{
  "report_rows": [
    {
      "kpi": "Operating EPS",
      "prediction": "BEAT",
      "answer": "pred ~$1.97 vs. cons $1.90",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "General Insurance combined ratio",
      "prediction": "BEAT",
      "answer": "pred ~89.1% vs. cons 90.23%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "General Insurance NPW",
      "prediction": "BEAT",
      "answer": "pred ~$7.70B vs. cons $7.61B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 General Insurance NPW growth",
      "prediction": "UNCHANGED",
      "answer": "guide low to mid-teens vs. cons $26.79B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "2H26 NPE-growth commentary",
      "prediction": "UNCHANGED",
      "answer": "guide reacceleration vs. cons UNVERIFIED",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -2.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -1.0,
  "day5_path": "FADE",
  "day5_rationale": "FADE \u2014 beat without a forward upgrade",
  "day5_confidence": "MEDIUM"
}