BRANCHVILLE, N.J. (AP) _ Selective Insurance Group Inc. (SIGI) on Thursday reported fourth-quarter profit of $127.1 million.
On a per-share basis, the Branchville, New Jersey-based company said it had profit of $2.10. Earnings, adjusted for investment gains, were $1.84 per share.
The insurance holding company posted revenue of $798.4 million in the period. Its adjusted revenue was $778.3 million.
For the year, the company reported profit of $246.4 million, or $4.09 per share. Revenue was reported as $2.93 billion.
Selective Insurance shares have climbed slightly since the beginning of the year. In the final minutes of trading on Thursday, shares hit $67.17, an increase of 1% in the last 12 months.
Agriculture Insurance and Reinsurance Market May See Big Move : Allianz, XL Catlin, Arch Capital
As COVID-19 rages on, California and federal government extend health insurance enrollment
Advisor News
- Millennials seek trusted financial advice as they build and inherit wealth
- NAIFA: Financial professionals are essential to the success of Trump Accounts
- Changes, personalization impacting retirement plans for 2026
- Study asks: How do different generations approach retirement?
- LTC: A critical component of retirement planning
More Advisor NewsAnnuity News
- Symetra Enhances Fixed Indexed Annuities, Introduces New Franklin Large Cap Value 15% ER Index
- Ancient Financial Launches as a Strategic Asset Management and Reinsurance Holding Company, Announces Agreement to Acquire F&G Life Re Ltd.
- FIAs are growing as the primary retirement planning tool
- Edward Wilson Joins SEDA, Bringing Deep Expertise in Risk Management, Derivatives Trading and Institutional Prime Brokerage
- Trademark Application for “INSPIRING YOUR FINANCIAL FUTURE” Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
More Annuity NewsHealth/Employee Benefits News
- Rep. Howell, Sen. Watson propose health insurance protection legislation
- Braden Draggoo Named New York Life’s 2025 Council President
- Genworth Financial taking the offensive after years of LTCi rate struggles
- Ambler Brook Announces Strategic Growth Investment in Claimify
- Sarepta Therapeutics Announces Commercial Launch of ELEVIDYS in Japan
More Health/Employee Benefits NewsLife Insurance News