Selective Insurance Group

Selective Insurance Group, Inc. provides property and casualty insurance products. It operates through the following segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The Standard Commercial Lines segment offers insurance products and services to commercial customers, such as non-profit organizations and local government agencies. The Standard Personal Lines segment consists of insurance products and services, including flood insurance coverage. The E&S Lines segment includes insurance products and services provided to customers who have not obtained coverage in the standard marketplace. The Investments segment includes premiums collected by various segments and engages in the issuance of debt and equity securities. Selective Insurance Group was founded by Daniel L. B. Smith in 1926 and is headquartered in Branchville, NJ.

Earnings data Q1 2021

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Earnings data Q4 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Selective Insurance Group (SIGI) posts robust Q4 results and eyes growth amidst challenges

Selective Insurance Group (SIGI) delivered strong financial performance in Q4 2022, driven by premium growth and underwriting results.
While facing challenges such as non-cat property losses and the need for profitability improvements, Selective remains focused on growth opportunities.
Strategic initiatives, solid segment performance, and a positive outlook for 2023 underscore Selective's resilience and commitment to sustained profitability.

Selective Insurance Group posts robust Q1 results amidst industry challenges

Selective Insurance Group (SIGI) delivered a strong Q1 2023 performance with growth in net premiums written and a profitable combined ratio.
Management's focus on underwriting discipline and market repositioning efforts drove new business growth in personal lines.
Analysts raised inquiries about loss trends, pricing strategies, and commercial real estate exposure, highlighting areas for further exploration.

Selective Insurance Group reports robust Q2 performance amidst catastrophe challenges

Selective Insurance Group delivered a strong performance in Q2 2023 despite challenges posed by catastrophe losses, maintaining a focus on underwriting discipline and pricing consistency.
The company's strategic strengths lie in its robust balance sheet, strong written premium growth, and plans for pursuing growth opportunities through geographic expansion and product portfolio optimization.
While facing challenges related to catastrophe losses and analyst inquiries, Selective remains well-positioned to capitalize on opportunities for growth and market expansion.

Selective Insurance Group (SIGI) reports robust Q3 performance and addresses profitability challenges

SIGI's strong financial performance in Q3 2023 showcased resilience and strategic focus on underwriting and investment income, driving growth in net premiums and EPS.
While facing challenges from industry trends and pricing pressures, the company is actively addressing profitability concerns in Personal Lines and catastrophe loss ratios.
Selective Insurance Group's proactive approach to managing risks and seizing opportunities positions them well to navigate evolving market dynamics and enhance shareholder value.

Selective Insurance Group (SIGI) reports robust Q4 performance and strategic growth outlook

Selective Insurance Group (SIGI) showcased strong financial performance and operational resilience in Q4 2023, driven by milestone achievements and strategic actions across key segments.
While facing challenges such as adverse casualty development and scrutiny on reserves, SIGI remains proactive in addressing concerns and seizing opportunities for growth.
With a focus on stability in commercial lines, rate increases in personal lines, and strategic risk management decisions, SIGI is poised for continued success in 2024.

Selective Insurance Group reports solid Q1 performance amidst industry challenges

Selective Insurance Group (SIGI) showed strong growth in premiums and improved investment income in Q1 2024.
While facing challenges from elevated loss trends and social inflation, the company maintains a solid financial position.
Opportunities lie in geographic expansion, pricing adjustments, and strategic reinsurance decisions.

Selective Insurance Group (SIGI) addresses challenges, sees growth potential

Selective Insurance Group (SIGI) navigated a challenging quarter with a high combined ratio and operating loss, but showed strength in segments like Excess and Surplus.
Despite facing challenges such as social inflationary trends, the company took actions to address loss trends and enhance pricing strategies for future growth.
With opportunities to improve profitability through operational efficiency and strategic focus, Selective Insurance Group (SIGI) aims to drive sustainable growth in the coming quarters.

