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Selective Ins Stock Price, News & Analysis

SIGI Nasdaq

Welcome to our dedicated page for Selective Ins news (Ticker: SIGI), a resource for investors and traders seeking the latest updates and insights on Selective Ins stock.

Selective Insurance Group Inc. (SIGI) provides property-casualty insurance solutions through independent agents, serving businesses and individuals since 1926. This page aggregates official company announcements, financial updates, and operational developments for stakeholders tracking its underwriting strategies and market position.

Access real-time updates on earnings reports, product launches, leadership changes, and risk management innovations. Investors and analysts will find curated press releases detailing commercial insurance expansions, claims management advancements, and technology integrations that shape SIGI's service delivery.

Key updates include quarterly financial results, regulatory filings, partnership announcements with independent agencies, and insights into small business insurance trends. Content is organized chronologically for efficient research, with emphasis on material developments affecting the company's regional operations and specialty lines.

Bookmark this page for streamlined access to Selective Insurance's verified news sources. Check regularly for updates on strategic initiatives that reflect its commitment to disciplined underwriting and customer-centric solutions in the property-casualty sector.

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Selective Insurance Group, Inc. (NASDAQ: SIGI) will release its fourth quarter 2020 financial results after market close on January 28, 2021. A conference call is scheduled for January 29, 2021 at 10:00 a.m. ET to discuss these results. The call can be accessed live via Selective's website, and a press release along with a financial supplement will be available on the Investors page post-release. A recording of the call will be accessible from January 29 through February 28, 2021.

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Selective Insurance Group announced a new $100 million share repurchase program aimed at enhancing shareholder value. The Board of Directors emphasizes confidence in the company's long-term financial outlook, supported by strong earnings growth. The program allows for flexibility in execution, with no set expiration date, and shares may be repurchased through various methods depending on market conditions. This initiative reflects the company's commitment to returning value to its shareholders while maintaining investment in business operations.

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Selective Insurance Group has priced an underwritten public offering of 8 million depositary shares, each representing a 1/1,000th interest in its 4.60% Non-Cumulative Preferred Stock, Series B, totaling $200 million. The offering will close on approximately December 9, 2020. Proceeds from the offering are intended for general corporate purposes, including potential stock repurchases. The depositary shares will list on Nasdaq under SIGIP. Wells Fargo Securities, BofA Securities, and RBC Capital Markets serve as joint book-running managers.

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AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of 'a+' for the pooled members of Selective Insurance Group (SIGI). The outlook for these ratings is positive, reflecting Selective's strong balance sheet and adequate operating performance. The group aims to improve underwriting results in its commercial auto and excess lines through targeted initiatives. Risk-adjusted capitalization is assessed as strongest, despite exposure to catastrophe losses.

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Selective Insurance Group, Inc. (NASDAQ: SIGI) reported a strong third quarter 2020, with net premiums written (NPW) increasing by 6% to $719.5 million, driven by an 8% growth in standard commercial lines. The GAAP combined ratio remains healthy at 97.0%, despite $80 million in catastrophe losses. Net income per diluted share rose 25% to $1.16, while non-GAAP operating income per diluted share increased by 9% to $1.06. The company declared a 9% increase in quarterly cash dividends to $0.25 per share, payable December 1, 2020, reflecting positive cash flow management.

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Selective Insurance Group (NASDAQ: SIGI) will release its third quarter 2020 financial results on October 28, 2020, after market close. A subsequent conference call is scheduled for October 29, 2020, at 10:00 a.m. ET to discuss the results. Interested parties can access the call via Selective's website, where a press release and financial supplement will also be made available following the earnings release. Additionally, a replay of the call will be accessible from October 29 until November 28, 2020.

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Selective Insurance Group (NASDAQ: SIGI) announced the appointment of four new independent directors, effective September 23, 2020. The new board members, Ainar D. Aijala, Jr., Lisa Rojas Bacus, Wole C. Coaxum, and Stephen C. Mills, bring diverse expertise in finance, marketing, and corporate development. This expansion increases the board from 13 to 17 members, reflecting the company's commitment to enhancing diversity and innovation. The new directors are expected to help the company capitalize on growth opportunities and strengthen its strategic objectives.

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Selective Insurance Group announced that executives John J. Marchioni and Mark A. Wilcox will present at the 2020 Keefe, Bruyette & Woods Virtual Insurance Conference on September 10, 2020, at 1:50 p.m. (ET). The presentation will be available for live streaming on www.Selective.com. A replay will be accessible until October 10, 2020. Selective offers various insurance products through independent agents and is recognized as one of "America's Best Mid-Size Employers" by Forbes.

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Selective Insurance Group reported Q2 2020 results with a 3% increase in net premiums written to $724.8 million, despite elevated catastrophe losses totaling $83 million. The GAAP combined ratio was 98.4%, and net income per diluted share was $0.57. The company faced challenges due to COVID-19 affecting underwriting operations, incurring $9.6 million in related costs. Book value per share rose 9.5% to $38.43. The revised full-year guidance indicates a combined ratio of 90%-91% excluding catastrophe losses, showing some operational resilience amidst adversity.

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FAQ

What is the current stock price of Selective Ins (SIGI)?

The current stock price of Selective Ins (SIGI) is $86.25 as of July 11, 2025.

What is the market cap of Selective Ins (SIGI)?

The market cap of Selective Ins (SIGI) is approximately 5.2B.
Selective Ins

Nasdaq:SIGI

SIGI Rankings

SIGI Stock Data

5.25B
60.05M
1.28%
85.66%
1.84%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States
BRANCHVILLE