Selective Insurance Group publishes Q3 2026 earnings call transcript
SIGI•Selective Insurance Group raised its full-year after-tax net investment income guidance to $490 million from $480 million. It also announced a $200 million share repurchase program, increased its quarterly dividend 12% and said Standard Commercial Lines net premiums written fell 8%.
1. Guidance and capital returns
Management raised full-year after-tax net investment income guidance to $490 million from $480 million. The GAAP combined ratio outlook remained 96.5%-97.5%, with results now expected closer to the midpoint. A new $200 million share repurchase program brought available capacity to approximately $253 million, and the quarterly dividend rose 12%.
2. Commercial lines premiums
Standard Commercial Lines net premiums written fell 8%; targeted retention cuts in underperforming business accounted for 5 percentage points of the decline.
