SELECTIVE INSURANCE GROUP INC (SIGI)

Selective Insurance Group, Inc. is an insurance holding company, which engages in the provision of property and casualty insurance products. It operates through the following segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The Standard Commercial Lines segment offers insurance products and services to commercial customers, such as non-profit organizations and local government agencies. The Standard Personal Lines segment consists of insurance products and services, including flood insurance coverage. The E&S Lines segment includes insurance products and services provided to customers who have not obtained coverage in the standard marketplace. The Investments segment refers to premiums collected by various segments and engages in the issuance of debt and equity securities. The company was founded by Daniel L. B. Smith in 1926 and is headquartered in Branchville, NJ.

Address

40 WANTAGE AVENUE
BRANCHVILLE, NJ 07890

Founded

1926

Number of Employees

2,650

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$2,920 $3,888 $4,985 $6,000 $6,423 $8,099 $7,039 $8,974 $5,658 $7,804 $6,728 $6,229
Average Price $22.36 $27.96 $32.71 $44.11 $59.30 $66.19 $67.76 $64.80 $76.83 $100.79 $96.97 $54.75
# Shares Purchased 130,573 139,031 152,392 136,012 108,311 122,353 103,888 138,481 73,644 77,430 69,376 113,772
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 302.5% 221.9% 175.1% 104.0% 51.8% 36.0% 32.8% 38.9% 17.1% -10.7% -7.2% 64.4%
S&P 500 Return to Date 183.0% 174.1% 169.7% 130.6% 105.7% 93.9% 75.5% 32.2% 37.8% 31.9% 8.1% 94.8%
Excess Total Return 119.5% 47.8% 5.5% -26.6% -53.9% -57.9% -42.7% 6.7% -20.7% -42.6% -15.3% -30.4%
Quartile Rank
Percentile Rank 84% 78% 74% 69% 58% 53% 47% 73% 60% 24% 23% 75%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.