Selective Insurance Group, Inc. (SIGI)
Selective Insurance Group, Inc. operates in the Insurance - Property & Casualty industry of the Financial Services sector, headquartered in Branchville, NJ, US. The stock last traded at $93.75, down 0.27% on the session, giving a market capitalisation of $5.59B. On trailing twelve-month figures it carries a trailing P/E of 11.60, a net margin of 9.1%. Its beta of 0.29 implies it has historically moved less than the broad market.
Selective Insurance Group, Inc. (SIGI) is a U.S.-based company that delivers a wide array of insurance products and services. Its business operations are structured across four primary divisions: Standard Commercial Lines, Standard Personal Lines, Excess & Surplus Lines (E&S), and Investments. The company's insurance offerings include comprehensive property coverage, safeguarding clients from financial repercussions due to accidental damage to real estate, personal possessions, or the resulting loss of earnings. It also provides casualty insurance, which addresses financial liabilities stemming from employee work-related injuries and third-party bodily harm or property damage. Additionally, flood insurance is a key component of its product suite. Beyond its core underwriting activities, Selective actively manages a diverse investment portfolio. This includes allocating capital to fixed income securities, commercial mortgage loans, equity holdings, and various alternative investments. Selective's insurance solutions are made available to a broad clientele, including corporations, non-profit organizations, local government entities, and private individuals. These products and services are distributed through a network of independent retail agents and wholesale general agents. Established in 1926, Selective Insurance Group, Inc. maintains its headquarters in Branchville, New Jersey.
Selective Insurance Group, Inc. is most often compared with the following Financial Services names: