secwatch.observer — SEC 8-K summary
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Issuer:     SELECTIVE INSURANCE GROUP INC (SIGI)
CIK:        0000230557
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0000230557-23-000020
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Selective Insurance Q2 EPS $0.92, combined ratio 100.2% on 10.6 cat pts; raises cat loss guidance
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- Net income $0.92 per diluted share (up 51% YoY); non-GAAP operating income $0.99 (down 15% YoY).
- Combined ratio 100.2% vs 95.5% a year ago; catastrophe losses $100M pre-tax (10.6 points).
- Net premiums written $1.08B, +17% YoY; Commercial Lines renewal pure price +6.7%, new business +23%.
- After-tax net investment income $77.8M, +37% YoY; 2023 guidance raised cat loss to 6.0 pts from 4.5.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/230557/000023055723000020/0000230557-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/230557/000023055723000020/sigi-20230802.htm
  HTML page:      https://secwatch.observer/filing/0000230557-23-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer