Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured’s real property, personal property, and/or earnings due to the property's loss; and flood insurance products. The company also invests in fixed income investments and commercial mortgage loans, as well as equity securities, short-term investments, and alternative investments, and other investments. It offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.
Valuation Verdict | Analyst targets range from $88 to $96, with SIGI trading at a 20% discount to peers. Learn why this undervaluation may present an opportunity for investors |
Pricing Power Play | Uncover SIGI's competitive edge in pricing, driving profitability and contributing to a projected 15% return on equity for 2025, up from 7.5% in 2024 |
Segment Dynamics | Delve into SIGI's diverse business segments, revealing strengths in E&S Lines growth and challenges in Standard Personal Lines amid market fluctuations |
Reserving Resilience | Explore SIGI's journey through reserving challenges, showcasing improved practices and potential for positive EPS revisions despite recent setbacks |
Metrics to compare | SIGI | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipSIGIPeersSector | |
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P/E Ratio | 23.3x | 0.0x | 9.5x | |
PEG Ratio | −0.66 | 0.00 | 0.03 | |
Price / Book | 1.7x | 0.0x | 1.0x | |
Price / LTM Sales | 1.1x | 0.0x | 2.8x | |
Upside (Analyst Target) | 8.9% | 0.0% | 8.7% | |
Fair Value Upside | Unlock | 0.0% | 1.1% | Unlock |