Selective Insurance Group Q1 2024 Earnings Report

Selective Insurance Group EPS Results

• Actual EPS: $1.33
• Consensus EPS: $1.88
• Beat/Miss: Missed by -$0.55
• One Year Ago EPS: $1.44

Selective Insurance Group Revenue Results

• Actual Revenue: $1.17 billion
• Expected Revenue: $1.11 billion
• Beat/Miss: Beat by +$54.56 million
• YoY Revenue Growth: +16.50%

Selective Insurance Group Announcement Details

• Quarter: Q1 2024
• Date: 5/1/2024
• 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.