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Stock impact report

Selective Insurance Group Q1 Earnings Call Highlights [Yahoo! Finance]

Selective Insurance Group, Inc. (SIGI) 
Last selective insurance group, inc. earnings: 1/30 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: selective.com/investors
Company Research Source: Yahoo! Finance
operating returns) with GAAP EPS of $1.58 and an underlying combined ratio of 92.1; management reported no prior-year casualty reserve development and reaffirmed full-year guidance (underlying 90.5%–91.5%, GAAP 96.5%–97.5% assuming 6 pts of catastrophe). The company is prioritizing underwriting margins over growth , driving a 1% decline in total premiums year-over-year as new business tightened and commercial retention held at 82%; Selective reported sustained renewal price increases — roughly for General Liability and about 9–12% for Commercial Auto — to offset severity. Capital and tech initiatives include repurchasing $30 million of stock this quarter with $140 million remaining authorization and a policy to return 20%–25% of earnings to shareholders, while AI efforts (an ingestion tool that processed 500,000 documents and automated contract-risk checks) are boosting claims and underwriting productivity. Interested in Selective Insurance Group, Inc.? Here are five stocks we l Show less Read more
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