Selective
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Worrisome trends in the line may be warning signs of worse to come. -
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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A quick round-up of today’s need-to-know news, including the Microsoft outage and Travelers' results.
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The carrier’s CoR increased 15.9 points YoY to 116.1% on unfavorable GL development.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The action comes in addition to a $55mn unfavorable development in GL in Q4 2023.
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Commercial carrier earnings continue to show mixed prior-year development.
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The $55mn hit is about 3% of the carrier’s general liability net reserves.
Related
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Reserving questions lead to insurance stock rout
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Q4 earnings roundup January 31: Axis, Markel, The Hanover, Selective
January 31, 2024 -
Selective CFO Wilcox resigns; Harnett in as interim CFO
October 03, 2023