Selective sees Q2 net loss as combined ratio climbs to 116.1%

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Reinsurance News - Jul 19, 2024

Selective Insurance has reported a net loss of $65.6 million for Q2 of 2024, with a combined ratio of 116.1% in what the firm described as a “challenging” quarter. According to the firm, a net unfavourable prior year casualty reserve development of $176 million increased the combined rat...

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