Selective Insurance Group (SIGI) Tops Q2 EPS by 4c, Revenues Beat

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Selective Reports Second Quarter 2020 Net Income of $0.57 per Diluted Share and Non-GAAP Operating Income(1) of $0.40 per Diluted Share

July 29, 2020 4:15 PM EDT

BRANCHVILLE, N.J., July 29, 2020 /PRNewswire/ --

In the second quarter of 2020:

Net premiums written ("NPW") increased 3% from the second quarter of 2019; GAAP combined ratio was 98.4%; Annualized return on equity ("ROE") was 6.2% and non-GAAP operating ROE1 was 4.4%;... More