Selective Insurance Group Q2 2023 Earnings Report

Selective Insurance Group EPS Results

• Actual EPS: $0.99
• Consensus EPS: $0.99
• Beat/Miss: Met Expectations
• One Year Ago EPS: $1.17

Selective Insurance Group Revenue Results

• Actual Revenue: $1.04 billion
• Expected Revenue: $1.03 billion
• Beat/Miss: Beat by +$6.81 million
• YoY Revenue Growth: +20.30%

Selective Insurance Group Announcement Details

• Quarter: Q2 2023
• Date: 8/2/2023
• Time: After Market Closes

Selective Insurance Group (NASDAQ:SIGI), together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products. The company also invests in fixed income investments and commercial mortgage loans, as well as equity securities, short-term investments, and alternative investments, and other investments. It offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. The company was founded in 1926 and is headquartered in Branchville, New Jersey.