Selective InsuranceNASDAQ: SIGI

BRANCHVILLE, N.J. , July 2, 2024 /PRNewswire/ -- Selective Insurance Group, Inc. (Nasdaq: SIGI) will announce its second quarter financial results on Thursday, July 25, 2024, after market close.

Brings Over 25 Years of Insurance, Risk Management, and Technology Experience BRANCHVILLE, N.J., July 1, 2024 /PRNewswire/ -- Selective Insurance Group, Inc. (NASDAQ: SIGI) today announced the appointment of Kate Sampson to the Board of Directors, effective July 1, 2024.

Selective Insurance (SIGI) stands to benefit from strong renewal, fuel price increases, exposure growth, higher income earned on fixed-income securities portfolio and prudent capital deployment.

Selective Insurance (SIGI) is poised to benefit from robust renewals, rising fuel prices, expansion of exposure, increased income from fixed-income securities, and careful capital deployment.

Selective Insurance Group, Inc. (NASDAQ: SIGI) will be hosting its Q1 2024 Results Conference Call on May 2, 2024 at 11:00 AM ET. The call will feature Brad Wilson, John Marchioni, and Tony Harnett. Conference call participants include Mike Zaremski, Michael Phillips, Dean Criscitiello, Matt Carletti, Grace Carter, Bob Farnam. The conference operator, Regina, will facilitate the call. Thank you for joining us.

Selective Insurance's first-quarter earnings were negatively impacted by increased non-catastrophe property losses and expenses. Despite this, the company found some relief in higher renewal prices and new business growth.

While the revenue and EPS figures for Selective Insurance (SIGI) provide insight into its quarterly performance ending in March 2024, it is important to also analyze how certain key metrics stack up against Wall Street forecasts and the previous year's results.

Selective Insurance (SIGI) reported quarterly earnings of $1.33 per share, falling short of the Zacks Consensus Estimate of $1.88 per share. This is lower than the earnings of $1.44 per share reported in the same quarter last year.

Selective Insurance (SIGI) is poised to benefit from strong renewal, fuel price increases, exposure growth, higher income earned on fixed-income securities portfolio and prudent capital deployment.