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.
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.
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.
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.
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