secwatch.observer — SEC 8-K summary
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Issuer:     SELECTIVE INSURANCE GROUP INC (SIGI)
CIK:        0000230557
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0000230557-22-000023
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Selective Insurance Q3 net income $0.66/share; raises common dividend 7% to $0.30
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- Net income $40.2M ($0.66/diluted share) vs $71.4M ($1.18) a year ago; non-GAAP operating income $0.99/share.
- Combined ratio of 96.8% improved 1.8 pts YoY; catastrophe losses 4.0 pts including $10M Hurricane Ian.
- Standard Commercial Lines renewal pure price +5.8%; NPW up 11% overall.
- Full-year 2022 combined ratio ex-cat guidance raised to 91.5% from 90.5%; cat loss guidance lowered to 3.5 pts.
- Quarterly common dividend increased 7% to $0.30/share; payable Dec 1, record Nov 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/230557/000023055722000023/0000230557-22-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/230557/000023055722000023/sigi-20221102.htm
  HTML page:      https://secwatch.observer/filing/0000230557-22-000023

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