA3846 - RMBS 06/01/2021 Paydown 865,417 865,417 868,256 868,955 0 (3,538) 0 (3,538) 0 865,417 0 0 0 10,191 11/01/2049 1.A 31418D-P9-7 FN MA4047 - RMBS 06/01/2021 Paydown 980,773 980,773 999,040 997,708 0 (16,935) 0 (16,935) 0 980,773 0 0 0 7,837 06/01/2050 1.A 31418D-YC-0 FN MA4306 - RMBS 06/01/2021 Paydown 77,443 77,443 79,802 0 0 (2,360) 0 (2,360) 0 77,443 0 0 0 248 04/01/2051 1.A 31418M-GG-1 FN AD0198 - RMBS 06/01/2021 Paydown 13,649 13,649 15,189 15,251 0 (1,602) 0 (1,602) 0 13,649 0 0 0 308 09/01/2038 1.A 34074M-ND-9 FLORIDA HSG FIN CORP REV 06/01/2021 Call @ 100.00 118,492 118,492 118,492 118,492 0 0 0 0 0 118,492 0 0 0 1,504 07/01/2037 1.A FE 342816-P9-0 FLORIDA ST MUN PWR AGY REV 06/01/2021 Transfer 1,083,720 1,000,000 1,000,000 1,000,000 0 0 0 0 0 1,000,000 0 83,720 83,720 20,393 10/01/2025 1.F FE 358782-CD-0 FRISCO TEX ECONOMIC DEV CORP SALES TAX R 06/01/2021 Transfer 1,183,476 1,135,000 1,135,000 1,135,000 0 0 0 0 0 1,135,000 0 48,476 48,476 28,494 02/15/2023 1.C FE 54627D-EF-4 LOUISIANA HSG CORP SINGLE FAMILY MTG REV 06/01/2021 Call @ 100.00 57,898 57,898 57,898 57,898 0 0 0 0 0 57,898 0 0 0 490 03/01/2041 1.A FE 60416Q-FT-6 MINNESOTA ST HSG FIN AGY HOMEOWNERSHIP F 06/01/2021 Paydown 46,812 46,812 46,812 46,812 0 0 0 0 0 46,812 0 0 0 472 09/01/2042 1.A FE 60416Q-GK-4 MINNESOTA ST HSG FIN AGY HOMEOWNERSHIP F 06/01/2021 Call @ 100.00 117,483 117,483 117,483 116,235 0 11 0 11 0 116,246 0 1,237 1,237 1,297 08/01/2046 1.A FE 60416Q-HX-5 MINNESOTA ST HSG FIN AGY HOMEOWNERSHIP F 06/01/2021 Call @ 100.00 205,848 205,848 205,848 205,848 0 0 0 0 0 205,848 0 0 0 1,963 06/01/2050 1.A FE 60416Q-HY-3 MINNESOTA ST HSG FIN AGY HOMEOWNERSHIP F 06/01/2021 Call @ 100.00 495,974 495,974 495,974 495,974 0 0 0 0 0 495,974 0 0 0 4,008 09/01/2050 1.A FE 60416Q-HZ-0 MINNESOTA ST HSG FIN AGY HOMEOWNERSHIP F 06/01/2021 Call @ 100.00 90,440 90,440 90,440 90,440 0 0 0 0 0 90,440 0 0 0 659 12/01/2050 1.A FE 60416Q-JA-3 MINNESOTA ST HSG FIN AGY HOMEOWNERSHIP F 06/01/2021 Call @ 100.00 16,783 16,783 16,783 0 0 0 0 0 0 16,783 0 0 0 50 02/01/2051 1.A FE 60637B-B6-6 MISSOURI ST HSG DEV COMMN SINGLE FAMILY 06/01/2021 Call @ 100.00 29,713 29,713 29,713 29,713 0 0 0 0 0 29,713 0 0 0 245 11/01/2050 1.B FE STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE D - PART 4 Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter 1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22 11 12 13 14 15 NAIC Desig- nation, NAIC Total Total Desig- Current Change in Foreign Bond nation Year's Book/ Exchange Book/ Interest/ Modifier Prior Year Current Other Than Adjusted Change in Adjusted Foreign Stock Stated and Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized Dividends Con- SVO CUSIP Number of Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Received tractual Admini- Ident- For- Disposal Name Shares of Consid- Actual Carrying Increase/ tization)/ Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on During Maturity strative ification Description eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal Year Date Symbol 613357-AH-5 MONTGOMERY CNTY MD LTD OBLIG 06/01/2021 Transfer 1,660,730 1,640,000 1,640,000 1,640,000 0 0 0 0 0 1,640,000 0 20,730 20,730 30,518 11/01/2021 1.B FE 641279-NX-8 NEVADA HSG DIV SINGLE FAMILY MTG REV 06/01/2021 Paydown 393,238 393,238 393,238 393,238 0 0 0 0 0 393,238 0 0 0 3,059 11/01/2044 1.B FE 64469D-B6-7 NEW HAMPSHIRE ST HSG FIN AUTH SINGLE FAM 04/01/2021 Call @ 100.00 15,000 15,000 15,000 15,000 0 0 0 0 0 15,000 0 0 0 253 01/01/2040 1.C FE 64469D-VB-4 NEW HAMPSHIRE ST HSG FIN AUTH SINGLE FAM 06/01/2021 Call @ 100.00 20,000 20,000 20,000 20,000 0 0 0 0 0 20,000 0 0 0 354 01/01/2023 1.C FE 64469D-VN-8 NEW HAMPSHIRE ST HSG FIN AUTH SINGLE FAM 06/01/2021 Call @ 100.00 15,000 15,000 15,000 15,000 0 0 0 0 0 15,000 0 0 0 283 01/01/2024 1.C FE 646140-CJ-0 NEW JERSEY ST TPK AUTH TPK REV 06/01/2021 Transfer 1,327,538 1,250,000 1,250,000 1,250,000 0 0 0 0 0 1,250,000 0 77,538 77,538 35,360 01/01/2024 1.F FE 64719H-DR-8 NEW MEXICO MTG FIN AUTH MULTIFAMILY HSG 06/01/2021 Transfer 3,454,520 3,450,000 3,454,382 3,454,468 0 74 0 74 0 3,454,542 0 (22) (22) 124,200 09/01/2040 1.C FE 658207-MA-0 NORTH CAROLINA HSG FIN AGY HOMEOWNERSHIP 05/03/2021 Call @ 100.00 35,000 35,000 35,000 35,000 0 0 0 0 0 35,000 0 0 0 710 01/01/2030 1.B FE 677071-AF-9 OHANA MILITARY COMMUNITIES LLC 04/01/2021 Paydown 88,896 88,898 96,200 92,479 0 (3,581) 0 (3,581) 0 88,898 0 (1) (1) 2,522 10/01/2026 1.D FE 677071-AM-4 OHANA MILITARY COMMUNITIES LLC 04/01/2021 Paydown 8,022 8,022 8,606 8,301 0 (279) 0 (279) 0 8,022 0 0 0 219 10/01/2026 1.D FE 677377-2P-7 OHIO HSG FIN AGY SINGLE FAMILY MTG REV 06/01/2021 Call @ 100.00 45,000 45,000 45,000 45,000 0 0 0 0 0 45,000 0 0 0 497 11/01/2041 1.A FE 684907-WN-4 ORANGE CNTY FLA HSG FIN AUTH HOMEOWNER R 06/01/2021 Call @ 100.00 107,394 107,394 107,394 107,394 0 0 0 0 0 107,394 0 0 0 775 09/01/2050 1.A FE 837545-GC-0 SOUTH DAKOTA CONSERVANCY DIST REV 06/01/2021 Transfer 1,258,450 1,250,000 1,250,000 1,250,000 0 0 0 0 0 1,250,000 0 8,450 8,450 45,667 08/01/2021 1.A FE 88275F-SH-3 TEXAS ST DEPT HSG & CMNTY AFFAIRS SINGLE 06/01/2021 Call @ 100.00 42,694 42,694 42,694 42,694 0 0 0 0 0 42,694 0 0 0 353 03/01/2036 1.B FE 92812U-LT-3 VIRGINIA ST HSG DEV AUTH COMWLTH MTG - C 06/01/2021 Paydown 24,945 24,945 25,138 25,159 0 (214) 0 (214) 0 24,945 0 0 0 637 06/25/2034 1.A FE
