Selective Insurance's disciplined underwriting, strong E&S performance and higher investment income support profitable growth despite industry challenges.
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Dimensional Fund Advisors LP grew its stake in shares of Selective Insurance Group, Inc. (NASDAQ: SIGI) by 3.4% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,359,224 shares of the insurance provider's stock after purchasing an additional
Selective Insurance delivered a profitable but mixed Q2, as the combined ratio improved to 98% from 100.2%. Commercial Lines returned to underwriting profitability with a 99.3% combined ratio. Personal Insurance remained profitable at 95.5%, while E&S continued to support group performance with a 91.8% combined ratio. Management maintained its 96.5%-97.5% full-year combined ratio guidance and raised expected after-tax investment income to approximatively $480 million.
Selective Insurance beats Q2 earnings estimates as stronger investment income and underwriting lift results, while raising its 2026 investment income outlook.