Selective Insurance Group (SIGI) Tops Q3 EPS by 15c
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Selective Reports Net Income per Diluted Share of $0.81 and Operating Income(1) per Diluted Share of $0.81 for the Third Quarter of 2015; Improves Full Year Ex-Catastrophe Statutory Combined Ratio Gui
October 28, 2015 4:15 PM EDTBRANCHVILLE, N.J., Oct. 28, 2015 /PRNewswire/ -- In the third quarter of 2015:
Net premiums written grew 10% GAAP combined ratio was 91.2% Statutory combined ratio was 90.5% After-tax net investment income declined 5% Total return on equity was 14.1% and operating return on equity1 was 14.0%Selective Insurance Group, Inc. (NASDAQ: SIGI) today reported its financial results for the third quarter ended September 30, 2015. Net income per diluted share was $0.81, compared to $0.93 in 2014, and operating income1 per diluted share grew 7% to $0.81, compared to $0.76 in 2014.
"The strong third... More
