Selective property severity trends swelling to 10% range: CEO Marchioni
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Selective property severity trends swelling to 10% range: CEO Marchioni

Selective with Marchioni v2.jpg

Selective CEO John Marchioni detailed that the commercial lines carrier saw higher-than-expected severity in its property segment as frequency stabilized.

On an earnings call with analysts, the executive added that "current year severity trends in property are running closer to 10%".

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