Selective Insurance Group, Inc. - Common Stock (SIGI)

Selective Insurance Group, Inc. (Nasdaq: SIGI) (“Selective”) today announced that it closed an offering (the “offering”) of $400 million aggregate principal amount of its 5.900% Senior Notes due 2035 (the “Notes”).

Selective Insurance Group, Inc. (NASDAQ: SIGI) reported financial results for the fourth quarter ended December 31, 2024, with net income per diluted common share of $1.52 and non-GAAP operating income1 per diluted common share of $1.62. Return on common equity was 12.7% and non-GAAP operating ROE1 was 13.5%.

Selective Insurance Group, Inc. (Nasdaq: SIGI) will announce its fourth quarter financial results on Wednesday, January 29, 2025, after market close. The press release and financial supplement will be available on the Investors page of Selective’s website.

Selective Insurance Group, Inc. (NASDAQ: SIGI) reported financial results for the third quarter ended September 30, 2024, with net income per diluted common share of $1.47 and non-GAAP operating income1 per diluted common share of $1.40. Return on common equity was 12.6% and non-GAAP operating ROE1 was 12.1%.

Selective Insurance Group, Inc. (Nasdaq: SIGI) will announce its third quarter financial results on Monday, October 21, 2024, after market close. The press release and financial supplement will be available on the Investors page of Selective’s website.

Selective Insurance Group, Inc. (NASDAQ: SIGI) today announced the appointment of Patrick S. Brennan as Chief Financial Officer, effective October 1, 2024. Mr. Brennan brings nearly two decades of insurance industry and public company executive experience to Selective, having most recently served as Treasurer of The Progressive Corporation, overseeing the treasury, capital strategy, risk management, and investor relations functions.

Selective Insurance, a leading business, home, and auto insurer, today announced that it is working with Phyn, the leader in intelligent water solutions, to offer Phyn Plus, its award-winning smart water monitoring device to eligible homeowners policyholders. Phyn's innovative technology monitors a property's plumbing system to detect and mitigate leaks before they can cause extensive damage to homes and possessions.

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the pooled members of Selective Insurance Group (Selective). Additionally, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of the ultimate parent, Selective Insurance Group, Inc. [NASDAQ: SIGI]. The outlook of these Credit Ratings (ratings) is stable. All companies are headquartered in Branchville, NJ. (Please see below for a detailed listing of companies and ratings.)

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the pooled members of Selective Insurance Group (Selective). Additionally, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of the ultimate parent, Selective Insurance Group, Inc. [NASDAQ: SIGI]. The outlook of these Credit Ratings (ratings) is stable. All companies are headquartered in Branchville, NJ. (Please see below for a detailed listing of companies and ratings.)

AM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa-” (Superior) from “a+” (Excellent) of the pooled members of Selective Insurance Group (Selective). Additionally, AM Best has upgraded the Long-Term ICR to “a-” (Excellent) from “bbb+” (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) of the ultimate parent, Selective Insurance Group, Inc. (SIGI) [NASDAQ: SIGI]. The outlook of these Credit Ratings (ratings) have been revised to stable from positive. All companies are headquartered in Branchville, NJ. (Please see below for a detailed listing of companies and ratings.)