Selective Q1 CoR increases 3.8 points to 93.1%, reiterates guidance
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Selective Q1 CoR increases 3.8 points to 93.1%, reiterates guidance

Jairo Ibarra
May 04, 2022
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Selective Insurance Group recorded a 3.8-point deterioration in its Q1 combined ratio to 93.1%, driven by higher losses in the commercial and personal lines segments that outweighed improvements in the excess and surplus (E&S) division.

The carrier said that the Q1 results were driven primarily by higher non-catastrophe property losses and less favorable prior-year casualty reserve development, partially offset by lower catastrophe losses.

The

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Jairo Ibarra
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