Selective Insurance (SIGI) Q3 2026 Earnings Call Transcript

Selective Insurance Group reported 3Q 2026 revenue of $1.33B, down 2.5% YoY, but net income rose 11.8% to $126.4M and EPS increased 14.1% to $2.11. The combined ratio improved to 96.8%. Nine-month premiums written fell 4%, and the company expanded into new states.

Selective Insurance Group (SIGI) reported Q3 earnings, highlighting a 5.7% increase in Standard Commercial Lines renewal pure price. The company is prioritizing underwriting returns over volume, leading to an 8% decline in net premiums written. Personal Lines saw an 8.1% renewal price increase, and the company raised its dividend by 12%. SIGI maintained its GAAP combined ratio forecast and increased its after-tax net investment income outlook to $490M.

Selective Insurance Group (SIGI) reported Q3 2026 revenue of $1.33B, down 2.5% YoY, missing estimates. Net premiums earned comprise 90.5% of revenue. BVPS grew 4% annually over 5 years, accelerating to 6.2% over 2 years. EPS beat expectations, but revenue and BVPS missed. Stock traded at $91.75 post-results.

Selective Insurance (SIGI) reported Q3 Non-GAAP EPS of $2.37, exceeding estimates by $0.44. Revenue was $1.33B, down 2.2% year-over-year, missing expectations by $20M. The company provided 2026 guidance, expecting a GAAP combined ratio of 96.5% to 97.5%, including net catastrophe losses.

Selective (SIGI) reported Q3 EPS of $2.37, beating estimates by $0.47, with revenue of $1.18B, slightly above expectations. The stock is down 4.76% over 3 months but up 19.83% year-over-year. InvestingPro rates its financial health as 'great performance'.

SELECTIVE INSURANCE GROUP INC (SIGI) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Selective Reports Third Quarter 2026 Results Net Income per Diluted Common Share of $2.11 and Non-GAAP Operating Income 1 per Diluted Common Share of $2.37; Return on Common Equity ("ROE") of 15.1% and Non-GAAP Operating ROE 1 of 16.9% Quarterly Dividend Increased 12