Oct 22, 4:18 PM ET
Selective Insurance Group reported third-quarter 2026 net income of $2.11 per diluted share, up from $1.85 a year earlier, and non-GAAP operating income of $2.37 per share, up from $1.75. Net premiums written fell 7% to $1,122.8 million, and the company raised its 2026 after-tax net investment income outlook to $490 million from $480 million. The board also raised the quarterly dividend 12% to $0.48 per share and authorized a new $200 million share repurchase program.
- Net income per diluted share was $2.11 versus $1.85 a year ago; non-GAAP operating income per share was $2.37 versus $1.75.
- GAAP combined ratio improved to 96.8% from 98.6%, with no prior year casualty reserve development in the quarter.
- Net premiums written fell 7% to $1,122.8 million, driven by an 8% decrease in Standard Commercial Lines.
- Quarterly dividend rose to $0.48 per share, payable December 1, 2026; the new $200 million buyback adds to $53 million remaining under the existing authorization.
Read the filing on SEC.gov ↗
Sep 16, 4:20 PM ET
Selective Insurance Group expanded its board from 12 to 13 members and appointed Wole C. Coaxum as a non-employee director, effective September 16, 2026. He previously served on the board from 2020 to 2025 and joined the Audit Committee and Compensation and Human Capital Committee. The filing describes a board appointment with no financial results, guidance or deal terms included, so it has no direct effect on reported performance.
- Board increased from 12 to 13 members; 12 of 13 directors are independent
- Coaxum named to the Audit Committee and Compensation and Human Capital Committee
- Term runs until the 2027 Annual Meeting of Stockholders; no fiscal 2026 equity award, cash retainer prorated through December 31, 2026
- Coaxum is founder and CEO of On Our Block and previously led digital banking platform MoCaFi until its 2026 wind-down
Read the filing on SEC.gov ↗
Jul 23, 4:18 PM ET
Selective Insurance Group reported second-quarter 2026 net income of $2.11 per diluted share, up from $1.36 a year earlier, with non-GAAP operating income of $1.95 per share. Net premiums written fell 5% to $1,220.7 million, while the company raised its 2026 after-tax net investment income expectation to $480 million from $465 million, so shareholders see higher profit alongside shrinking premium volume.
- Net income per diluted share was $2.11 versus $1.36 in Q2 2025; non-GAAP operating income per share was $1.95 versus $1.31
- GAAP combined ratio was 98.0% versus 100.2%, helped by lower catastrophe and property losses and no prior year casualty reserve development
- Net premiums written decreased 5%; Standard Commercial Lines premiums fell 6%, and average Commercial Lines renewal pure price increases were 6.5% versus 8.9%
- 2026 guidance: GAAP combined ratio of 96.5% to 97.5%, after-tax net investment income of $480 million, and an effective tax rate of 21.5%
Read the filing on SEC.gov ↗
May 14, 4:01 PM ET
Selective Insurance said Executive Vice President and Chief Investment Officer Joseph O. Eppers will retire effective June 2, 2026, to pursue other career opportunities, and that his decision did not involve any disagreement with the company. Vaibhav Kalia, currently Senior Vice President, Senior Portfolio Manager and Head of Fixed Income, will serve as Interim Chief Investment Officer starting that date. The filing does not name a permanent successor, and it reports no financial results.
- Joseph O. Eppers notified the company on May 11, 2026, of his intent to retire as Executive Vice President and Chief Investment Officer
- Retirement is effective June 2, 2026, and the filing says it is not due to any disagreement on strategies, operations, policies or practices
- Vaibhav Kalia, who joined the company in 2014, will serve as Interim Chief Investment Officer beginning June 2, 2026
- The filing does not name a permanent Chief Investment Officer
Read the filing on SEC.gov ↗
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