Commercial Lines Business Aids Selective Insurance, Cat Loss Ails
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Selective Insurance (SIGI) is experiencing growth due to rising premiums and new business in Commercial Lines and Excess and Supply Lines. However, this growth is partially offset by exposure to catastrophic losses.
March 14, 2025 | 4:15 pm
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Selective Insurance is benefiting from increased premiums and new business in its Commercial Lines and Excess and Supply Lines segments. However, its growth is partially hindered by exposure to catastrophic losses.
The article highlights both positive and negative factors affecting SIGI. The growth in premiums and new business is a positive sign, but the exposure to catastrophic losses could offset these gains. This results in a neutral short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100