Selective Insurance Group (SIGI) Raises Quarterly Dividend 11.1% to $0.20; 1.3% Yield

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Go back to Selective Insurance Group (SIGI) Raises Quarterly Dividend 11.1% to $0.20; 1.3% Yield

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

October 25, 2018 4:20 PM EDT

Selective Insurance Group (NASDAQ: SIGI) reported Q3 EPS of $0.99, $0.10 better than the analyst estimate of $0.89. Revenue for the quarter came in at $664.5 million versus the consensus estimate of $633.17 million.

"In the third quarter, we generated a 94.6% GAAP combined ratio, or 90.0% excluding catastrophe losses," said Gregory E. Murphy, Chairman and Chief Executive Officer. "Although Hurricane Florence added 2.4 points to our combined ratio, our financial results this quarter reflect our disciplined underwriting franchise and strong underlying... More