secwatch.observer — SEC 8-K summary
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Issuer:     SELECTIVE INSURANCE GROUP INC (SIGI)
CIK:        0000230557
Form:       8-K
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0000230557-24-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Selective Q4 net income $2.01/share; combined ratio 93.7%; guides 2024 at 95.5% CR
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- Q4 GAAP EPS $2.01, non-GAAP operating EPS $1.94; combined ratio improved 1.0 pt YoY to 93.7%.
- Net premiums written rose 17% to $991.5M; full-year NPW exceeded $4B for first time.
- Standard Personal Lines combined ratio worsened to 116.9% (vs 99.9%) driven by personal auto losses.
- After-tax net investment income $78M (+20% YoY); full-year $310M (+33%).
- 2024 guidance: combined ratio 95.5% (5.0 pts cats), after-tax NII $360M, effective tax ~21%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/230557/000023055724000002/0000230557-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/230557/000023055724000002/sigi-20240131.htm
  HTML page:      https://secwatch.observer/filing/0000230557-24-000002

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