secwatch.observer — SEC 8-K summary
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Issuer:     SELECTIVE INSURANCE GROUP INC (SIGI)
CIK:        0000230557
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000230557-23-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Selective Insurance Q1 EPS $1.48, combined ratio 95.7% (catastrophe losses 6.1 pts), NPW up 12%
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- Net income per diluted share $1.48, up 66% YoY; non-GAAP operating income $1.44 per share.
- GAAP combined ratio 95.7% (93.1% Q1 2022), with 6.1 pts from catastrophe losses.
- Standard Commercial Lines renewal pure price +7.0% (vs 4.8% prior); total NPW +12% to $999.8M.
- After-tax net investment income $73M, +25% YoY; book value per share $40.82, +6% from Dec 2022.
- FY 2023 guidance unchanged: combined ratio 96.5%, after-tax net investment income $300M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/230557/000023055723000010/0000230557-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/230557/000023055723000010/sigi-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000230557-23-000010

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