Selective Insurance Group

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. » Altro su 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. » Altro su de.investing.com

Selective Insurance presented strategic goals for profitability and expansion at the Bank of America Financial Services Conference. The company targets a long-term combined ratio of 95%, plans to expand its presence from 22 to 36–40 states, and is increasing investments in data and technology. In 2025 it returned $100 million to shareholders via dividends and buybacks; over the long term it aims to return 20–25% of earnings to shareholders. Planned business diversification includes expanding E&S lines and the mass-affluent market, raising IT budgets, and reviewing reserving practices. » Altro su de.investing.com