secwatch.observer — SEC 8-K summary
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Issuer:     SELECTIVE INSURANCE GROUP INC (SIGI)
CIK:        0000230557
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0000230557-22-000017
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Selective Q2 net income $0.61/sh, down 69% YoY; operating EPS $1.17; combined ratio 95.5%
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- Net premiums written up 12% to $930.7M; renewal pure price +5.0% across segments.
- GAAP combined ratio 95.5% (cat losses 5.5 pts) vs 89.8% a year ago; underlying combined ratio 91.4%.
- After-tax net investment income $56.7M, down 16% YoY on lower alternative returns.
- Full-year guidance raised: combined ratio ex-cat 90.5% (prior 91.0%); after-tax NII $215M (prior $205M).
- Quarterly common dividend $0.28/sh payable Sept 1, 2022; book value $39.68, down 14% YTD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/230557/000023055722000017/0000230557-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/230557/000023055722000017/sigi-20220803.htm
  HTML page:      https://secwatch.observer/filing/0000230557-22-000017

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