Insurance Day
Selective Q3 profit rises 4% despite doubling of catastrophe losses
US property/casualty group's underwriting income falls 83% to $4.1m in third quarter, as catastrophe losses jump to $149m
US property/casualty insurer Selective Insurance Group reported net earnings edged up 4% to $90m in the third quarter, as
higher investment returns offset a catastrophe-driven decline in underwriting income.