Selective Insurance Group

At the KBW conference Selective Insurance emphasized that margin improvement takes precedence over growth and that the roughly 10% premium decline was deliberate, driven by tighter underwriting and the reduction of poor risks. Management is integrating AI company‑wide to automate processes, provide real‑time support for underwriters and claims adjusters, and accelerate onboarding of younger staff. Capital will be prioritized for organic growth, a dividend of 20–25% of earnings is targeted, and share buybacks will be done opportunistically. Selective aims to grow within its 38‑state footprint, selectively rehabilitate the weakest parts of the portfolio, and improve loss ratios on a cohort basis. » Mere på de.investing.com

The stock of Selective Insurance Group climbed to a 52-week high of 98,0 USD and is currently trading at 97,83 USD. Key figures: P/E 13.31, PEG 0.13; price performance: +14.34% over 12 months and +17.1% year-to-date. BMO upgraded its rating to "Outperform" after a marked improvement in the scorecard for reserves and profit margins; the annual general meeting also confirmed twelve board members and highlighted the company’s 52-year dividend record. » Mere på de.investing.com

At the annual general meeting, shareholders elected all twelve nominated directors of Selective Insurance Group for one year, approved executive compensation and confirmed KPMG as the independent auditor. The company issued a 2026 outlook, forecasting a GAAP combined ratio of 96.5–97.5%, with catastrophe losses estimated at about six percentage points. Selective also expects net investment income after tax of $465 million; analyst comments and valuation data show a continued dividend record and a stock viewed as undervalued. » Mere på de.investing.com