Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and casualty insurance products that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party, as well as flood insurance products. It also invests in fixed income investments and commercial mortgage loans, as well as equity securities and alternative investment portfolio. The company offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.
Company profile
Ticker
SIGI, SIGIP
Exchange
Website
CEO
Mr. John Joseph Marchioni CPCU
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AMERICAN INTERNATIONAL GROUP INC
SEC CIK
Corporate docs
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. • Wantage Avenue ABC, LLC. ...
IRS number
222168890
SIGI stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Selective Reports Third Quarter 2024 Results
21 Oct 24
8-K
Selective Insurance Appoints Patrick S. Brennan as Chief Financial Officer
23 Sep 24
10-Q
2024 Q2
Quarterly report
26 Jul 24
8-K
Selective Reports Second Quarter 2024 Results
18 Jul 24
8-K
Departure of Directors or Certain Officers
1 Jul 24
S-3ASR
Automatic shelf registration
30 May 24
8-K
Regulation FD Disclosure
6 May 24
8-K
Departure of Directors or Certain Officers
3 May 24
S-8 POS
Registration of securities for employees (post-effective amendment)
2 May 24
S-8
Registration of securities for employees
2 May 24
Transcripts
SIGI
Earnings call transcript
2024 Q2
19 Jul 24
SIGI
Earnings call transcript
2024 Q1
2 May 24
SIGI
Earnings call transcript
2023 Q4
1 Feb 24
SIGI
Earnings call transcript
2023 Q3
2 Nov 23
SIGI
Earnings call transcript
2023 Q2
3 Aug 23
SIGI
Earnings call transcript
2023 Q2
3 Aug 23
SIGI
Earnings call transcript
2023 Q1
4 May 23
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
Latest ownership filings
4
Patrick Sean Brennan
9 Oct 24
3
Patrick Sean Brennan
3 Oct 24
4
Thomas A McCarthy
21 Aug 24
4
Terrence W Cavanaugh
23 Jul 24
4
John J. Marchioni
22 Jul 24
3
Kate Sampson
1 Jul 24
4
Ainar D Aijala JR
6 May 24
4
Terrence W Cavanaugh
6 May 24
4
PHILIP HUGH URBAN
6 May 24
4
JOHN STEPHEN SCHEID
6 May 24
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Cost of revenue | |||||
Operating income | |||||
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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) | 10.91 mm | 10.91 mm | 10.91 mm | 10.91 mm | 10.91 mm | 10.91 mm |
Cash burn (monthly) | 312.00 k | 862.50 k | 26.70 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.17 mm | 3.24 mm | 100.26 mm | n/a | n/a | n/a |
Cash remaining | 9.74 mm | 7.67 mm | -89.35 mm | n/a | n/a | n/a |
Runway (months of cash) | 31.2 | 8.9 | -3.3 | n/a | n/a | n/a |
Institutional ownership, Q2 2024
83.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 311 |
Opened positions | 42 |
Closed positions | 49 |
Increased positions | 111 |
Reduced positions | 117 |
13F shares | Current |
---|---|
Total value | 4.39 tn |
Total shares | 51.01 mm |
Total puts | 400.00 |
Total calls | 6.30 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 7.88 mm | $739.76 bn |
Vanguard | 6.56 mm | $615.23 bn |
FMR | 4.25 mm | $398.97 bn |
STT State Street | 2.33 mm | $218.68 bn |
T. Rowe Price Investment Management | 2.19 mm | $205.94 mm |
MS Morgan Stanley | 2.15 mm | $201.67 bn |
Geode Capital Management | 1.56 mm | $146.37 bn |
MQBKY Macquarie Group Limited | 1.47 mm | $137.88 bn |
Dimensional Fund Advisors | 1.42 mm | $132.95 bn |
Wellington Management | 1.20 mm | $112.53 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Oct 24 | Patrick Sean Brennan | Common Stock | Grant | Acquire A | No | No | 0 | 12,036 | 0.00 | 12,036 |
21 Aug 24 | McCarthy Thomas A | Common Stock | Gift | Acquire G | Yes | No | 0 | 16,246 | 0.00 | 16,246 |
21 Aug 24 | McCarthy Thomas A | Common Stock | Gift | Dispose G | No | No | 0 | 16,246 | 0.00 | 1,143.347 |
23 Jul 24 | Cavanaugh Terrence W | Common Stock | Buy | Acquire P | No | No | 85.85 | 2,000 | 171.70 k | 20,650.704 |
22 Jul 24 | John J. Marchioni | Common Stock | Buy | Acquire P | Yes | No | 83.555 | 2,400 | 200.53 k | 136,397 |
News
Selective Insurance Gr sees a GAAP combined ratio of 102.5%, up 1 point from our prior guidance of 101.5% for 2024.
21 Oct 24
Selective Insurance Gr Q3 Sales $1.24B Beat $1.17B Estimate
21 Oct 24
Earnings Preview: Selective Insurance Gr
18 Oct 24
Earnings Preview For Selective Insurance Gr
18 Oct 24
Selective Insurance Gr's Earnings: A Preview
18 Oct 24
Press releases
Selective Reports Third Quarter 2024 Results
21 Oct 24
Selective Insurance Schedules Earnings Release and Conference Call to Announce Third Quarter 2024 Results
10 Oct 24
Selective Insurance Appoints Patrick S. Brennan as Chief Financial Officer
23 Sep 24
Selective to Present at the 2024 Keefe, Bruyette & Woods Insurance Conference
29 Aug 24