Selective Insurance Group reports solid Q3 performance amidst industry challenges

Selective Insurance Group navigated Q3 2024 with a focus on maintaining strong underwriting discipline and capital strength amidst challenges from catastrophe losses and social inflation.
The company's strategic actions to enhance profitability and shareholder value through stock repurchases and dividend increases demonstrate a commitment to long-term growth.
With opportunities in Commercial and Personal Lines segments, Selective is poised to leverage its strengths and address challenges to drive sustainable performance and value creation.

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Selective Insurance Group, Inc. is an insurance holding company, which engages in the provision of property and casualty insurance products. It operates through the following segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The Standard Commercial Lines segment offers insurance products and services to commercial customers, such as non-profit organizations and local government agencies. The Standard Personal Lines segment consists of insurance products and services, including flood insurance coverage. The E&S Lines segment includes insurance products and services provided to customers who have not obtained coverage in the standard marketplace. The Investments segment refers to premiums collected by various segments and engages in the issuance of debt and equity securities. The company was founded by Daniel L. B. Smith in 1926 and is headquartered in Branchville, NJ.

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Let's see how Selective Insurance Group (SIGI) and Axis Capital Holdings Limited (AXS) fare in terms of some of the key metrics.

AXS or SIGI: Which P&C Insurer Should You Stay Invested In?

Selective Insurance (SIGI) reported earnings 30 days ago. What's next for the stock?

Selective Insurance (SIGI) Up 0.1% Since Last Earnings Report: Can It Continue?

Selective Insurance (SIGI) stands to gain from strong renewal, fuel price increases, exposure growth, higher income earned on fixed-income securities portfolio and prudent capital deployment.

Reasons Why Investors Should Retain Selective Insurance (SIGI)

Selective Insurance Group, Inc. (NASDAQ:SIGI ) Q1 2024 Results Conference Call May 2, 2024 11:00 AM ET Company Participants Brad Wilson - SVP, IR and Treasurer John Marchioni - Chairman, President and Chief Executive Officer Tony Harnett - SVP, Chief Accounting Officer and Interim Chief Financial Officer Conference Call Participants Mike Zaremski - BMO Capital Markets Michael Phillips - Oppenheimer Dean Criscitiello - KBW Matt Carletti - Citizens JMP Grace Carter - Bank of America Bob Farnam - Janney Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.

Selective Insurance Group, Inc. (SIGI) Q1 2024 Earnings Call Transcript

Selective Insurance (SIGI) first-quarter results suffer due to higher non-catastrophe property loss and loss expenses. However, average renewal pure price increases and new business growth offer some respite.

Selective Insurance (SIGI) Q1 Earnings Miss, Premiums Rise Y/Y

Although the revenue and EPS for Selective Insurance (SIGI) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Selective Insurance (SIGI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Selective Insurance (SIGI) came out with quarterly earnings of $1.33 per share, missing the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.44 per share a year ago.

Selective Insurance (SIGI) Q1 Earnings and Revenues Lag Estimates

Net Income of $1.31 per Diluted Common Share and Non-GAAP Operating Income1 of $1.33 per Diluted Common Share Return on Common Equity ("ROE") of 11.5% and Non-GAAP Operating ROE1 of 11.7% Selective's Quarterly Analyst Conference Call to be Held at 8:00 AM ET, on Thursday, May 2, 2024 In the first quarter of 2024: Net premiums written ("NPW") increased 16% compared to the first quarter of 2023; The GAAP combined ratio was 98.2%, compared to 95.7% in the first quarter of 2023; Commercial Lines renewal pure price increases averaged 7.6%, up 0.6 points from 7.0% in the first quarter of 2023; After-tax net investment income was $86 million, up 17% compared to the first quarter of 2023; Book value per common share was $46.17, up 2% from last quarter; and Adjusted book value per common share¹ was $50.97, up 2% from last quarter. BRANCHVILLE, N.J.

Selective Reports First Quarter 2024 Results

BRANCHVILLE, N.J. , April 3, 2024 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) will announce its first quarter financial results on Wednesday, May 1, 2024, after market close.

Selective Insurance Schedules Earnings Release and Conference Call to Announce First Quarter 2024 Results

Selective Insurance (SIGI) is poised to benefit from strong renewal, fuel price increases, exposure growth, higher income earned on fixed-income securities portfolio and prudent capital deployment.

