{
  "report_rows": [
    {
      "kpi": "Core operating EPS",
      "prediction": "BEAT",
      "answer": "pred ~$6.85 vs. cons $6.72",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "P&C combined ratio",
      "prediction": "BEAT",
      "answer": "pred ~85.0% vs. cons 85.9%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Consolidated net premiums written",
      "prediction": "IN-LINE",
      "answer": "pred ~$14.86B vs. cons $14.98B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Adjusted net investment income",
      "prediction": "LOWER",
      "answer": "guide ~$1.86B vs. cons $1.87B (2026Q3)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "P&C net-premium growth commentary",
      "prediction": "LOWER",
      "answer": "guide ~4.5% vs. cons 5.5% (2026H2)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Core operating effective tax rate",
      "prediction": "UNCHANGED",
      "answer": "guide ~19.75% vs. cons 19.70% (FY2026)",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": 0.8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -0.6,
  "day5_path": "FADE",
  "day5_rationale": "Day-5 residual ~-0.6% vs. day-1 residual ~+0.8%; an initial EPS and combined-ratio beat fades as softer large-account property volume and slightly lower investment-income guidance pull out-period estimates down.",
  "day5_confidence": "LOW"
}