92813T-EE-6 VIRGINIA ST HSG DEV AUTH HOMEOWNERSHIP M 06/01/2021 Paydown 96,480 96,480 93,091 93,106 0 3,374 0 3,374 0 96,480 0 0 0 1,314 08/25/2042 1.B FE E05.4 95662M-T4-2 WEST VIRGINIA ST HSG DEV FD 05/01/2021 Maturity @ 100.00 310,000 310,000 317,753 311,115 0 (1,115) 0 (1,115) 0 310,000 0 0 0 5,348 05/01/2021 1.A FE 977100-EB-8 WISCONSIN ST GEN FD ANNUAL APPROPRIATION 06/01/2021 Transfer 1,091,330 1,000,000 1,008,330 1,005,155 0 (466) 0 (466) 0 1,004,689 0 86,641 86,641 18,188 05/01/2025 1.C FE 3199999. Subtotal - Bonds - U.S. Special Revenues 99,714,753 98,058,800 99,726,107 93,682,523 0 (605,712) 0 (605,712) 0 98,985,892 0 728,862 728,862 1,759,589 XXX XXX 00084D-AT-7 ABN AMRO BANK NV C 06/01/2021 Transfer 2,771,086 2,750,000 2,747,993 2,749,560 0 278 0 278 0 2,749,838 0 21,248 21,248 71,164 08/27/2021 1.E FE 00287Y-BE-8 ABBVIE INC 06/01/2021 Transfer 811,592 800,000 798,624 799,632 0 175 0 175 0 799,807 0 11,785 11,785 14,775 11/14/2021 2.B FE 00839#-AD-5 ADVANTAGE CAPITAL 2014 NATIONAL TAX CRED 05/14/2021 DIRECT 76,408 76,408 59,914 75,268 0 1,131 0 1,131 0 76,399 0 9 9 0 05/15/2021 1.C 00841#-AA-7 ADVANTAGE CAPITAL 2015 STATE TAX CREDIT 06/15/2021 Paydown 50,000 50,000 37,941 46,852 0 3,148 0 3,148 0 50,000 0 0 0 0 05/15/2023 1.D FE 023135-AZ-9 AMAZON.COM INC 06/01/2021 Transfer 2,141,420 2,000,000 1,995,357 1,997,223 0 302 0 302 0 1,997,525 0 143,895 143,895 43,400 08/22/2024 1.E FE 02528B-AA-2 ACAR 2021-1 A - ABS 06/13/2021 Paydown 92,449 92,449 92,445 0 0 4 0 4 0 92,449 0 0 0 85 05/13/2024 1.A FE 025816-BR-9 AMERICAN EXPRESS CO 06/01/2021 Transfer 3,785,926 3,500,000 3,447,675 3,464,769 0 3,562 0 3,562 0 3,468,331 0 317,595 317,595 61,542 10/30/2024 2.A FE 02665W-DW-8 AMERICAN HONDA FINANCE CORP 06/01/2021 Transfer 4,071,406 4,000,000 4,005,096 0 0 (122) 0 (122) 0 4,004,974 0 66,432 66,432 14,889 03/24/2028 1.G FE 03027W-AJ-1 AMTT 2013-2A 2A - RMBS 06/01/2021 Transfer 5,496,596 5,450,000 5,530,497 5,469,898 0 (3,665) 0 (3,665) 0 5,466,234 0 30,363 30,363 77,151 03/15/2048 1.A FE 03690A-AC-0 ANTERO MIDSTREAM PARTNERS LP 06/08/2021 Call @ 100.00 1,540,320 1,500,000 1,042,050 1,042,050 0 0 0 0 0 1,042,050 0 457,950 457,950 99,221 09/15/2024 4.A FE ARBYS 2020-1 A2 - RMBS 04/30/2021 Paydown 10,000 10,000 10,065 10,069 0 (69) 0 (69) 0 10,000 0 0 0 162 08/01/2050 2.C FE 053773-BA-4 AVIS BUDGET CAR RENTAL LLC 04/08/2021 Call @ 100.00 268,620 264,000 207,266 209,489 0 809 0 809 0 210,297 0 53,703 53,703 9,006 03/15/2025 4.C FE 05523R-AB-3 BAE SYSTEMS PLC C 06/01/2021 Transfer 3,724,435 3,666,000 3,746,697 3,680,188 0 (7,550) 0 (7,550) 0 3,672,638 0 51,797 51,797 111,253 10/11/2021 2.B FE 05524U-AA-7 BAMLL 2012-PARK A - CMBS 06/01/2021 Transfer 1,655,466 1,600,000 1,644,250 1,610,938 0 (2,550) 0 (2,550) 0 1,608,387 0 47,079 47,079 23,672 12/12/2030 1.D FM 05524V-AA-5 BAMLL 2011-FSHN A - CMBS 05/11/2021 Paydown 2,500,000 2,500,000 2,549,900 2,500,319 0 (319) 0 (319) 0 2,500,000 0 0 0 46,042 07/11/2033 1.D FM 05541V-AE-6 BG ENERGY CAPITAL PLC C 06/01/2021 Transfer 2,027,115 2,000,000 2,052,432 2,009,753 0 (5,119) 0 (5,119) 0 2,004,634 0 22,481 22,481 50,222 10/15/2021 1.E FE 055451-AL-2 BHP BILLITON FINANCE (USA) LTD C 06/01/2021 Transfer 4,260,455 4,200,000 4,230,892 4,207,675 0 (3,587) 0 (3,587) 0 4,204,089 0 56,366 56,366 72,042 11/21/2021 1.F FE Deutsche Bank 065405-AD-4 BANK 2019-BNK16 A3 - CMBS 06/09/2021 Securities, Inc. 1,884,816 1,680,000 1,696,771 1,693,590 0 (793) 0 (793) 0 1,692,797 0 192,019 192,019 33,170 02/16/2052 1.D FM 08576P-AA-9 BERRY GLOBAL INC 05/28/2021 Call @ 100.00 910,025 890,000 874,675 879,757 0 659 0 659 0 880,416 0 9,584 9,584 29,910 02/15/2026 3.B FE 08883@-AA-1 BOWLING GREEN KETUCKY CTL PASS-THROUGH T 06/15/2021 Paydown 24,696 24,696 24,696 24,696 0 0 0 0 0 24,696 0 0 0 551 06/15/2036 2.B 08884@-AA-0 BGS CTL PASS THROUGH TRUST SERIES 2012 ( 06/15/2021 Paydown 52,279 52,279 52,279 52,279 0 0 0 0 0 52,279 0 0 0 1,101 11/15/2033 2.B 12433A-AA-7 BX 20FOX A - CMBS 04/15/2021 Paydown 7,915 7,915 7,915 7,915 0 0 0 0 0 7,915 0 0 0 30 11/01/2032 1.A FE 124857-AQ-6 VIACOMCBS INC 06/01/2021 Transfer 2,663,745 2,393,000 2,572,307 