Here's Why Hold Strategy is Apt for Selective Insurance (SIGI)

Selective Insurance (SIGI) Up 7.9% Since Last Earnings Report: Can It Continue?

Here's Why Investors Should Hold Selective Insurance (SIGI)

BRANCHVILLE, N.J. & LOS ANGELES--(BUSINESS WIRE)--Selective Insurance, a leading business, home, and auto insurer, today announced that it is working with Phyn, the leader in intelligent water solutions, to offer Phyn Plus, its award-winning smart water monitoring device to eligible homeowners policyholders. Phyn's innovative technology monitors a property's plumbing system to detect and mitigate leaks before they can cause extensive damage to homes and possessions. Water damage is one of the m.

Selective Insurance Now Offers the Phyn Smart Water and Leak Detection Solution to Eligible Homeowner Customers

BRANCHVILLE, N.J. , Feb. 8, 2024 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) announced today that John J.

Selective to Speak at the Bank of America Securities 2024 Financial Services Conference

Selective Insurance Group, Inc. (SIGI) Q4 2023 Earnings Call Transcript

Selective Insurance (SIGI) fourth-quarter results reflect average renewal pure price increases, new business growth, solid net investment income as well as lower catastrophe losses.

Selective Insurance (SIGI) Q4 Earnings Beat on Solid Underwriting

Although the revenue and EPS for Selective Insurance (SIGI) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Selective Insurance (SIGI) Reports Q4 Earnings: What Key Metrics Have to Say

Net Income of $2.01 per Diluted Common Share and Non-GAAP Operating Income1 of $1.94 per Diluted Common Share; Return on Common Equity ("ROE") of 18.9% and Non-GAAP Operating ROE1 of 18.2% Full Year 2023 ROE of 14.3% and Non-GAAP Operating ROE 1  of 14.4%; Achieved 10th Consecutive Year of Double-Digit Non-GAAP Operating ROE 1 In the fourth quarter of 2023: Net premiums written ("NPW") increased 17% from the fourth quarter of 2022; The GAAP combined ratio was 93.7%, 1-point better than the fourth quarter of 2022; Commercial Lines renewal pure price increases averaged 7.3%, up 1.7 points from 5.6% in the fourth quarter of 2022; After-tax net investment income was $78 million, up 20% compared to the fourth quarter of 2022; Book value per common share was $45.42, up 13% from last quarter; and Adjusted book value per common share¹ was $50.03, up 3% from last quarter. BRANCHVILLE, N.J.

Selective Reports Fourth Quarter and Year-End 2023 Results

Get a deeper insight into the potential performance of Selective Insurance (SIGI) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Countdown to Selective Insurance (SIGI) Q4 Earnings: Wall Street Forecasts for Key Metrics

BRANCHVILLE, N.J. , Jan. 10, 2024 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) will announce its fourth quarter financial results on Wednesday, January 31, 2024, after market close.

Selective Insurance Schedules Earnings Release and Conference Call to Announce Fourth Quarter 2023 Results

Selective Insurance (SIGI) stands to gain from exposure growth, solid retention rates, strong new business and higher income earned on fixed-income securities portfolio.

Should You Retain Selective Insurance (SIGI) Stock Now?

Selective Insurance (SIGI) stands to gain from exposure growth, solid retention rates, strong new business growth and higher income earned on fixed-income securities portfolio.

Reasons Why You Should Hold Selective Insurance (SIGI) Stock

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Selective Insurance Group, Inc. (NASDAQ:SIGI ) Q3 2023 Earnings Conference Call November 2, 2023 11:00 AM ET Company Participants Brad Wilson - Senior Vice President, Investor Relations and Treasurer John Marchioni - President and Chief Executive Officer Mark Wilcox - Executive Vice President and Chief Financial Officer Conference Call Participants Grace Carter - Bank of America Merrill Lynch Andrew Lambrecht - Piper Sandler Robert Farnam - Janney Montgomery Scott LLC Operator Good day, everyone. Welcome to Selective Insurance Group's Third Quarter 2023 Earnings Call.

News for Selective Insurance Group Stock (SIGI)