Selective Insurance sees Q2 non-GAAP EPS 99c, consensus $1.13

Expects pre-tax net catastrophe losses totaling approximately $100M. Each underwriting segment was impacted, with $63M of pre-tax net catastrophe losses in Standard Commercial Lines, $21M in Standard Personal Lines, and $16M in Excess and Surplus Lines. Nineteen named events impacted results. Most storms were in the Midwest and East Coast footprint states, and none were large enough to attach to catastrophe reinsurance treaty.