Selective Insurance Group (SIGI) Tops Q1 EPS by 11c

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Selective Reports First Quarter 2017 Net Income per Diluted Share of $0.85 and Operating Income(1) per Diluted Share of $0.86

April 26, 2017 4:15 PM EDT

BRANCHVILLE, N.J., April 26, 2017 /PRNewswire/ --

In the first quarter of 2017:

Net premiums written grew 6% GAAP combined ratio was 91.2% Statutory combined ratio was 89.7% After-tax net investment income was $27.5 million Annualized return on average equity ("ROE") was 12.9% and operating ROE1 was 13.1%

Selective Insurance Group, Inc. (NASDAQ: SIGI) today reported its financial results for the first quarter ended March 31, 2017.  Net income per diluted share was $0.85, compared to $0.63 a year... More