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Exhibit 11
SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
| First Quarter 2013 | Income | Shares | Per Share | ||||||||
| (in thousands, except per share amounts) | (Numerator) | (Denominator) | Amount | ||||||||
| Basic EPS: | |||||||||||
| Net income from continuing operations | $ | 22,305 | 55,370 | 0.40 | |||||||
| Net loss from discontinued operations | (997 | ) | 55,370 | (0.02 | ) | ||||||
| Net income available to common shareholders | $ | 21,308 | 55,370 | $ | 0.38 | ||||||
| Effect of dilutive securities: | |||||||||||
| Stock compensation plans | — | 1,084 | |||||||||
| Diluted EPS: | |||||||||||
| Net income from continuing operations | $ | 22,305 | 56,455 | $ | 0.40 | ||||||
| Net loss from discontinued operations | (997 | ) | 56,455 | (0.02 | ) | ||||||
| Net income available to common stockholders | $ | 21,308 | 56,455 | $ | 0.38 | ||||||
| First Quarter 2012 | Income | Shares | Per Share | ||||||||
| (in thousands, except per share amounts) | (Numerator) | (Denominator) | Amount | ||||||||
| Basic EPS: | |||||||||||
| Net income available to common shareholders | $ | 18,093 | 54,659 | $ | 0.33 | ||||||
| Effect of dilutive securities: | |||||||||||
| Stock compensation plans | — | 946 | |||||||||
| Diluted EPS: | |||||||||||
| Net income available to common stockholders | $ | 18,093 | 55,605 | $ | 0.33 | ||||||