Selective Insurance Group (SIGI) Tops Q2 EPS by 13c
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Selective Reports Second Quarter 2016 Net Income per Diluted Share of $0.74 and Operating Income(1) per Diluted Share up 16% to $0.72
July 27, 2016 4:15 PM EDTBRANCHVILLE, N.J., July 27, 2016 /PRNewswire/ --
In the second quarter of 2016:
Net premiums written grew 9% GAAP combined ratio was 91.8% Statutory combined ratio was 90.1% After-tax net investment income declined 5% Total return on equity was 11.5% and operating return on equity1 was 11.2% ÂSelective Insurance Group, Inc. (NASDAQ: SIGI) today reported its financial results for the second quarter ended June 30, 2016. Â Net income per diluted share was $0.74, compared to $0.58 a year ago, and operating income1 per diluted share grew 16% to $0.72, compared to $0.62 a year... More
