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The Hanover Insurance Group was established in 1852 near Hanover Square in Manhattan in New York City.It paid a cash dividend to shareholders every year since 1853. [2]Though remaining a relatively small company over the next 125 years, Hanover's common stock price multiplied between 1971 and 1983 by over 23 times from its low point in the decade to its eventual peak.
The Hanover Insurance Group (THG) and its subsidiaries received rating action from A.M. Best reflecting solid business profile, solid operational performance, among others.
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
Hannover Re was founded on 6 June 1966. In the 1970s, the company entered the US and Japanese markets. In 1981, the company made its first acquisition of a foreign insurance group – the Hollandia Group (now Hannover Re Group Africa).
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Insurance companies with headquarters located in the United States. A large number of United States-based insurance companies are actually headquartered in Bermuda ; see Category:Insurance companies of Bermuda .
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EXL acquired Clairvoyant, a global data, AI, and cloud services firm, on December 20, 2021. Clairvoyant specializes in data engineering and cloud ennoblement, further supporting EXL's clients in insurance, healthcare, banking and financial services, and retail. [20] 2018. EXL acquired SCIOInspire Holdings, a healthcare analytics company on July ...