Selective
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During first quarter earnings calls, insurers argued that they can mitigate volatility. -
CEO Marchioni said the overall hit would likely be “in the low single digits”.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Regionals and smaller carriers need to exercise vigilance when expanding commercial casualty lines.
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The company’s combined ratio rose 6.5 points from 2023.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Worrisome trends in the line may be warning signs of worse to come.
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Modeling misses may have undervalued the storm’s inland wind impacts.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The executive joins Selective after 19 years at Progressive.
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Regionals may be particularly vulnerable to problematic loss cost trends and volatile cat losses.
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Travelers and Selective’s releases point to ongoing reserving challenges this earnings season.
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