{
  "report_rows": [
    {
      "kpi": "Combined Ratio \u2014 General Insurance",
      "prediction": "BEAT",
      "answer": "pred ~88.8% vs. cons 90.23%",
      "confidence": "HIGH"
    },
    {
      "kpi": "Net Premiums Written \u2014 General Insurance",
      "prediction": "BEAT",
      "answer": "pred ~$7.85B vs. cons $7.61B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Operating EPS (Diluted)",
      "prediction": "BEAT",
      "answer": "pred ~$1.97 vs. cons $1.90",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY 2026 NPW Growth \u2014 General Insurance (FY2026)",
      "prediction": "BETTER",
      "answer": "guide 'mid-teens' vs. cons ~+10% implied ($26.79B)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY 2026 Operating EPS \u2014 implicit via Investor Day reaffirm (FY2026)",
      "prediction": "BETTER",
      "answer": "guide implied ~$8.05-8.10 vs. cons $7.98",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY 2026 Combined Ratio \u2014 General Insurance (FY2026)",
      "prediction": "UNCHANGED",
      "answer": "guide reaffirm sub-90% vs. cons 90.14%",
      "confidence": "HIGH"
    }
  ],
  "day1_residual_pct": 3.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 2.0,
  "day5_path": "STABILIZE",
  "day5_rationale": "STABILIZE \u2014 quality underwriting beat supports follow-through; H2 implied math (H2 2026 ~$3.90 vs. H2 2025 $4.17) limits upside as sell-side re-models",
  "day5_confidence": "MEDIUM"
}