Selective Insurance Group (SIGI)
NASDAQ:SIGI
Want to see SIGI full AI Analyst Report?
Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.62Last Year’s EPS
1.31Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed cautious optimism: the company demonstrated disciplined underwriting execution, reserve stability, strong operating ROE (12%), improving combined ratios in key segments (Personal Lines and E&S), meaningful renewal pricing increases, and material investment income growth (+18%). Offsetting these positives were modest top-line declines (total premiums down 1%, personal lines down 6%), industry headwinds from social inflation and elevated commercial casualty loss trends, slightly lower retention versus a year ago, and an elevated GAAP combined ratio in the quarter (98.3% including catastrophe). Management emphasized deliberate pricing discipline and reaffirmed guidance, signaling confidence in navigating current market challenges while prioritizing margin durability over short-term growth.Company Guidance
Strong Operating Returns
Operating ROE of 12% (management target met), seventh consecutive quarter of double-digit operating returns; reported GAAP EPS $1.58 and non-GAAP operating EPS $1.69 (11.2% ROE and 12% operating ROE).
Underlying Combined Ratio and Guidance
Underlying combined ratio for the quarter was 92.1%; management expects full-year underlying combined ratio to fall within prior guidance of 90.5%–91.5% and reaffirmed GAAP combined ratio guidance of 96.5%–97.5% assuming 6 points of catastrophe losses.
Reserve Stability
No prior-year casualty reserve development at the segment or line of business level reported for the quarter, indicating stable reserving trends.
Personal Lines Improvement
Personal Lines combined ratio improved to 92.8% from 98.0% in Q1 2025 (and from 100.6% for full-year 2025); target mass affluent personal new business grew 1% despite overall personal premiums down.
E&S Profitability
Excess & Surplus (E&S) lines produced a profitable combined ratio of 89.5%, 3.0 points better than a year ago; E&S premiums written grew 1% with average renewal pure price increases of 4.1%.
Renewal Pricing Momentum
Significant renewal pure price increases: general liability ~9.8% (management referenced ~10% range over past quarters), commercial auto ~9.1% with auto liability approaching ~12%; excluding workers' compensation, renewal pure price increased 8%.
Investment Income and Portfolio Position
After-tax net investment income of $113 million, up 18% year-over-year; investment income generated ~13.3 points of ROE contribution per management commentary; portfolio average credit quality A+ and duration modestly extended to 4.3 years; management reaffirmed after-tax net investment income guidance of $465 million for 2026.
Capital Returns and Strong Buyback Capacity
Repurchased $30 million of common stock in the quarter (following $86 million in full-year 2025 repurchases) with $140 million remaining on the authorization; dividend policy targeting 20%–25% of earnings reaffirmed.
Operational and Technology Progress (AI)
AI and automation deployments are producing measurable productivity gains: AI claims ingestion tool processed over 0.5 million documents; contractual risk transfer automation returns >90% of results within 2 minutes; investments governed by cross-disciplinary AI/model governance and human-in-the-loop safeguards.
SIGI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SIGI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $77.63 | $84.38 | +8.70% |
Jan 29, 2026 | $83.67 | $83.67 | 0.00% |
Oct 22, 2025 | $80.34 | $75.77 | -5.69% |
Jul 23, 2025 | $89.04 | $73.87 | -17.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Selective Insurance Group (SIGI) report earnings?
Selective Insurance Group (SIGI) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is Selective Insurance Group (SIGI) earnings time?
Selective Insurance Group (SIGI) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SIGI EPS forecast?
SIGI EPS forecast for the fiscal quarter 2026 (Q2) is 1.62.