secwatch.observer — SEC 8-K summary
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Issuer:     SELECTIVE INSURANCE GROUP INC (SIGI)
CIK:        0000230557
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0000230557-25-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Selective Q4 net income $1.52/sh; combined ratio 98.5% on $100M casualty reserve strengthening; 2025 guidance 96-97% CR
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- Q4 net income $93.2M ($1.52 diluted EPS); non-GAAP operating income $99.6M ($1.62/sh).
- Q4 combined ratio 98.5% (up 4.8 pts YoY) due to $100M unfavorable prior year casualty reserve development (8.8 pts).
- Standard Commercial Lines combined ratio 100.2%; Personal Lines improved to 91.7%; E&S combined ratio 93.1% with $20M adverse development.
- Net premiums written up 10% in Q4; renewal pure price +10.7%. After-tax net investment income $97M (+24% YoY).
- 2025 guidance: GAAP combined ratio 96%-97% (ex-cats), after-tax NII ~$405M, diluted shares 61.5M. Dividend $0.38/sh payable Mar 3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/230557/000023055725000003/0000230557-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/230557/000023055725000003/sigi-20250129.htm
  HTML page:      https://secwatch.observer/filing/0000230557-25-000003

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