Selective Insurance ( (SIGI) ) has released its Q1 earnings. Here is a breakdown of the information Selective Insurance presented to its investors.
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Selective Insurance Group, Inc. is a holding company for ten property and casualty insurance companies, offering standard and specialty insurance through independent agents, and is recognized for its unique position in the insurance sector and as an employer of choice. In the first quarter of 2025, Selective Insurance reported a net income per diluted common share of $1.76 and a return on common equity of 14.4%, with net premiums written increasing by 7% and a combined ratio improvement to 96.1%. Key financial highlights include a 12% increase in net investment income to $96 million after-tax, and a 5% rise in book value per common share to $50.33. The company also completed a $400 million senior note issuance to enhance financial flexibility and support organic growth. Looking ahead, Selective Insurance maintains a positive outlook with a full-year combined ratio guidance of 96% to 97% and a focus on organic growth to create long-term shareholder value.
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