Selective
-
Normalized growth and peak multiples confirm we are headed towards a Darwinian race. -
Selective’s CEO earlier attributed Q3 adverse development to the NJ market.
-
By line of business, $35mn of the charge relates to commercial auto and $5mn to personal auto.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The regional insurer has increased its weighting to OLO and commercial auto, versus comp.
-
Loss trend concerns persist, but insurers are vouching on the opportunity to push for more rate increases.
-
The carrier has been steadily increasing loss trend estimates.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
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”.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
Regionals and smaller carriers need to exercise vigilance when expanding commercial casualty lines.
-
The company’s combined ratio rose 6.5 points from 2023.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
Worrisome trends in the line may be warning signs of worse to come.
-
Modeling misses may have undervalued the storm’s inland wind impacts.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The executive joins Selective after 19 years at Progressive.
-
Regionals may be particularly vulnerable to problematic loss cost trends and volatile cat losses.
-
Travelers and Selective’s releases point to ongoing reserving challenges this earnings season.
-
A quick round-up of today’s need-to-know news, including the Microsoft outage and Travelers' results.
-
The carrier’s CoR increased 15.9 points YoY to 116.1% on unfavorable GL development.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The action comes in addition to a $55mn unfavorable development in GL in Q4 2023.