2,492,435 0 (8,088) 0 (8,088) 0 2,484,347 0 179,398 179,398 84,021 01/15/2026 2.B FE 12530M-AB-1 SORT 2020-1 A2 - ABS 06/15/2021 Paydown 3,789 3,789 3,787 3,787 0 2 0 2 0 3,789 0 0 0 29 07/15/2060 1.D FE 125523-AV-2 CIGNA CORP 06/01/2021 Transfer 5,419,063 5,000,000 5,116,604 5,091,153 0 (8,879) 0 (8,879) 0 5,082,274 0 336,789 336,789 102,014 04/15/2025 2.A FE 12592B-AG-9 CNH INDUSTRIAL CAPITAL LLC 06/01/2021 Transfer 1,012,324 1,000,000 995,955 999,330 0 351 0 351 0 999,681 0 12,643 12,643 24,326 10/15/2021 2.C FE 12592M-BF-6 COMM 2014-LC17 A2 - CMBS 04/12/2021 Paydown 13,478 13,478 13,773 13,529 0 (51) 0 (51) 0 13,478 0 0 0 142 10/11/2047 1.D FM 126650-BP-4 CVSPAS 06 CRT - ABS 06/10/2021 Paydown 52,383 52,383 55,575 55,307 0 (2,925) 0 (2,925) 0 52,383 0 0 0 1,318 12/10/2028 2.B 14040H-AY-1 CAPITAL ONE FINANCIAL CORP 06/01/2021 Transfer 4,876,481 4,850,000 5,090,649 4,885,575 0 (27,531) 0 (27,531) 0 4,858,044 0 18,437 18,437 202,218 07/15/2021 2.A FE 149123-BV-2 CATERPILLAR INC 05/27/2021 Maturity @ 100.00 5,000,000 5,000,000 5,290,550 5,016,662 0 (16,662) 0 (16,662) 0 5,000,000 0 0 0 97,500 05/27/2021 1.F FE 172967-LM-1 CITIGROUP INC 06/01/2021 Transfer 3,600,030 3,500,000 3,500,000 3,500,000 0 0 0 0 0 3,500,000 0 100,030 100,030 85,841 07/24/2023 2.A FE 17322Y-AC-4 CGCMT 2014-GC25 A3 - CMBS 04/01/2021 Paydown 1,266,315 1,266,315 1,278,904 1,270,755 0 (4,440) 0 (4,440) 0 1,266,315 0 0 0 22,396 10/11/2047 1.D FM 185899-AK-7 CLEVELAND-CLIFFS INC 05/10/2021 JHY 102,625 100,000 100,000 0 0 0 0 0 0 100,000 0 2,625 2,625 1,092 03/01/2029 4.B FE 19123M-AC-7 COCA-COLA EUROPACIFIC PARTNERS PLC C 06/01/2021 Call @ 100.00 4,000,000 4,000,000 4,119,765 4,016,561 0 (16,561) 0 (16,561) 0 4,000,000 0 0 0 135,000 09/01/2021 2.A FE STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE D - PART 4 Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter 1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22 11 12 13 14 15 NAIC Desig- nation, NAIC Total Total Desig- Current Change in Foreign Bond nation Year's Book/ Exchange Book/ Interest/ Modifier Prior Year Current Other Than Adjusted Change in Adjusted Foreign Stock Stated and Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized Dividends Con- SVO CUSIP Number of Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Received tractual Admini- Ident- For- Disposal Name Shares of Consid- Actual Carrying Increase/ tization)/ Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on During Maturity strative ification Description eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal Year Date Symbol 22535W-AG-2 CREDIT AGRICOLE SA (LONDON BRANCH) C 06/01/2021 Transfer 2,969,899 2,900,000 2,912,660 2,911,335 0 (1,267) 0 (1,267) 0 2,910,067 0 59,832 59,832 25,347 06/16/2026 1.G FE 225401-AM-0 CREDIT SUISSE GROUP AG C 06/01/2021 Transfer 1,568,220 1,500,000 1,550,817 1,549,170 0 (5,421) 0 (5,421) 0 1,543,749 0 24,471 24,471 28,091 09/11/2025 2.A FE 233851-AF-1 DAIMLER FINANCE NORTH AMERICA LLC 06/01/2021 Transfer 5,858,498 5,800,000 5,944,072 5,814,006 0 (8,229) 0 (8,229) 0 5,805,777 0 52,720 52,720 159,822 09/15/2021 2.A FE 235825-AE-6 DANA INC 05/03/2021 Various 990,000 1,000,000 872,510 869,200 0 (1,695) 0 (1,695) 0 867,505 0 122,495 122,495 52,611 12/15/2024 4.B FE 24704D-AE-0 DEFT 2018-2 A3 - ABS 05/24/2021 Paydown 256,432 256,432 256,392 256,429 0 3 0 3 0 256,432 0 0 0 3,263 10/23/2023 1.A FE 25755T-AL-4 DPABS 2019-1 A2 - RMBS 04/26/2021 Paydown 4,963 4,963 5,125 5,113 0 (151) 0 (151) 0 4,963 0 0 0 91 10/25/2049 2.A FE 29250R-AU-0 ENBRIDGE ENERGY PARTNERS LP 06/15/2021 Call @ 100.00 2,500,000 2,500,000 2,598,605 2,506,994 0 (6,994) 0 (6,994) 0 2,500,000 0 0 0 78,750 09/15/2021 2.A FE 29273R-AQ-2 ENERGY TRANSFER LP 06/01/2021 Transfer 2,039,161 2,000,000 2,129,529 2,015,578 0 (7,716) 0 (7,716) 0 2,007,862 0 31,299 31,299 86,667 02/01/2022 2.C FE 29717P-AL-1 ESSEX PORTFOLIO LP 06/16/2021 Call @ 100.00 3,139,694 3,000,000 3,083,431 3,053,740 0 (13,539) 0 (13,539) 0 3,040,201 0 (40,201) (40,201) 232,788 01/15/2023 2.A FE 30161M-AR-4 EXELON GENERATION COMPANY LLC 06/04/2021 KEY CAPITAL MARKETS 1,842,345 1,805,000 1,831,967 1,812,745 0 (2,969) 0 (2,969) 0 1,809,776 0 32,570 32,570 44,834 03/15/2022 2.B FE 31428X-AY-2 FEDEX CORP 05/20/2021 Call @ 100.00 7,374,562 6,750,000 6,918,835 6,904,203 0 (19,275) 0 (19,275) 0 6,884,928 0 (134,928) (134,928) 853,312 01/15/2024 2.B FE 31620M-AT-3 FIDELITY NATIONAL INFORMATION SERVICES I 04/01/2021 Call @ 100.00 4,105,948 3,750,000 3,722,943 3,733,834 0 652 0 652 0 3,734,486 0 15,514 15,514 426,573 08/15/2026 2.B FE 36128#-AA-5 G & M PIER LEWISVILLE, LLC - ABS 06/01/2021 Paydown 34,421 34,421 34,140 34,406 0 15 0 15 0 34,421 0 0 0 921 01/15/2025 2.C 378272-AP-3 GLENCORE FUNDING LLC 06/01/2021 Transfer 2,062,266 2,000,000 1,991,540 1,996,808 0 711 0 711 0 1,997,520 0 64,747 64,747 35,667 10/27/2022 2.A FE 421924-BN-0 ENCOMPASS HEALTH CORP 06/30/2021 Call @ 100.00 1,168,000 1,168,000 1,170,705 1,167,705 0 (97) 0 (97) 0 1,167,608 0 392 392 35,412 03/15/2023 4.A FE
