Selective
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Differing views on the impact of a lower rate environment emerged as a key controversy from company presentations Thursday. -
Better E&S underwriting results and NII boost partially offset by offset by higher cats and expenses.
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Gregory Murphy said there needs to be greater understanding of reinsurers’ credit risk.
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Selective achieved renewal pure price increases that, on average, were in line with expected loss trends.
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The commercial insurer improved operating EPS by 95.7% following renewal price increases but missed Wall Street expectations.
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