---
schema_version: "secwatch.filing_event.v1"
accession: "0000230557-23-000002"
form_type: "8-K"
ticker: "SIGI"
cik: "0000230557"
company_name: "SELECTIVE INSURANCE GROUP INC"
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T02:47:06.859584+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Selective Insurance Q4 net income $1.38/sh, down 13% YoY; combined ratio 94.7%, above 93.1% prior year

## Summary
- Q4 net income $84.2M ($1.38/diluted share), down 13% from $96.7M ($1.59) in Q4 2021.
- Non-GAAP operating income $88.9M ($1.46/diluted share), down 6% YoY; full-year operating ROE 12.4%.
- Combined ratio 94.7% (93.1% prior year), including 5.2 pts catastrophe losses; Winter Storm Elliott contributed $57.8M pre-tax.
- Net premiums written up 14% to $849.7M; Commercial Lines renewal pure price +5.6%; book value per share $38.57, down 17% from $46.24.
- 2023 guidance: GAAP combined ratio 96.5% (incl. 4.5 pts cats); after-tax net investment income ~$300M; quarterly dividend $0.30/sh payable March 1, 2023.

## SEC filing metadata
- accession: 0000230557-23-000002
- form_type: 8-K
- ticker: SIGI
- cik: 0000230557
- company_name: SELECTIVE INSURANCE GROUP INC
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/230557/000023055723000002/0000230557-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/230557/000023055723000002/sigi-20230202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000230557-23-000002
- JSON: https://secwatch.observer/filing/0000230557-23-000002.json
- Plain text: https://secwatch.observer/filing/0000230557-23-000002.txt

## Key facts
- Earnings Releases
  SELECTIVE INSURANCE GROUP INC reported the fourth quarter ended December 31, 2022 results: net income net income per diluted common share of $1.38, EPS $1.38.
  - Period: the fourth quarter ended December 31, 2022
  - Net income: net income per diluted common share of $1.38
  - EPS: $1.38
  - Result: reported results
  source text: Selective Reports Fourth Quarter 2022 Results, Including Net Income of $1.38 per Diluted Common Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/230557/000023055723000002/0000230557-23-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.