Trade Selective Insurance Group Inc - SIGI CFD

Selective Company profile

About Selective Insurance Group Inc

Selective Insurance Group, Inc. is a holding company that owns and operates property and casualty insurance subsidiaries that sell products and services in the United States. The Company’s segments include Standard Commercial Lines, Standard Personal Lines, E&S Lines and Investments. The Standard Commercial Lines segment, which consists of insurance products and services provided in the standard marketplace. The Standard Personal Lines segment, which consists of insurance products and services, including flood insurance coverage sold through the National Flood Insurance Program (NFIP). The E&S Lines segment, which consists of insurance products and services provided to customers not obtaining coverage in the standard marketplace. The Investment segment invests insurance premiums, as well as amounts generated through its capital management strategies.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Selective Insurance Group Inc revenues increased 15% to $3.37B. Net income applicable to common stockholders increased 60% to $394.5M. Revenues reflect Standard commercial lines segment increase of 14% to $2.46B. Net income benefited from Expense Ratio -% - Excess & Surplus decrease of 8% to 31.7%, Loss Ratio -% - Commrecial increase of 1% to 58.4%.

Equity composition

Common Stock $2 Par, 03/11, 360M auth., 96,838,773 issd., less 42,821,299 of shs. in Treas. @ $551.9M. Insiders control 2.62% . IPO: 6/81, 1M shares @$22 by Lehman Bros. 12/97, 2-for-1 stock split; 9/89, 3-for-2 stock split. 02/07, 2-for-1 stock split.