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via finance.yahoo.comBusiness & Companies

Selective Insurance: Q3 with better underwriting margins and a positive market reaction

FROM THE WIRE · FINANCE.YAHOO.COM

5 revealing analyst questions from Selective Insurance Group's Q3 earnings call Selective Insurance Group's third quarter was marked by a positive market reaction, as management focused on improved underwriting margins and robust investment income despite a modest revenue…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results with revenue slightly below estimates but better margins: ordinary effect on the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Revenue was $1.33 billion versus $1.35 billion expected.
  2. 02The CEO cites greater pricing and underwriting granularity.
  3. 03Net investment income supported profitability.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Selective Insurance Group, Inc.SIGIStock98.71 USD+0.43%today +2.17%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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