428041-BD-8 HFLF 181 A2 - ABS 04/12/2021 Paydown 239,537 239,537 239,499 240,148 0 (611) 0 (611) 0 239,537 0 0 0 2,579 05/10/2032 1.A FE E05.5 437076-BM-3 HOME DEPOT INC 06/01/2021 Transfer 1,091,010 1,000,000 996,755 997,889 0 155 0 155 0 998,044 0 92,966 92,966 20,000 04/01/2026 1.F FE 44701Q-BD-3 HUNTSMAN INTERNATIONAL LLC 06/23/2021 Call @ 100.00 1,594,574 1,500,000 1,514,245 1,514,607 0 (4,504) 0 (4,504) 0 1,510,103 0 (10,103) (10,103) 141,126 11/15/2022 2.C FE 44891A-BT-3 HYUNDAI CAPITAL AMERICA 06/01/2021 Transfer 3,917,356 4,000,000 3,995,800 0 0 226 0 226 0 3,996,026 0 (78,670) (78,670) 28,600 01/10/2028 2.A FE 451102-BJ-5 ICAHN ENTERPRISES LP 04/12/2021 Call @ 100.00 454,000 454,000 466,900 454,393 0 (393) 0 (393) 0 454,000 0 0 0 19,784 02/01/2022 3.C FE 452308-AP-4 ILLINOIS TOOL WORKS INC 06/15/2021 Call @ 100.00 7,400,000 7,400,000 7,450,749 7,403,517 0 (3,517) 0 (3,517) 0 7,400,000 0 0 0 187,313 09/15/2021 1.F FE 456837-AV-5 ING GROEP NV C 06/01/2021 Transfer 4,049,479 4,000,000 4,004,416 0 0 (142) 0 (142) 0 4,004,274 0 45,205 45,205 11,507 04/01/2027 1.G FE 460146-CP-6 INTERNATIONAL PAPER CO 05/10/2021 Call @ 100.00 2,484,447 2,270,000 2,261,465 2,264,749 0 278 0 278 0 2,265,027 0 4,973 4,973 138,709 02/15/2027 2.B FE 461070-AM-6 INTERSTATE POWER AND LIGHT CO 06/01/2021 Transfer 3,249,166 3,000,000 3,095,400 3,048,918 0 (4,370) 0 (4,370) 0 3,044,548 0 204,618 204,618 81,033 08/15/2025 2.A FE 46132F-AD-2 INVESCO FINANCE PLC C 06/01/2021 Transfer 1,736,135 1,565,000 1,639,165 1,612,256 0 (3,639) 0 (3,639) 0 1,608,617 0 127,518 127,518 51,515 01/15/2026 2.A FE 46625H-JT-8 JPMORGAN CHASE & CO 06/01/2021 Transfer 3,215,677 2,950,000 3,100,981 3,029,858 0 (10,358) 0 (10,358) 0 3,019,501 0 196,176 196,176 95,260 02/01/2024 1.F FE 46636V-AC-0 JPMCC 2011-C5 A3 - CMBS 06/01/2021 Paydown 380,055 380,055 388,577 381,333 0 (1,278) 0 (1,278) 0 380,055 0 0 0 6,558 08/17/2046 1.D FM 46637W-AD-5 JPMCC 2012-CIBX A4 - CMBS 06/01/2021 Paydown 523,254 523,254 533,718 523,532 0 (278) 0 (278) 0 523,254 0 0 0 9,066 06/16/2045 1.D FM 46647P-BF-2 JPMORGAN CHASE & CO 04/16/2021 SALOMON BROTHERS INC 2,061,180 1,980,000 1,981,003 1,980,771 0 (59) 0 (59) 0 1,980,713 0 80,467 80,467 23,413 10/15/2025 1.F FE 478111-AB-3 JOHNS HOPKINS HEALTH SYSTEM CORP 06/01/2021 Transfer 1,555,496 1,500,000 1,500,000 1,500,000 0 0 0 0 0 1,500,000 0 55,496 55,496 22,597 05/15/2023 1.D FE 48250N-AB-1 KFC HOLDING CO 06/01/2021 Call @ 100.00 410,500 400,000 397,000 397,742 0 151 0 151 0 397,892 0 2,108 2,108 21,000 06/01/2026 3.B FE 491674-BK-2 KENTUCKY UTILITIES CO 06/01/2021 Transfer 4,888,203 4,500,000 4,683,555 4,595,021 0 (8,247) 0 (8,247) 0 4,586,774 0 301,429 301,429 99,000 10/01/2025 1.F FE 53944V-AP-4 LLOYDS BANK PLC C 05/07/2021 Maturity @ 100.00 1,750,000 1,750,000 1,747,865 1,749,754 0 246 0 246 0 1,750,000 0 0 0 28,875 05/07/2021 1.E FE 571748-AR-3 MARSH & MCLENNAN COMPANIES INC 04/15/2021 Call @ 100.00 4,600,000 4,600,000 4,775,258 4,610,195 0 (10,274) 0 (10,274) 0 4,599,921 0 79 79 165,600 07/15/2021 2.A FE PERSHING DIV OF DLJ SEC 574754-AM-9 MASHANTUCKET (WESTERN) PEQUOT TRIBAL NAT 06/04/2021 LNDING 139,258 1,237,849 2,732 2,732 0 0 0 0 0 2,732 0 136,526 136,526 10 07/01/2036 6. 577081-BE-1 MATTEL INC 05/04/2021 B.A. Securities Inc. 72,450 70,000 70,000 0 0 0 0 0 0 70,000 0 2,450 2,450 308 04/01/2026 3.B FE 61760R-BB-7 MSC 2011-C3 A4 - CMBS 05/17/2021 Paydown 721,617 721,617 764,793 722,845 0 (1,228) 0 (1,228) 0 721,617 0 0 0 10,837 07/16/2049 1.D FM 61761A-AY-4 MSBAM 2012-C5 A3 - CMBS 06/01/2021 Paydown 29,069 29,069 29,650 29,099 0 (30) 0 (30) 0 29,069 0 0 0 496 08/17/2045 1.D FM 61761J-VL-0 MORGAN STANLEY 06/01/2021 Transfer 6,287,322 5,721,000 5,925,129 5,826,505 0 (10,869) 0 (10,869) 0 5,815,636 0 471,686 471,686 128,182 10/23/2024 1.G FE 61763M-AE-0 MSBAM 2014-C16 A4 - CMBS 06/01/2021 Paydown 146,174 146,174 147,627 146,537 0 (363) 0 (363) 0 146,174 0 0 0 2,307 06/17/2047 1.D FM 61764P-BT-8 MSBAM 2014-C19 A3 - CMBS 05/01/2021 Paydown 211,250 211,250 213,347 212,021 0 (772) 0 (772) 0 211,250 0 0 0 2,857 12/17/2047 1.D FM 65364U-AB-2 NIAGARA MOHAWK POWER CORP 06/01/2021 Transfer 2,783,885 2,700,000 2,625,273 2,678,298 0 4,632 0 4,632 0 2,682,930 0 100,956 100,956 37,346 11/28/2022 2.A FE 65409Q-BB-7 NIELSEN FINANCE LLC 04/12/2021 Call @ 100.00 968,000 968,000 962,005 966,675 0 278 0 278 0 966,952 0 1,048 1,048 23,528 04/15/2022 4.B FE 655844-BG-2 NORFOLK SOUTHERN CORP 06/01/2021 Transfer 3,022,474 3,000,000 