Exhibit 12.1

The Hanover Insurance Group, Inc

Computation of Ratio of Earnings to Fixed Charges

(in millions, except ratios)

Including realized gains and losses

	Fiscal Years Ended
	December 31, 2011		December 31, 2010		December 31, 2009		December 31, 2008		December 31, 2007
Earnings before income taxes, minority interest, extraordinary items and cumulative effect of accounting changes		22.3		211.1		270.9		164.4		341.5
Fixed charges:
Interest expense		55.0		44.3		35.5		41.0		40.7
Interest portion of rental expense		7.0		5.7		5.1		5.6		5.7
Total fixed charges		62.0		50.0		40.6		46.6		46.4
Earnings before income taxes, minority interest, extraordinary items, cumulative effect of accounting changes and fixed charges		84.3		261.1		311.5		211.0		387.9
Ratio of earnings to fixed charges		1.360		5.222		7.672		4.528		8.360