Selective Insurance Group (SIGI) Misses Q2 EPS by 3c

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Selective Reports Second Quarter 2017 Net Income per Diluted Share of $0.70 and Operating Income(1) per Diluted Share of $0.68

July 26, 2017 4:15 PM UTC

BRANCHVILLE, N.J., July 26, 2017 /PRNewswire/ --

In the second quarter of 2017:

Net premiums written grew 6% GAAP combined ratio was 94.7% Statutory combined ratio was 93.1% After-tax net investment income was $30.3 million Annualized return on average equity ("ROE") was 10.2% and operating ROE1 was 9.9%

Selective Insurance Group, Inc. (NASDAQ: SIGI) today reported its financial results for the second quarter ended June 30, 2017.  Net income per diluted share was $0.70, compared to $0.74 a year ago, and operating income1 per diluted share was $0.68, compared to $0.72 a year... More