STOCK TITAN

Selective Ins - SIGI STOCK NEWS

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.

Rhea-AI Summary

Selective Insurance Group (Nasdaq: SIGI) is set to release its second quarter 2024 financial results on July 25, 2024, after market close. Following the release, a conference call will be held on July 26, 2024, at 8:00 AM ET to discuss the results. Both the press release and the financial supplement will be available on Selective's Investors page. The conference call will be webcast live on the company's website, with a replay available from July 26 to August 23, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
Tags
conference call earnings
-
Rhea-AI Summary

Selective Insurance Group (NASDAQ: SIGI) has appointed Kate Sampson to its Board of Directors, effective July 1, 2024. Ms. Sampson, with over 25 years of experience in insurance, risk management, and technology, has held significant roles at companies like Marsh McLennan, Lyft, and Anthemis Group. She is also the founder of Merinn Advisors and serves on multiple technology firm boards. This move expands Selective's board from 12 to 13 members and aligns with the company's commitment to innovation and strategic growth. Key executives expressed optimism about her contributions to the company's long-term objectives.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.88%
Tags
none
-
Rhea-AI Summary

Selective Insurance Group, Inc. (NASDAQ: SIGI) reported strong first-quarter results with net income of $1.31 per diluted common share and non-GAAP operating income of $1.33 per diluted common share. The Return on Common Equity (ROE) was 11.5%, and non-GAAP operating ROE was 11.7%. NPW increased by 16%, GAAP combined ratio was 98.2%, after-tax net investment income rose by 17%, and book value per common share increased by 2% to $46.17. Selective demonstrated disciplined underwriting and enterprise risk management, attributing elevated loss trends to social inflation impacts. Despite challenging market conditions, the company remains stable, with profitable growth strategies across insurance segments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.36%
Tags
Rhea-AI Summary
Selective Insurance Group, Inc. (SIGI) will release its first-quarter financial results on May 1, 2024, followed by a conference call on May 2, 2024, to discuss the results. The call will be webcast live and a replay will be available on Selective's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
-
Rhea-AI Summary
Selective Insurance partners with Phyn to offer Phyn Plus, an innovative smart water monitoring device, to eligible homeowners policyholders. Phyn Plus detects and mitigates leaks, protecting homes from water damage. The device alerts homeowners in real-time and can shut off the water supply in case of a catastrophic leak. Selective Insurance aims to reduce the risk of water-related property damage with this new offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.25%
Tags
none
-
Rhea-AI Summary
Selective Insurance Group, Inc. (SIGI) CEO John J. Marchioni will speak at the Bank of America Securities 2024 Financial Services Conference on February 21, 2024. The discussion will be webcast live and accessible on Selective's website. A replay will be available until May 21, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.98%
Tags
conferences
Rhea-AI Summary
Selective Insurance Group, Inc. (SIGI) reported strong financial results for the fourth quarter of 2023, with net income per diluted common share of $2.01 and non-GAAP operating income of $1.94. The company achieved a 10th consecutive year of double-digit non-GAAP operating ROE, with NPW growing 17% from the fourth quarter of 2022. After-tax net investment income increased to $78 million, and book value per common share was $45.42, up 13% from last quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.69%
Tags
none
-
Rhea-AI Summary
Selective Insurance Group, Inc. (SIGI) to announce Q4 financial results on January 31, 2024, followed by a conference call on February 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
-
Rhea-AI Summary
AM Best (NASDAQ: SIGI) affirms Selective Insurance Group's Financial Strength Rating of A+ (Superior) and Long-Term Issuer Credit Ratings of 'aa-' (Superior) with a stable outlook. The ratings reflect Selective's strong balance sheet, operating performance, and favorable business profile.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
none
Rhea-AI Summary
Selective Insurance Group, Inc. reported financial results for Q3 2023, with net income per diluted common share of $1.42 and non-GAAP operating income per diluted common share of $1.51. Net premiums written increased 17% compared to Q3 2022. Quarterly dividend increased 17% to $0.35 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
Tags
Selective Ins

Nasdaq:SIGI

SIGI Rankings

SIGI Stock Data

5.43B
60.06M
1.28%
85.66%
1.84%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States
BRANCHVILLE