Selective posts narrow earnings miss as CR increases 3.8 points in Q1

Selective Q1 results

Selective Insurance Group’s Q1 2022 combined ratio increased 3.8 points to 93.1 percent from higher non-catastrophe losses and less favourable prior year casualty reserve development, while operating income dipped by 16.4 percent as the carrier reported earnings that were just short of analysts’ consensus estimate.

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