Selective Q1 cat losses one point above expectation: CEO
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Selective Q1 cat losses one point above expectation: CEO

Selective logo with Marchioni.jpg

Selective Insurance Q1 cat losses were one point above the company’s expectations for the period as industry cat losses were “significantly above” long term averages, CEO John Marchioni said.

The executive was speaking with analysts after the company’s Q1 combined ratio climbed 2.6 points to 95.7%, driven by 6.1

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