Selective Insurance Group (SIGI) Reports In-Line Q1 EPS
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Selective Reports Net Income per Diluted Share of $0.69 and Operating Income per Diluted Share of $0.48 for the First Quarter of 2015
April 29, 2015 4:15 PM EDTBRANCHVILLE, N.J., April 29, 2015 /PRNewswire/ --
In the first quarter of 2015:
Net premiums written grew 9% GAAP combined ratio was 94.5% Statutory combined ratio was 93.0% After-tax net investment income declined 20% Total return on equity was 12.3% and operating return on equity was 8.5%Selective Insurance Group, Inc. (NASDAQ: SIGI) today reported its financial results for the first quarter ended March 31, 2015. Net income per diluted share was $0.69, compared to $0.31 in 2014, and operating income1 per diluted share was $0.48, compared to $0.23 in 2014.
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