Selective Insurance: Leaving 2024 Behind And Seizing 2025
Selective Insurance Group, Inc. (NASDAQ:SIGI ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Brad Wilson - Senior Vice President, Investor Relations and Treasurer John Marchioni - Chairman of the Board, President and Chief Executive Officer Patrick Brennan - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Phillips - Oppenheimer Paul Newsome - Piper Sandler Jing Li - KBW Operator Good day and thank you for standing by. Welcome to Selective Insurance Group, Inc. Fourth Quarter 2024 Earnings Conference Call.
SIGI Q4 results reflect improved net investment income as well as lower catastrophe losses and average renewal pure price increases, offset by higher expenses.
The headline numbers for Selective Insurance (SIGI) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Selective Insurance (SIGI) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $1.94 per share a year ago.
Selective Insurance (SIGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Selective Insurance stock remains poised to gain from solid retention rates, higher new business gains and renewal pure price increases.
Selective Insurance rides on solid retention rates, higher new business gains and renewal pure price increases, offset by higher expenses and exposure to cat loss.
Selective Insurance (SIGI) reported earnings 30 days ago. What's next for the stock?
Selective Insurance Group, Inc. (NASDAQ:SIGI ) Q3 2024 Results Conference Call October 22, 2024 8:30 AM ET Company Participants Brad Wilson - Senior Vice President, Investor Relations and Treasurer John Marchioni - Chairman of the Board, President and Chief Executive Officer Tony Harnett - Senior Vice President and Chief Accounting Officer Patrick Brennan - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Phillips - Oppenheimer Michael Zaremski - BMO Paul Newsome - Piper Sandler Scott Heleniak - RBC Capital Markets Grace Carter - Bank of America Meyer Shields - Keefe, Bruyette & Woods Matt Carletti - Citizens JMP Operator Ladies and gentlemen, thank you for standing by. Welcome to Selective Insurance Group, Incorporated Third Quarter 2024 Earnings Call.
SIGI's Q3 results reflect average renewal pure price increases and stable retention, offset by higher catastrophe losses and expenses.
Although the revenue and EPS for Selective Insurance (SIGI) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.