Selective Insurance Group (SIGI) Tops Q3 EPS by 10c, Revenues Beat

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Selective Reports Strong Results for the Third Quarter of 2018 - Net Income per Diluted Share of $0.93; Non-GAAP Operating Income1 per Diluted Share of $0.99; Dividend Increase of 11% to $0.20 per sha

October 25, 2018 4:15 PM EDT

BRANCHVILLE, N.J., Oct. 25, 2018 /PRNewswire/ --

In the third quarter of 2018:

Net premiums written grew 8% GAAP combined ratio was 94.6% After-tax net investment income was up 45%, to $43 million Annualized return on equity was 12.9% and non-GAAP annualized return on equity was 13.8%

Selective Insurance Group, Inc.... More