2,978,700 2,997,331 0 1,199 0 1,199 0 2,998,530 0 23,944 23,944 48,750 12/01/2021 2.A FE 668444-AL-6 NORTHWESTERN UNIVERSITY 06/01/2021 Transfer 1,011,600 1,000,000 1,000,000 1,000,000 0 0 0 0 0 1,000,000 0 11,600 11,600 14,755 12/01/2021 1.B FE 681919-AZ-9 OMNICOM GROUP INC 05/28/2021 Call @ 100.00 3,090,660 3,000,000 2,961,787 2,993,338 0 1,988 0 1,988 0 2,995,326 0 4,674 4,674 153,191 05/01/2022 2.A FE 72147K-AC-2 PILGRIMS PRIDE CORP 04/08/2021 Various 1,239,375 1,250,000 1,219,438 1,229,856 0 1,125 0 1,125 0 1,230,981 0 8,394 8,394 78,030 03/15/2025 3.A FE 731572-AA-1 RALPH LAUREN CORP 06/01/2021 Transfer 913,662 900,000 898,920 899,226 0 219 0 219 0 899,445 0 14,217 14,217 7,055 06/15/2022 1.G FE 744538-AC-3 PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE 06/01/2021 Call @ 100.00 1,850,000 1,850,000 1,840,201 1,848,288 0 1,064 0 1,064 0 1,849,352 0 648 648 44,400 09/01/2021 1.E FE 745310-AD-4 PUGET ENERGY INC 06/01/2021 Transfer 760,409 750,000 750,000 750,000 0 0 0 0 0 750,000 0 10,409 10,409 33,750 09/01/2021 2.C FE 754730-AE-9 RAYMOND JAMES FINANCIAL INC 05/03/2021 Call @ 100.00 5,589,050 4,990,000 4,998,737 5,011,646 0 (1,340) 0 (1,340) 0 5,010,306 0 (20,306) (20,306) 713,612 09/15/2026 2.A FE 7591EP-AQ-3 REGIONS FINANCIAL CORP 06/01/2021 Transfer 1,672,947 1,600,000 1,595,120 1,595,697 0 391 0 391 0 1,596,088 0 76,859 76,859 19,300 05/18/2025 2.A FE 78403D-AL-4 SBATOW 171 1C - RMBS 06/09/2021 Paydown 2,500,000 2,500,000 2,528,509 2,509,736 0 (9,736) 0 (9,736) 0 2,500,000 0 0 0 33,440 04/09/2047 1.F FE STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE D - PART 4 Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter 1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22 11 12 13 14 15 NAIC Desig- nation, NAIC Total Total Desig- Current Change in Foreign Bond nation Year's Book/ Exchange Book/ Interest/ Modifier Prior Year Current Other Than Adjusted Change in Adjusted Foreign Stock Stated and Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized Dividends Con- SVO CUSIP Number of Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Received tractual Admini- Ident- For- Disposal Name Shares of Consid- Actual Carrying Increase/ tization)/ Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on During Maturity strative ification Description eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal Year Date Symbol 808513-AG-0 CHARLES SCHWAB CORP 06/01/2021 Transfer 5,185,325 5,000,000 5,045,353 5,011,117 0 (2,711) 0 (2,711) 0 5,008,406 0 176,919 176,919 120,938 09/01/2022 1.F FE 81211K-AV-2 SEALED AIR CORP 04/22/2021 R. W. PRESSPRICH 525,125 500,000 499,500 499,868 0 20 0 20 0 499,888 0 25,237 25,237 9,818 12/01/2022 3.C FE 81745B-AA-3 SEMT 2013-6 A1 - CMO/RMBS 06/01/2021 Paydown 207,021 207,021 205,439 206,305 0 716 0 716 0 207,021 0 0 0 1,989 05/26/2043 1.D FM 817565-BU-7 SERVICE CORPORATION INTERNATIONAL 06/09/2021 Call @ 100.00 743,216 720,000 785,707 727,156 0 (3,552) 0 (3,552) 0 723,604 0 (3,604) (3,604) 55,856 11/15/2021 3.B FE 81761T-AA-3 SERV 2020-1 A21 - RMBS 04/30/2021 Paydown 7,000 7,000 7,032 7,032 0 (32) 0 (32) 0 7,000 0 0 0 78 01/30/2051 2.C FE 824348-AV-8 SHERWIN-WILLIAMS CO 06/01/2021 Transfer 1,072,355 1,000,000 998,480 999,246 0 87 0 87 0 999,334 0 73,022 73,022 15,625 06/01/2024 2.B FE 832696-AB-4 J M SMUCKER CO 06/01/2021 Transfer 6,073,406 6,000,000 6,067,635 6,007,781 0 (4,079) 0 (4,079) 0 6,003,702 0 69,704 69,704 131,833 10/15/2021 2.B FE 85208N-AA-8 SPRNTS 161 A1 - ABS 06/20/2021 Paydown 62,500 62,500 62,499 62,500 0 0 0 0 0 62,500 0 0 0 1,050 03/20/2023 2.A FE 85236K-AE-2 SIDC 211 A2 - ABS 06/01/2021 Transfer 1,196,955 1,200,000 1,200,000 0 0 0 0 0 0 1,200,000 0 (3,045) (3,045) 4,567 03/26/2046 1.G FE 857477-AM-5 STATE STREET CORP 06/01/2021 Transfer 5,426,771 5,000,000 5,188,292 5,074,915 0 (10,410) 0 (10,410) 0 5,064,505 0 362,266 362,266 98,153 11/20/2023 1.F FE 86202*-AE-5 STONEHENGE CAPITAL FUND NORTH CAROLINA V 06/15/2021 Paydown 80,475 80,475 80,475 80,475 0 0 0 0 0 80,475 0 0 0 3,781 10/15/2021 1.A 86203#-AA-8 STONEHENGE CAPITAL FUND CONNECTICUT IV L 06/15/2021 Paydown 40,086 40,086 40,086 40,086 0 0 0 0 0 40,086 0 0 0 1,603 12/15/2025 1.G 86787E-AT-4 TRUIST BANK 06/01/2021 Transfer 3,585,178 3,500,000 3,497,415 3,499,170 0 214 0 214 0 3,499,384 0 85,794 85,794 71,458 08/01/2022 1.F FE 87165B-AC-7 SYNCHRONY FINANCIAL 06/15/2021 Call @ 100.00 5,000,000 5,000,000 5,056,530 5,004,268 0 (4,357) 0 (4,357) 0 4,999,911 0 89 89 156,250 08/15/2021 2.C FE 87233Q-AA-6 TC PIPELINES LP 03/15/2021 Call @ 100.00 0 0 0 0 0 0 0 0 0 0 0 0 0 (665) 06/15/2021 2.B FE
