Feb 15, 2023 / 02:40PM GMT
Grace Helen Carter - BofA Securities, Research Division - Research Analyst
Hi, everyone. We're going to go ahead and get started. Thank you for coming to the Selective Fireside Chat today. We have John Marchioni, the CEO; and Mark Wilcox, the CFO with us today. And we're going to get started with a question about everyone's favorite topic, ROE.
Questions and Answers:
Grace Helen Carter - BofA Securities, Research Division - Research AnalystSo the target for this year is 12%, which is an increase from the target of 11% at this time last year. Could you also speak to how you establish the target for this year? And the other guidance you provided kind of implies upside to that so if you could just speak to the difference between what the other guidance implies and the ROE target. Maybe you could also hit on your long-term combined ratio target of 95% and how that factors in.
John Joseph Marchioni - Selective Insurance Group, Inc. - CEO, President & Chairman
We got a lot of questions in there, Grace. It's all
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