EX-12.1 4 thg-20161231xex12_1.htm EX-12.1 EX 121

Exhibit 12.1

The Hanover Insurance Group, Inc.

Computation of Ratio of Earnings to Fixed Charges

(in millions, except ratios)







 

 

 

 

 

 

 

 

 



Fiscal Years Ended December 31



2016

 

2015

 

2014

 

2013

 

2012

Income before income taxes

 192.3 

 

 439.4 

 

 378.0 

 

 329.1 

 

 28.7 

Fixed charges:

 

 

 

 

 

 

 

 

 

Interest expense

 54.9 

 

 60.6 

 

 65.8 

 

 65.8 

 

 62.5 

Interest portion of rental expense

 6.1 

 

 5.7 

 

 6.7 

 

 7.1 

 

 7.4 

Total fixed charges

 61.0 

 

 66.3 

 

 72.5 

 

 72.9 

 

 69.9 

Income before income taxes and fixed charges

 253.3 

 

 505.7 

 

 450.5 

 

 402.0 

 

 98.6 

Ratio of earnings to fixed charges

 4.152 

 

 7.627 

 

 6.214 

 

 5.514 

 

 1.411