secwatch.observer — SEC 8-K summary
======================================

Issuer:     SELECTIVE INSURANCE GROUP INC (SIGI)
CIK:        0000230557
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0000230557-22-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Selective Q1 net income $0.89/diluted share; non-GAAP op. income $1.41; combined ratio 93.1%
--------------------------------------------------------------------------------

- NPW up 11% to $889.8M; E&S segment NPW rose 29%, Standard Commercial Lines up 11%.
- GAAP combined ratio of 93.1% vs. 89.3% a year ago; net catastrophe losses 2.5 pts.
- After-tax net investment income $58.5M, up 4% YoY; alternative investments contributed $15M after-tax.
- Book value per share fell 8% to $42.73; adjusted book value per share up 1% to $43.80.
- Full-year guidance: combined ratio ex-cat 91.0%, after-tax net investment income raised to $205M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/230557/000023055722000010/0000230557-22-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/230557/000023055722000010/sigi-20220504.htm
  HTML page:      https://secwatch.observer/filing/0000230557-22-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer