SG

Selective Insurance Group

SIGI
NASDAQFinancials
$92.41
USD
+0.50(+0.54%)
At close: Jun 12, 20:00 UTC

Open

$92.34

Prev. Close

$92.15

High

$92.46

Low

$92.21

Market Snapshot

Market Cap

$5.55B

P/E Ratio

12.5

EPS

3.25

Revenue

$4.86B

Why SIGI moved

Selective Insurance Group experiences a significant boost in market confidence as BMO Capital upgrades its stock rating to 'Outperform' due to robust profitability indicators.

About

Selective Insurance Group, Inc. is an insurance holding company, which engages in the provision of property and casualty insurance products. The company is headquartered in Branchville, New Jersey and currently employs 2,800 full-time employees. The firm's segments include Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The Standard Commercial Lines segment includes property and casualty insurance products and services to commercial enterprises, typically businesses, non-profit organizations, and local government agencies. The Standard Personal Lines segment consists of property and casualty insurance products and services, including flood insurance coverage sold through the Write Your Own program of the National Flood Insurance Program. The E&S Lines segment consists of property and casualty insurance products and services to commercial customers unable to obtain coverage in the standard marketplace. The Investment segment invests insurance premiums and amounts generated through its capital management strategies.

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