Selective Insurance Group Inc（SIGI）資訊與事件SIGISelective Insurance Group Inc

Selective Insurance Appoints Vaibhav Kalia as Chief Investment Officer

Selective Insurance Group announced the appointment of Vaibhav Kalia as Executive Vice President and Chief Investment Officer, effective immediately. Kalia has served as Interim Chief Investment Officer since June 2026. In this role, Mr. Kalia oversees Selective's investment portfolio and investment-related matters of the organization's employee benefit plans. He chairs the Management Investment Committee and is responsible for setting and executing the company's investment strategy, balancing risk against projected return. "Vaib has led our investment function with discipline and clear judgment during the interim period, and has earned this role," said John J. Marchioni, Chairman, President and Chief Executive Officer. "His deep expertise in fixed income and risk management, together with more than a decade of experience with our portfolio, has contributed to the strong, risk-adjusted returns that support our insurance operations and create value for our shareholders, making him exceptionally qualified for this position."

Selective Reports Q2 Revenue of $1.39B, Exceeds Expectations

Reports Q2 revenue $1.39B, consensus $1.37B. Book value per common share was $58.13, up 3% from last quarter. Adjusted book value per common share1 was $60.56, up 3% from last quarter. The company said, "Our results reflect disciplined execution in an increasingly competitive environment. Operating ROE in the quarter was 13.7%, which marked our eighth consecutive quarter of double-digit operating returns. With our strong capital position and commitment to delivering long-term value, we returned 45% of after-tax net income through our regular dividend and $32 million of share repurchases. Even with this capital return, book value per share grew 3% in the quarter. Over the last two years, we have taken deliberate actions to improve the quality and long-term profitability of our underwriting portfolio. While those decisions contributed to lower premium in the quarter, they reflect the underwriting discipline that has long differentiated Selective and our commitment to pursuing growth where risk-adjusted returns are most attractive."

Selective Reports Q1 Revenue of $1.36B, Below Consensus

Reports Q1 revenue $1.36B, consensus $1.38B. For the quarter, Selective's combined ratio was 98.3%. Catastrophe losses were 6.2 points, and there was no net prior year casualty reserve development. NPW decreased 1% from a year ago due to a 6% decrease in Standard Personal Lines and a 1% decrease in Standard Commercial Lines. Renewal pure price increases were 7.2%. Net investment income increased 18% from a year ago, to $113 million after-tax, generating 13.3 points of annualized ROE in the quarter.