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Stock impact report

Selective Reports Fourth Quarter and Year-End 2024 Results

Selective Insurance Group, Inc. (SIGI) 
Last selective insurance group, inc. earnings: 1/30 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: selective.com/investors
Company Research Source: Business Wire
Fourth Quarter Net Income of $1.52 per Diluted Common Share and Non-GAAP Operating Income1 of $1.62 per Diluted Common Share; Return on Common Equity ("ROE") of 12.7% and Non-GAAP Operating ROE1 of 13.5%Full Year 2024 ROE of 7.0% and Non-GAAP Operating of ROE1 7.1%In the fourth quarter of 2024:Net premiums written ("NPW") increased 10% from the fourth quarter of 2023;The GAAP combined ratio was 98.5%, compared to 93.7% in the fourth quarter of 2023;Commercial Lines renewal pure price increases averaged 8.8%, up 1.5 points from 7.3% in the fourth quarter of 2023;After-tax net investment income was $97 million, up 24% from the fourth quarter of 2023;Book value per common share was $47.99, down 2% from last quarter; andAdjusted book value per common share1 was $52.10, up 3% from last quarter. BRANCHVILLE, N.J.--(BUSINESS WIRE)--Selective Insurance Group, Inc. (NASDAQ: SIGI) reported financial results for the fourth quarter ended December 31, 2024, with net income per diluted common sh Show less Read more
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