AM Best has affirmed the credit ratings of The Hanover Insurance Group Inc. and its subsidiaries, maintaining a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of "a+" (Excellent) for its property/casualty subsidiaries. The parent company received a Long-Term ICR of "bbb+" (Good). The outlook for all ratings is stable, reflecting The Hanover's strong balance sheet, adequate operating performance, and favorable business profile.
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