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The Hanover Insurance Group Appoints Robert P. Myron Director, Corporate Finance And Treasurer

WORCESTER, Mass., (November 12, 2007) – The Hanover Insurance Group, Inc. (NYSE: THG) today announced that Robert P. Myron has been appointed director of corporate finance and treasurer.

In this role, he will oversee the company’s corporate finance activities, including capital management and related initiatives, manage its treasury function and support business development and merger and acquisition efforts.

“Bob is an experienced and highly-skilled financial professional and will add depth to our financial leadership team,” said Frederick H. Eppinger, chief executive officer of The Hanover Insurance Group. “We fully expect to benefit from his broad financial experience and his knowledge of the property and casualty business as we continue to further strengthen our excellent financial condition.”    

Myron comes to The Hanover from Argo Group International Holdings, Ltd., a Bermuda-based international underwriter of specialty insurance and reinsurance products in the property and casualty market.  He was executive vice president, chief financial officer and treasurer at Argo Group, and prior to that was in the same role at PXRE Group Ltd., a Bermuda-based global reinsurance provider focused primarily on property catastrophe reinsurance and retrocessional coverage.  PXRE was a publicly-owned company traded on the New York Stock Exchange until its recent merger with Argonaut Group, Inc., the predecessor company to Argo Group.   At PXRE, he provided strong leadership to the company’s financial team and successfully guided the organization through a complex merger transaction, ending in the merger with Argonaut. 

Previously, Bob served as president of Select Reinsurance, a Bermuda-based provider of property/casualty and structured reinsurance, and prior to that served in key management roles in audit and business advisory services at the international accounting and consulting firm of PriceWaterhouseCoopers.

A graduate of Babson College, Bob is a certified public accountant and also holds the AICPCU Associate in Reinsurance designation.

About The Hanover

The Hanover Insurance Group, Inc. (NYSE: THG), based in Worcester, Mass., is the holding company for a group of insurers that includes The Hanover Insurance Company, also based in Worcester, Citizens Insurance Company of America, headquartered in Howell, Michigan, and their affiliates. The Hanover offers a wide range of property and casualty products and services to individuals, families and businesses through an extensive network of independent agents, and has been meeting its obligations to its agent partners and their customers for more than 150 years. Taken as a group, The Hanover ranks among the top 40 property and casualty insurers in the United States.

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