Selective’s Q3 UW gain narrows by 83% to $4mn as cat losses surge to $149mn

Selective’s underwriting gain collapsed by 83 percent to $4mn in the third quarter from $25mn the year before, driven by catastrophe losses that surged to $149mn from $65mn, but the insurer’s core loss ratio improved by 380 basis points to 55.4 percent.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com