---
schema_version: "secwatch.filing_event.v1"
accession: "0000230557-23-000017"
form_type: "8-K"
ticker: "SIGI"
cik: "0000230557"
company_name: "SELECTIVE INSURANCE GROUP INC"
filed_at: "2023-07-24T23:59:59+00:00"
generated_at: "2026-06-13T04:34:16.565985+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Selective Insurance Q2 prelim EPS $0.92; full-year cat loss guidance raised to 6.0 pts

## Summary
- Diluted EPS $0.92; non-GAAP operating EPS $0.99; combined ratio 100.2% (cat losses 10.6 pts, favorable reserve development 0.4 pts).
- Pre-tax net catastrophe losses ~$100M: $63M Standard Commercial, $21M Standard Personal, $16M E&S; 19 named storms.
- After-tax net investment income $78M including $9M from alternatives; ROE 9.1%, operating ROE 9.8%.
- Full-year 2023 guidance: combined ratio 96.5% (cat losses 6.0 pts, up from 4.5), after-tax NII $300M, effective tax ~21%, diluted shares 61M.
- First-half expected operating ROE 12.2% in line with 12% target; strong net premiums written growth cited.

## SEC filing metadata
- accession: 0000230557-23-000017
- form_type: 8-K
- ticker: SIGI
- cik: 0000230557
- company_name: SELECTIVE INSURANCE GROUP INC
- filed_at: 2023-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/230557/000023055723000017/0000230557-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/230557/000023055723000017/sigi-20230724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000230557-23-000017
- JSON: https://secwatch.observer/filing/0000230557-23-000017.json
- Plain text: https://secwatch.observer/filing/0000230557-23-000017.txt

## Key facts
- Earnings Releases
  SELECTIVE INSURANCE GROUP INC reported second quarter 2023 results: EPS $0.92. Guidance reaffirmed.
  - Period: second quarter 2023
  - EPS: $0.92
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: Selective Insurance Group, Inc. Announces Preliminary Second Quarter 2023 Results, Including Catastrophe Loss Estimates Branchville, NJ – July 24, 2023 – Selective Insurance Group, Inc. (Nasdaq: SIGI) announced preliminary second quarter 2023 results and pre-tax net catastrophe loss estimates today. Selective (the "Company") expects to report second quarter diluted earnings per share of $0.92 and non-GAAP operating earnings per share of $0.99 1 , with the difference principally reflecting after-tax net realized and unrealized investment losses. The Company expects its second quarter combined ratio to be 100.2%, including catastrophe losses of 10.6 points and net prior year favorable casualty reserve development of 0.4 points. Net investment income, after-tax, is expected to be $78 million, including $9 million of after-tax alternative investment income. We expect to report a 9.1% return on common equity (“ROE”) and 9.8% non-GAAP operating ROE 1 in the quarter. The Company expects pre-t
  evidence_url: https://www.sec.gov/Archives/edgar/data/230557/000023055723000017/0000230557-23-000017-index.htm

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