87264A-AM-7 T-MOBILE USA INC 05/24/2021 Call @ 100.00 100,000 100,000 100,000 100,000 0 0 0 0 0 100,000 0 0 0 4,367 03/01/2023 3.B FE E05.6 87264A-CB-9 T-MOBILE USA INC 06/04/2021 SALOMON BROTHERS INC 4,785,984 4,800,000 4,899,184 4,897,321 0 (3,815) 0 (3,815) 0 4,893,506 0 (107,522) (107,522) 116,960 02/15/2031 2.C FE 875127-AZ-5 TAMPA ELECTRIC CO 05/15/2021 Maturity @ 100.00 5,000,000 5,000,000 5,456,299 5,020,492 0 (20,492) 0 (20,492) 0 5,000,000 0 0 0 135,000 05/15/2021 1.G FE 89114Q-BG-2 TORONTO-DOMINION BANK C 04/07/2021 Maturity @ 100.00 200,000 200,000 200,094 200,008 0 (8) 0 (8) 0 200,000 0 0 0 2,125 04/07/2021 1.D FE 89237J-AA-4 TALNT 201 A - ABS 06/01/2021 Transfer 1,634,117 1,600,000 1,599,908 1,599,919 0 8 0 8 0 1,599,926 0 34,190 34,190 9,360 05/25/2033 1.A FE 89705P-AA-3 TRONOX FINANCE PLC C 04/01/2021 Call @ 100.00 625,878 600,000 564,000 570,152 0 1,315 0 1,315 0 571,467 0 28,533 28,533 43,128 10/01/2025 4.C FE 90268T-AC-8 UBSC 2011-C1 A3 - CMBS 06/01/2021 Paydown 5,837,233 5,837,233 5,924,631 5,857,609 0 (20,376) 0 (20,376) 0 5,837,233 0 0 0 102,615 01/12/2045 1.D FM 90269G-AC-5 UBSCM 2012-C1 A3 - CMBS 06/01/2021 Paydown 576,148 576,148 586,557 577,090 0 (942) 0 (942) 0 576,148 0 0 0 9,795 05/12/2045 1.D FM 90333L-AP-7 US CONCRETE INC 06/28/2021 Call @ 100.00 453,109 446,000 411,993 423,009 0 2,919 0 2,919 0 425,928 0 20,072 20,072 23,300 06/01/2024 4.C FE 90349D-AN-2 UBSBB 2012-C3 B - CMBS 06/01/2021 Exchange 2,579,981 2,480,000 2,626,588 2,539,750 0 (15,117) 0 (15,117) 0 2,524,633 0 55,348 55,348 54,126 08/12/2049 1.D FM 91831A-AC-5 BAUSCH HEALTH COMPANIES INC C 06/30/2021 Call @ 100.00 48,980 48,000 47,280 46,386 0 (599) 0 (599) 0 45,787 0 2,213 2,213 1,518 04/15/2025 4.B FE 92343V-BJ-2 VERIZON COMMUNICATIONS INC 05/28/2021 Call @ 100.00 2,579,200 2,500,000 2,244,581 2,443,261 0 12,026 0 12,026 0 2,455,287 0 44,713 44,713 114,419 11/01/2022 2.A FE 92343V-BR-4 VERIZON COMMUNICATIONS INC 05/28/2021 Call @ 100.00 965,265 875,000 877,746 878,137 0 (461) 0 (461) 0 877,677 0 (2,677) (2,677) 121,934 09/15/2023 2.A FE 92348X-AA-3 VZOT 2018-A A1A - RMBS 06/20/2021 Paydown 765,633 765,633 766,310 765,765 0 (132) 0 (132) 0 765,633 0 0 0 10,103 04/20/2023 1.A FE 92826C-AD-4 VISA INC 06/01/2021 Citigroup 5,813,454 5,300,000 5,313,833 5,308,053 0 (651) 0 (651) 0 5,307,402 0 506,052 506,052 77,446 12/14/2025 1.D FE 92936J-BB-9 WFRBS 2011-C5 A4 - CMBS 06/01/2021 Paydown 755,169 755,169 763,241 754,709 0 460 0 460 0 755,169 0 0 0 11,388 11/18/2044 1.D FM 92936Q-AG-3 WFRBS 2012-C6 A4 - CMBS 06/01/2021 Paydown 5,365,904 5,365,904 5,419,322 5,363,601 0 2,304 0 2,304 0 5,365,904 0 0 0 78,743 04/17/2045 1.D FM 92938C-AE-7 WFRBS 2013-C15 ASB - CMBS 06/01/2021 Paydown 97,178 97,178 100,177 97,974 0 (796) 0 (796) 0 97,178 0 0 0 2,234 08/17/2046 1.D FM 92938E-AM-5 WFRBS 2013-C16 A4 - CMBS 06/01/2021 Paydown 499,896 499,896 504,866 501,009 0 (1,113) 0 (1,113) 0 499,896 0 0 0 14,949 09/17/2046 1.D FM 94978#-AQ-0 WELLS FARGO TRUST COMPANY, NATIONAL ASSO 06/01/2021 Paydown 17,140 17,140 16,528 17,026 0 114 0 114 0 17,140 0 0 0 469 08/01/2022 1.C 94989T-AY-0 WFCM 2015-LC22 A3 - CMBS 05/01/2021 Paydown 567,844 567,844 573,495 570,532 0 (2,688) 0 (2,688) 0 567,844 0 0 0 14,860 09/17/2058 1.D FM 94989W-AT-4 WFCM 2015-C31 ASB - CMBS 06/01/2021 Paydown 106,549 106,549 109,744 107,582 0 (1,033) 0 (1,033) 0 106,549 0 0 0 1,549 11/18/2048 1.D FM 958587-BJ-5 NSTAR ELECTRIC CO 06/15/2021 Call @ 100.00 4,685,000 4,685,000 4,744,265 4,689,140 0 (4,140) 0 (4,140) 0 4,685,000 0 0 0 122,981 09/15/2021 1.E FE 98162C-AD-3 WOLS 2018-B A3 - ABS 04/15/2021 Paydown 46,985 46,985 46,981 46,985 0 0 0 0 0 46,985 0 0 0 500 12/15/2021 1.A FE 98162C-AE-1 WOLS 2018-B A4 - ABS 05/17/2021 Paydown 2,500,000 2,500,000 2,499,560 2,499,951 0 49 0 49 0 2,500,000 0 0 0 30,114 03/15/2024 1.A FE 3899999. Subtotal - Bonds - Industrial and Miscellaneous (Unaffiliated) 256,508,997 249,505,093 251,432,512 235,328,172 0 (301,787) 0 (301,787) 0 248,494,141 0 5,593,809 5,593,809 7,861,436 XXX XXX Fidelity Capital Markets 464288-63-8 ISHARES:5-10 IG CORP BD 04/01/2021 0.000 11,218,694 0 11,679,981 11,700,678 (20,697) 0 0 (20,697) 0 11,679,981 0 (461,286) (461,286) 66,207 2.B Fidelity Capital Markets 78464A-37-5 SPDR PTF IT CORP BOND 04/01/2021 0.000 7,818,786 0 8,000,499 8,018,313 (17,814) 0 0 (17,814) 0 8,000,499 0 (181,714) (181,714) 32,771 2.A Fidelity Capital Markets 92206C-87-0 VANGUARD INT CRP BD ETF 04/01/2021 0.000 19,169,104 0 19,992,363 19,999,960 (7,597) 0 0 (7,597) 0 19,992,363 0 (823,259) (823,259) 107,062 2.B 8099999. Subtotal - Bonds - SVO Identified Funds 38,206,585 0 39,672,843 39,718,951 (46,108) 0 0 (46,108) 0 39,672,843 0 (1,466,258) (1,466,258) 206,040 XXX XXX 8399997. Total - Bonds - Part 4 414,497,450 367,379,145 411,079,431 388,608,186 (46,108) (942,556) 0 (988,664) 0 406,996,359 0 5,080,044 5,080,044 10,259,834 XXX XXX 8399998. Total - Bonds - Part 5 