7/104 sources · 4 publishersUpdated Oct 23, 18:34 UTC
Selective Insurance reports Q3 2026 earnings beat, raises dividend and launches $200 million buyback
Selective Insurance Group posted third‑quarter 2026 net income of $2.11 per diluted share and non‑GAAP earnings of $2.37 per share. The insurer’s GAAP combined ratio improved to 96.8%, and revenue was reported around $1.33 billion. The board also increased the quarterly dividend by 12% and authorized a $200 million share repurchase program, sending the stock up about 5% in trading.
Why it matters
The lower combined ratio signals stronger underwriting profitability, while the dividend hike and buyback provide additional cash return to shareholders, which may support the recent share price gain.
Key facts
- 1Net income per diluted share was $2.11. financialcontent.com
- 2Non‑GAAP earnings per diluted share were $2.37. financialcontent.com
- 3GAAP combined ratio was 96.8%. financialcontent.com
- 4Dividend was increased by 12%. financialcontent.com
- 5A $200 million share repurchase program was authorized. financialcontent.com
- 6Revenue was reported as $1.33 billion. seekingalpha.com
Open questions
- Revenue figure differs: $1.18 billion in material 1 versus $1.33 billion in materials 2 and 3.
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.