Nicholson Cynthia S sold $364K of SIGI

Selective Insurance Group Inc (SIGI) reported its Q3 2026 earnings, with CFO Patrick Brennan noting an elevated expense ratio due to lower premium volume and operational changes. The company expects a full-year expense ratio of approximately 31.5%. CEO John Marchioni discussed strategies for navigating the soft market in the E&S business and addressing declines in commercial auto premiums. The company also considered stock price and growth dynamics in its opportunistic buyback.

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 (SIGI) reported Q3 2026 earnings with fully diluted EPS of $2.11 and non-GAAP operating EPS of $2.37. The company highlighted improvements in underwriting profitability, growth in personal lines, and expansion in commercial lines. They emphasized pricing discipline and technology integration, including AI, to drive long-term value. The GAAP combined ratio was 96.8, with catastrophe losses accounting for 5.4 points.

Selective Insurance Group (SIGI) shares rose 5.3% after Q3 2026 earnings. The insurer reported net income of $2.11 per share, a 96.8% combined ratio, and 16% growth in investment income. The company also increased its dividend by 12% and authorized a $200M share buyback. SIGI is up 16.6% YTD, near its 52-week high of $100.15.

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.