Selective Insurance Group (SIGI) Tops Q4 EPS by 28c, Revenues Beat

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Selective Reports Results for the Fourth Quarter of 2019 - Record Net Income per Diluted Share of $1.36 and Record Non-GAAP Operating Income(1) per Diluted Share of $1.37; Full Year 2019 Record Net In

January 30, 2020 4:15 PM EST

BRANCHVILLE, N.J., Jan. 30, 2020 /PRNewswire/ --

In the fourth quarter of 2019:

Net premiums written ("NPW") increased 8% GAAP combined ratio was 91.8% Overall renewal pure price averaged 3.8% After-tax net investment income was up 6%, to $47 million Annualized ROE was 15.1% and non-GAAP operating ROE1 was 15.2%

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