Every material Form 8-K Selective Insurance filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Selective Insurance Group reported third-quarter 2024 results on October 21, 2024, with GAAP net income of $1.47 per diluted share, up from $1.42 a year earlier, while non-GAAP operating income fell to $1.40 per share from $1.51. The company raised its full-year 2024 expected GAAP combined ratio to 102.5% from 101.5%, citing elevated catastrophe losses, which means lower underwriting profitability for shareholders than previously expected.
Q3 GAAP net income of $1.47 per diluted share vs. $1.42 a year ago; non-GAAP operating income of $1.40 vs. $1.51.
Full-year 2024 GAAP combined ratio expected at 102.5%, up from prior guidance of 101.5%; net catastrophe losses estimate raised to 7.5 points from 5.5.
Q3 net catastrophe losses of $149 million, including an estimated $85 million of pre-tax losses from Hurricane Helene.
Quarterly common dividend raised 9% to $0.38 per share, payable December 2, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Selective Insurance filing is on SEC EDGAR ↗. 8-K briefs of other companies →