The Hanover Insurance Group, Inc.
The Hanover Insurance Group, Inc. (NYSE: THG) is trading at $216.58, about ₹20,805 at today's USD/INR rate, as of 30 Sep 2026, 1:30 PM ET, down 0.63% today. Indian residents can buy The Hanover Insurance from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$216.47
Today's high
$219.49
52 week low
$166.54
52 week high
$236.07
THG opened at $217.72, closed previously at $217.96, and has traded between $166.54 and $236.07 over the past 52 weeks.
About
The Hanover Insurance Group, Inc. (THG) is a U.S.-based insurer offering a wide array of property and casualty coverage through its various operating units. Its operations are organized into three main divisions: Commercial Lines, Personal Lines, and an "Other" segment. The Commercial Lines division delivers a comprehensive suite of business insurance solutions, including multi-peril, commercial auto, and workers' compensation policies. It also provides management and professional liability, marine, specialized industrial and commercial property, standalone general liability, surety bonds, umbrella liability, fidelity, crime, and additional commercial protection. Within Personal Lines, customers can access auto and homeowners' insurance, alongside other individual coverages like personal umbrella policies, inland marine, fire, personal watercraft, and personal cyber protection. The "Other" segment focuses on delivering investment management expertise to institutions, pension funds, and a range of other organizational clients. Distribution of Hanover's offerings is primarily facilitated by a network of independent agents and brokers. Originally incorporated as Allmerica Financial Corp., the company adopted its current name, The Hanover Insurance Group, Inc., in December 2005. Established in 1852, The Hanover Insurance Group, Inc. maintains its corporate headquarters in Worcester, Massachusetts.
Key statistics
Avg. volume
318.18K
Market cap
$7.54B
P/E Ratio
10.20
Price-to-sales ratio
1.12
Enterprise value
$6.62B
Free cash flow yield
17.94%
Debt-to-equity ratio
0.23
Return on equity
18.55%
ROIC
11.58%
Beta
0.28
Dividend yield
1.75%
Last dividend
$3.80
Financial overview
Revenue
$6.60B
Earnings per share
$18.51
Free cash flow
$1.17B
Net profit margin
11.18%
Gross margin
39.89%
EBITDA
$882.40M
Revenue growth
6.12%
Similar securities
This is not an investment recommendation
How to buy The Hanover Insurance from India
Indian residents can buy The Hanover Insurance shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for The Hanover Insurance and place an order
Find The Hanover Insurance by name or by its ticker, THG, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. The Hanover Insurance trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your The Hanover Insurance position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in The Hanover Insurance from India
Trading and taxes when buying The Hanover Insurance from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. The Hanover Insurance’s current yield is 1.75%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy The Hanover Insurance stock?
Yes. The Hanover Insurance (THG) has been listed on the New York Stock Exchange since 1995, in the Insurance - Property & Casualty industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one The Hanover Insurance share cost in rupees?
One The Hanover Insurance share is $216.58 — about ₹20,805 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the The Hanover Insurance price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying The Hanover Insurance from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy The Hanover Insurance with less than the price of one share?
Yes. A whole The Hanover Insurance share is $216.58, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on The Hanover Insurance shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the The Hanover Insurance price. Paasa issues a capital-gains statement for your return.
Does The Hanover Insurance pay a dividend, and how is it taxed in India?
Yes. The Hanover Insurance pays a dividend and the current yield is 1.75%; the last declared dividend was $3.80 per share, about ₹365.03. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade The Hanover Insurance from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on The Hanover Insurance shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare The Hanover Insurance shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your The Hanover Insurance holding, its cost and its closing value.
How do I sell The Hanover Insurance and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.