Selective Insurance (SIGI)

Company Profile

Selective Insurance Group, Inc. is a holding company for 10 property and casualty insurance companies rated 'A' (Excellent) by A.M. Best. Through independent agents, the insurance companies offer standard and specialty insurance for commercial and personal risks and flood insurance through the National Flood Insurance Program's Write Your Own Program. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including the Fortune 1000 and being named as one of 'America's Best Mid-Size Employers' in 2019 by Forbes Magazine.

Company profile

Ticker

SIGI, SIGIP

Exchange

NASDAQ

Website

www.selective.com

CEO

John Marchioni

Incorporated

New Jersey

Location

New Jersey

Fiscal year end

Dec 31

Sector

Finance and Insurance > Direct Property and Casualty Insurance Carriers

Industry (SIC)

Fire, Marine & Casualty Insurance

Berkshire Hathaway • Hartford Financial Services • American International • Travelers Companies • Chubb Limited • Loews • CNA Financial • American Financial • Progressive • Alleghany ...

SEC CIK

0000230557

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Mesa Underwriters Specialty Insurance Company • Selective Auto Insurance Company • Selective Casualty Insurance Company • Selective Fire and Casualty Insurance Company • Selective Insurance Company • Selective Way Insurance Company • SRM Insurance Brokerage, LLC. • Wantage Avenue Holding Company, Inc. ...

IRS number

222168890

SIGI stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$97.67

Low target

$90.00

High target

$107.00

Keefe, Bruyette & Woods

Latest filings (excl ownership)

View all

8-K

Regulation FD Disclosure

10 Feb 23

Results of Operations and Financial Condition

2 Feb 23

8-K

Selective Insurance Group, Inc. Announces Preliminary Fourth Quarter 2022 Results, Including Catastrophe Loss Estimates

23 Jan 23

8-K

Regulation FD Disclosure

15 Nov 22

8-K

Entry into a Material Definitive Agreement

3 Nov 22

Results of Operations and Financial Condition

2 Nov 22

8-K

Regulation FD Disclosure

4 Aug 22

Transcripts

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SIGI

Earnings call transcript

2022 Q4

3 Feb 23

SIGI

Earnings call transcript

2022 Q3

3 Nov 22

SIGI

Earnings call transcript

2022 Q2

5 Aug 22

SIGI

Earnings call transcript

2022 Q1

7 May 22

SIGI

Earnings call transcript

2021 Q4

4 Feb 22

SIGI

Earnings call transcript

2021 Q3

30 Oct 21

SIGI

Earnings call transcript

2021 Q2

31 Jul 21

SIGI

Earnings call transcript

2021 Q1

1 May 21

SIGI

Earnings call transcript

2020 Q4

29 Jan 21

SIGI

Earnings call transcript

2020 Q3

31 Oct 20

Latest ownership filings

View all

Stellus Private Credit BDC

Mark Alexander Wilcox

6 Feb 23

Vincent M Senia

6 Feb 23

Financial summary

Financial statements Chart SIGI financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	25.21 mm	25.21 mm	25.21 mm	25.21 mm	25.21 mm	25.21 mm
Cash burn (monthly)	(no burn)	1.65 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	4.84 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	20.36 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	12.3	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

SIGI institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	261	242	+7.9%
Opened positions	39	33	+18.2%
Closed positions	20	28	-28.6%
Increased positions	81	73	+11.0%
Reduced positions	99	96	+3.1%

13F shares	Current	Prev Q	Change
Total value	4.41 tn	4.19 bn	+105078.5%
Total shares	51.02 mm	48.47 mm	+5.3%
Total puts	1.70 k	0.00	NEW
Total calls	13.30 k	13.60 k	-2.2%
Total put/call ratio	0.1	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	7.09 mm	$628.67 bn	-3.0%
Vanguard	5.99 mm	$531.15 bn	+1.8%
T. Rowe Price Investment Management	2.73 mm	$243.28 bn	+0.2%
FMR	2.52 mm	$223.55 bn	-0.3%
STT State Street	2.10 mm	$186.31 bn	NEW
MCQEF Macquarie	2.07 mm	$183.70 bn	-18.9%
MS Morgan Stanley	1.96 mm	$173.64 bn	+516.0%
Alliancebernstein	1.79 mm	$158.28 bn	-4.2%
Dimensional Fund Advisors	1.38 mm	$122.92 bn	-2.5%
Champlain Investment Partners	1.33 mm	$118.29 bn	-3.2%

Largest transactions	Shares	Bought/sold	Change
STT State Street	2.10 mm	+2.10 mm	NEW
MS Morgan Stanley	1.96 mm	+1.64 mm	+516.0%
Eaton Vance Management	0.00	-837.58 k	EXIT
Atlanta Capital Management Co L L C	0.00	-788.99 k	EXIT
MCQEF Macquarie	2.07 mm	-481.81 k	-18.9%
Norges Bank	466.57 k	+466.57 k	NEW
T. Rowe Price	525.08 k	+399.39 k	+317.7%
American Century Companies	750.82 k	+380.44 k	+102.7%
BLK Blackrock	7.09 mm	-218.64 k	-3.0%
BEN Franklin Resources	321.27 k	-206.88 k	-39.2%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SIGI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
6 Mar 23	Wole C Coaxum	Common Stock	Buy	Acquire P	No	No	99.9461	1,000	99.95 k	3,252.67
6 Mar 23	Brenda M Hall	Common Stock	Sell	Dispose S	Yes	No	99.9874	547	54.69 k	0
3 Mar 23	Brenda M Hall	Common Stock	Sell	Dispose S	No	No	100	2,641	264.10 k	14,886.782
10 Feb 23	Vincent M Senia	Common Stock	Sell	Dispose S	No	No	99.7938	7,000	698.56 k	12,984.193
6 Feb 23	Burville John	Common Stock	Sell	Dispose S	No	No	100.1721	20,000	2.00 mm	46,304.461
6 Feb 23	Morrissey Michael J.	Common Stock	Sell	Dispose S	No	No	101.2091	4,000	404.84 k	12,578.93