UPDATE 1-Hanover Insurance posts Q2 profit on investment gains

* Q2 EPS $1.25 vs loss/shr $0.20 yr ago

* Q2 helped by investment gains

July 30 ( Reuters) - Hanover Insurance Group Inc (THG.N) posted a second-quarter profit, as net realized investments swung to a gain from a loss a year ago.

"Our visibility to profitable growth momentum, including improvements in pricing, gives us confidence to continue to invest in our business in order to capitalize on these opportunities," Chief Executive Frederick Eppinger said.

The insurance holding company posted a quarterly net income of $64.4 million, or $1.25 a share, compared with a net loss of $10.2 million, or 20 cents a share loss, a year ago.

Investment gains reversed to a profit of $19.1 million, compared with a loss of $7.6 million last year.

Total segment income fell 21 percent to $44 million.

Eppinger said the company was seeing benefits from the disruption in the marketplace and believes the momentum is just beginning to reflect.

Net income included an after-tax gain of $22.3 million, or $0.43 per share, from debt restructuring.