SELECTIVE INSURANCE GROUP INC (SIGI) Form 8-K — Oct 22, 2026
Selective Insurance Group reported Q3 2026 net income per diluted share of $2.11 and non-GAAP operating EPS of $2.37, up 35% from $1.75 a year ago. The GAAP combined ratio improved 1.8 points to 96.8%, with zero prior-year casualty reserve development, while after-tax net investment income rose 16% to $127 million. The Board raised the quarterly dividend 12% to $0.48 per share — the thirteenth consecutive annual increase — and authorized a new $200 million share repurchase program, adding to $53 million remaining on the prior authorization. The company also repurchased $55 million of stock in the quarter at an average price of $93.66.
Key figures
- Eps
- 2.11
- Guidance
- FY2026 GAAP combined ratio 96.5%-97.5% with 5.5 pts catastrophe losses; after-tax net investment income $490M (raised from $480M); effective tax rate 21.5%; weighted average diluted shares 59.9M
- Net Income
- 126.4
- Total Debt
- 901.5
- Roe q3
- 15.1%
- Npw change yoy
- -7%
- Buybacks q3 musd
- 55
- Combined ratio q3
- 96.8%
- Avg repurchase price
- 93.66
- Book value per share
- 55.02
- Dividend increase pct
- 12
- Renewal pure price q3
- 5.6%
- Shares repurchased q3
- 587229
- Non gaap operating eps q3
- 2.37
- Non gaap operating roe q3
- 16.9%
- Combined ratio prior year q3
- 98.6%
- Quarterly dividend per share
- 0.48
- Adjusted book value per share
- 62
- New buyback authorization musd
- 200
- Existing buyback remaining musd
- 53
- Net catastrophe losses q3 points
- 5.4
- After tax net investment income q3 musd
- 127.3
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.