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 8399999. Total - Bonds 414,497,450 367,379,145 411,079,431 388,608,186 (46,108) (942,556) 0 (988,664) 0 406,996,359 0 5,080,044 5,080,044 10,259,834 XXX XXX 8999997. Total - Preferred Stocks - Part 4 0 XXX 0 0 0 0 0 0 0 0 0 0 0 0 XXX XXX STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE D - PART 4 Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter 1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22 11 12 13 14 15 NAIC Desig- nation, NAIC Total Total Desig- Current Change in Foreign Bond nation Year's Book/ Exchange Book/ Interest/ Modifier Prior Year Current Other Than Adjusted Change in Adjusted Foreign Stock Stated and Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized Dividends Con- SVO CUSIP Number of Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Received tractual Admini- Ident- For- Disposal Name Shares of Consid- Actual Carrying Increase/ tization)/ Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on During Maturity strative ification Description eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal Year Date Symbol 8999998. Total - Preferred Stocks - Part 5 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 8999999. Total - Preferred Stocks 0 XXX 0 0 0 0 0 0 0 0 0 0 0 0 XXX XXX Fidelity Capital Markets 372460-10-5 GENUINE PARTS ORD 04/05/2021 5,600.000 653,367 481,654 562,408 (80,754) 0 0 (80,754) 0 481,654 0 171,712 171,712 12,567 Fidelity Capital Markets 457187-10-2 INGREDION ORD 06/30/2021 6,000.000 544,170 472,862 472,020 842 0 0 842 0 472,862 0 71,307 71,307 7,680 58933Y-10-5 MERCK & CO ORD 06/03/2021 Spin Off 50,710.000 2,287,256 2,287,256 4,148,078 (1,860,822) 0 0 (1,860,822) 0 2,287,256 0 0 0 65,923 Fidelity Capital Markets 670346-10-5 NUCOR ORD 04/27/2021 12,000.000 957,342 432,240 638,280 (206,040) 0 0 (206,040) 0 432,240 0 525,102 525,102 11,340 Fidelity Capital Markets 67077M-10-8 NUTRIEN ORD C 06/09/2021 41,600.000 2,481,347 1,967,868 2,003,456 (35,588) 0 0 (35,588) 0 1,967,868 0 513,478 513,478 32,178 Fidelity Capital Markets 736508-84-7 PORTLAND GENERAL ELECTRIC ORD 04/20/2021 21,450.000 1,084,277 600,135 917,417 (317,282) 0 0 (317,282) 0 600,135 0 484,143 484,143 17,482 Fidelity Capital Markets 76131D-10-3 RESTAURANT BRANDS INTRNATIONAL ORD C 06/25/2021 33,027.000 2,249,730 2,018,280 2,018,280 0 0 0 0 0 2,018,280 0 231,450 231,450 29,477
E05.7 Fidelity Capital Markets 92556V-10-6 VIATRIS ORD 05/27/2021 12,134.000 184,751 147,988 227,391 (79,403) 0 0 (79,403) 0 147,988 0 36,763 36,763 1,335 Fidelity Capital Markets 963320-10-6 WHIRLPOOL ORD 06/29/2021 1,600.000 349,420 237,527 288,784 (51,257) 0 0 (51,257) 0 237,527 0 111,893 111,893 4,240 9099999. Subtotal - Common Stocks - Industrial and Miscellaneous (Unaffiliated) Publicly Traded 10,791,659 XXX 8,645,810 11,276,114 (2,630,304) 0 0 (2,630,304) 0 8,645,810 0 2,145,849 2,145,849 182,221 XXX XXX Federal Home Loan Bank 31338#-11-2 FEDERAL HOME LOAN BANK OF BOSTON 06/30/2021 of Boston 27,765.000 2,776,500 2,776,500 2,170,500 0 0 0 0 0 2,776,500 0 0 0 14,926 9199999. Subtotal - Common Stocks - Industrial and Miscellaneous (Unaffiliated) Other 2,776,500 XXX 2,776,500 2,170,500 0 0 0 0 0 2,776,500 0 0 0 14,926 XXX XXX 9799997. Total - Common Stocks - Part 4 13,568,159 XXX 11,422,310 13,446,614 (2,630,304) 0 0 (2,630,304) 0 11,422,310 0 2,145,849 2,145,849 197,147 XXX XXX 9799998. Total - Common Stocks - Part 5 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 9799999. Total - Common Stocks 13,568,159 XXX 11,422,310 13,446,614 (2,630,304) 0 0 (2,630,304) 0 11,422,310 0 2,145,849 2,145,849 197,147 XXX XXX 9899999. Total - Preferred and Common Stocks 13,568,159 XXX 11,422,310 13,446,614 (2,630,304) 0 0 (2,630,304) 0 11,422,310 0 2,145,849 2,145,849 197,147 XXX XXX 9999999 - Totals 428,065,609 XXX 422,501,741 402,054,800 (2,676,412) (942,556) 0 (3,618,968) 0 418,418,669 0 7,225,893 7,225,893 10,456,981 XXX XXX STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY
Schedule DB - Part A - Section 1 - Options, Caps, Floors, Collars, Swaps and Forwards Open N O N E
Schedule DB - Part B - Section 1 - Futures Contracts Open N O N E
Schedule DB - Part B - Section 1B - Brokers with whom cash deposits have been made N O N E
Schedule DB - Part D - Section 1 - Counterparty Exposure for Derivative Instruments Open N O N E
Schedule DB - Part D-Section 2 - Collateral for Derivative Instruments Open - Pledged By N O N E
Schedule DB - Part D-Section 2 - Collateral for Derivative Instruments Open - Pledged To N O N E
Schedule DB - Part E - Derivatives Hedging Variable Annuity Guarantees N O N E
Schedule DL - Part 1 - Reinvested Collateral Assets Owned N O N E
Schedule DL - Part 2 - Reinvested Collateral Assets Owned N O N E
E06, E07, E08, E09, E10, E11, E12 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE E - PART 1 - CASH Month End Depository Balances 1 2 3 4 5 Book Balance at End of Each Month 9 During Current Quarter Amount of Amount of 6 7 8 Interest Received Interest Accrued Rate of During Current at Current Depository Code Interest Quarter Statement Date First Month Second Month Third Month * Federal Home Loan Bank Boston, MA 0.000 0 0 88,383 2,494,744 2,494,154 XXX Deutsche Bank Trust Co Americas New York, NY 0.000 0 0 (66,390,176) (69,381,411) (68,668,666) XXX Chase Manhattan Bank New York, NY 0.000 0 0 483,993 483,993 483,993 XXX Wells Fargo Bank N.A. San Francisco, CA 0.000 0 0 5,209,344 7,385,229 5,917,985 XXX BB&T Bank Winston Salem, NC 0.000 0 0 4,667,471 3,413,143 106,073 XXX PNC Bank Pittsburgh, PA 0.000 0 0 31,751,497 48,006,559 23,680,254 XXX Bank of NY Mellon New York, NY 0.000 0 0 8,370,536 7,748,370 3,814,703 XXX Fifth Third Bank Cincinnati, OH 0.000 0 0 1,403,254 1,403,254 728,512 XXX Bank of America Charlotte, NC 0.000 0 0 (8,956,590) (12,730,813) (5,446,986) XXX 0199998. Deposits in ... 0 depositories that do not exceed the allowable limit in any one depository (See instructions) - Open Depositories XXX XXX 0 0 0 0 0 XXX 0199999. Totals - Open Depositories XXX XXX 0 0 (23,372,288) (11,176,932) (36,889,978) XXX 0299998. Deposits in ... 0 depositories that do not exceed the allowable limit in any one depository (See instructions) - Suspended Depositories XXX XXX 0 0 0 0 0 XXX 0299999. Totals - Suspended Depositories XXX XXX 0 0 0 0 0 XXX 0399999. Total Cash on Deposit XXX XXX 0 0 (23,372,288) (11,176,932) (36,889,978) XXX 0499999. Cash in Company's Office XXX XXX XXX XXX 0 0 0 XXX
0599999. Total - Cash XXX XXX 0 0 (23,372,288) (11,176,932) (36,889,978) XXX
E13 STATEMENT AS OF JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY SCHEDULE E - PART 2 - CASH EQUIVALENTS Show Investments Owned End of Current Quarter 1 2 3 4 5 6 7 8 9 Book/Adjusted Amount of Interest Amount Received CUSIP Description Code Date Acquired Rate of Interest Maturity Date Carrying Value Due and Accrued During Year 0599999. Total - U.S. Government Bonds 0 0 0 1099999. Total - All Other Government Bonds 0 0 0 1799999. Total - U.S. States, Territories and Possessions Bonds 0 0 0 2499999. Total - U.S. Political Subdivisions Bonds 0 0 0 3199999. Total - U.S. Special Revenues Bonds 0 0 0 3899999. Total - Industrial and Miscellaneous (Unaffiliated) Bonds 0 0 0 4899999. Total - Hybrid Securities 0 0 0 5599999. Total - Parent, Subsidiaries and Affiliates Bonds 0 0 0 6099999. Subtotal - SVO Identified Funds 0 0 0 6599999. Subtotal - Unaffiliated Bank Loans 0 0 0 7699999. Total - Issuer Obligations 0 0 0 7799999. Total - Residential Mortgage-Backed Securities 0 0 0 7899999. Total - Commercial Mortgage-Backed Securities 0 0 0 7999999. Total - Other Loan-Backed and Structured Securities 0 0 0 8099999. Total - SVO Identified Funds 0 0 0 8199999. Total - Affiliated Bank Loans 0 0 0 8299999. Total - Unaffiliated Bank Loans 0 0 0 8399999. Total Bonds 0 0 0 31846V-41-9 FIRST AMER:TRS OBG V 06/02/2021 0.010 325,003 2 3 8599999. Subtotal - Exempt Money Market Mutual Funds - as Identified by the SVO 325,003 2 3 09248U-70-0 BLKRK LQ:FEDFUND INSTL 06/01/2021 0.030 85,274 2 11 857492-70-6 SS INST INV:US GV MM PRM 11/17/2020 0.030 444 0 0 8699999. Subtotal - All Other Money Market Mutual Funds 85,718 2 11
E14
9999999 - Total Cash Equivalents 410,721 3 15 *22292202150500102* SUPPLEMENT FOR THE QUARTER ENDING JUNE 30, 2021 OF THE HANOVER INSURANCE COMPANY DIRECTOR AND OFFICER INSURANCE COVERAGE SUPPLEMENT Year To Date For The Period Ended JUNE 30, 2021
NAIC Group Code 0088 NAIC Company Code 22292
Company Name HANOVER INSURANCE COMPANY
If the reporting entity writes any director and officer (D&O) business, please provide the following:
1. Monoline Policies
1 2 3 Direct Written Direct Earned Direct Losses Premium Premium Incurred $ 11,875,094 $ 11,642,823 $ (264,211)
2. Commercial Multiple Peril (CMP) Packaged Policies
2.1 Does the reporting entity provide D&O liability coverage as part of a CMP packaged policy? Yes [ X ] No [ ] 2.2 Can the direct premium earned for D&O liability coverage provided as part of a CMP packaged policy be quantified or estimated? Yes [ X ] No [ ] 2.3 If the answer to question 2.2 is yes, provide the quantified or estimated direct premium earned amount for D&O liability coverage in CMP packaged policies 2.31 Amount quantified: $ 30,814 2.32 Amount estimated using reasonable assumptions: $ 0 2.4 If the answer to question 2.1 is yes, provide direct losses incurred (losses paid plus change in case reserves) for the D&O liability coverage provided in CMP packaged policies. $ 0
505