Selective Insurance, Q1
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Stripping those out, the underlying combined ratio actually improved 5.2 points to 92.8%, which the company described as reflecting deliberate profit improvement actions. Gallagher Re pegged global Q1 natural catastrophe economic losses at $58 billion, with $20 billion insured.
Selective Insurance Group, Inc. has reported higher revenues and investment income for Q1 2026, alongside continued growth in book value per share,
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Selective Insurance (SIGI) misses Q1 earnings and revenue estimates
Selective Insurance (SIGI) came out with quarterly earnings of $1.69 per share, missing the Zacks Consensus Estimate of $1.73 per share. This compares to earnings of $1.76 per share a year ago. These figures are adjusted for non-recurring items.
Selective Insurance Group demonstrated consistent performance in its non-life insurance business, with post-tax earnings of $365 million in 2023. The company's commercial lines and excess and surplus insurance segments have shown resilience and stability ...
--Junior subordinated debt at 'BBB-'. Fitch has also affirmed the 'A+' Insurer Financial Strength (IFS) ratings of the members of the Selective intercompany pool. The Rating Outlook is Stable. A full rating list is shown below. The affirmation of Selective ...
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the pooled members of Selective Insurance Group (Selective).
We delivered a solid start to the year, demonstrating the strength and consistency of our operating model in an increasingly competitive market,” John J. Marchioni said, adding, “Our reserves remain stable across all insurance segments and lines of business,
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has downgraded the financial strength rating (FSR) to A (Excellent) from A+ (Superior) and the issuer credit rating (ICR) to “a+” from “aa-” of Selective Insurance Company of America and its seven ...
A recent bearish article on Selective Insurance Group (SIGI) has put a spotlight on its capital allocation decisions, pointing to lagging earnings per share, slower book value growth, and weaker return on equity versus other insurers.