Selective Insurance Group (SIGI) Raises Quarterly Dividend 8.7% to $0.25; 1.9% Yield

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Selective Reports Strong Third Quarter 2020 Net Income of $1.16 per Diluted Share and Non-GAAP Operating Income(1) of $1.06 per Diluted Share; Dividend Increased 9%, to $0.25 per share

October 28, 2020 4:15 PM EDT

BRANCHVILLE, N.J., Oct. 28, 2020 /PRNewswire/ -- 

In the third quarter of 2020:

Strong net premiums written ("NPW") growth of 6% compared to the third quarter of 2019; Profitable GAAP combined ratio of 97.0% despite 11.4 percentage points of catastrophe losses in the quarter;... More