RenaissanceRe (RNR) vs Hanover Insurance Group (THG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
RenaissanceRe (RNR) has outperformed Hanover Insurance Group (THG) over the past year, gaining 21.0% versus a gain of 17.9%. Over five years, RNR leads with a +118.4% price change compared with +62.0% for THG. RenaissanceRe is the larger company by market cap ($13.42 billion vs $7.58 billion), about 1.8 times the size.
On valuation, RenaissanceRe trades at a lower forward P/E (7.9x vs 11.1x for Hanover Insurance Group). Hanover Insurance Group offers the higher dividend yield (1.72% vs 0.50%). RenaissanceRe converts more of its revenue into profit, with a net margin of 20.9% versus 10.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | RNR | THG |
|---|---|---|
| Share price | $323.03 | $217.61 |
| Market cap | $13.42B | $7.58B |
| 1-day change | -0.43% | -1.10% |
| YTD return | +14.89% | +19.06% |
| 1-year return | +20.97% | +17.95% |
| 5-year return | +118.38% | +61.98% |
| P/E ratio (TTM) | 5.60 | 10.53 |
| Forward P/E | 7.86 | 11.10 |
| EPS (TTM) | $57.66 | $20.66 |
| Dividend yield | 0.50% | 1.72% |
| Annual dividend | $1.62 | $3.75 |
| Revenue (latest FY) | $12.85B | $6.59B |
| Revenue growth (YoY) | +9.86% | +5.72% |
| Net income (latest FY) | $2.68B | $662.50M |
| Operating margin | — | 14.15% |
| Net margin | 20.88% | 10.05% |
| 52-week high | $340.24 | $236.07 |
| 52-week low | $231.17 | $166.54 |
| Distance from 52-week high | -5.06% | -7.82% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +7.54% | +8.91% |
| Average volume | 308.76K | 310.32K |
| Shares outstanding | 41.55M | 34.82M |
| Employees | 1,040 | 4,900 |
| Sector | Financial Services | Finance |
| Industry | Insurance - Reinsurance | Property-Casualty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Hanover Insurance Group trades at a higher earnings multiple (10.5x vs 5.6x trailing P/E).
- Hanover Insurance Group offers a meaningfully higher dividend yield (1.72% vs 0.50%).
- RenaissanceRe is more profitable, keeping 20.9 cents of every revenue dollar as net income versus 10.0 cents for Hanover Insurance Group.
- The two companies sit in different sectors: RenaissanceRe in Financial Services and Hanover Insurance Group in Finance.
About RenaissanceRe
RNR stock →RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments.
Financial Services · Insurance - Reinsurance · 1,040 employees
About Hanover Insurance Group
THG stock →The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services for individuals and businesses in the United States. It operates in four segments: Core Commercial, Specialty, Personal Lines, and Other.
Finance · Property-Casualty Insurers · 4,900 employees
RNR vs THG FAQ
Which is bigger, RenaissanceRe or Hanover Insurance Group?
RenaissanceRe (RNR) is larger, with a market capitalization of $13.42B compared with $7.58B for Hanover Insurance Group (THG).
Which stock has performed better over the past year, RNR or THG?
RNR returned +20.97% over the past 12 months, compared with +17.95% for THG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, RNR or THG?
RNR has the lower trailing P/E at 5.6, versus 10.5 for THG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, RenaissanceRe or Hanover Insurance Group?
Hanover Insurance Group has the higher yield at 1.72%, compared with 0.50% for RenaissanceRe.
Are RenaissanceRe and Hanover Insurance Group in the same industry?
No. RenaissanceRe is in the Financial Services sector, while Hanover Insurance Group is in Finance.