Selective Insurance has announced lower-than-projected pre-tax net losses of $40mn for Superstorm Sandy, which amount to $30.3mn after tax and make up less than half of the carrier's full-year cat losses of $64.1mn.
Selective Insurance has announced lower-than-projected pre-tax net losses of $40mn for Superstorm Sandy, which amount to $30.3mn after tax and make up less than half of the carrier's full-year cat losses of $64.1mn.