Selective management expects carrier to report 90% CoR for FY 2021
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Selective management expects carrier to report 90% CoR for FY 2021

John Hewitt Jones
April 29, 2021
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CEO John Marchioni

Management at Selective Insurance has updated the carrier’s profit guidance for 2021, saying it now expects the company to report a combined ratio of 90% for the full year.

This represents a one-point improvement on the company’s prior 91% estimate.

Speaking on a first quarter earnings call on Thursday, CEO John Marchioni said the insurer’s expectations had been bolstered by its strong report for the first quarter.

“We

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