Selective Insurance Group Inc. (SV2)
XDUS 
Summary
SV2 Chart
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Selective Insurance Group Inc. Profile
| Insurance Industry | Financials Sector | John Joseph Marchioni CEO | XDUS Exchange | US8163001071 ISIN |
| US Country | 2,800 Employees | 17 Aug 2026 Last Dividend | 21 Feb 2007 Last Split | 9 Dec 2020 IPO Date |
Overview
Selective Insurance Group, Inc., a prominent provider of insurance solutions in the United States, serves its customers through a comprehensive range of products and services. With its foundations laid in 1926, Selective Insurance has carved itself a niche in the insurance industry, operating under four primary segments—Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company has built a solid reputation by offering tailored insurance coverage for businesses, non-profit organizations, local government agencies, and individuals. Its approach to insurance involves distributing its products and services through a network of independent retail agents and wholesale general agents. Headquartered in Branchville, New Jersey, Selective Insurance is committed to serving the diverse needs of its clientele with integrity and expertise.
Products and Services
- Casualty Insurance: This encompasses coverage for the financial aftermath of employee injuries occurring during employment, as well as bodily injury and/or property damage inflicted upon a third party. Casualty insurance by Selective intends to shield its policyholders against unexpected liabilities, ensuring peace of mind and financial security.
- Property Insurance: Designed to cover the accidental loss of an insured's real and personal property, as well as potential loss of earnings due to such property loss. Selective’s property insurance products provide a safety net for businesses and individuals alike, making it possible to recover from unforeseen damages to physical assets.
- Flood Insurance: Offering specialized flood insurance products, Selective Insurance helps protect against the damage caused by flooding. Given the unpredictable nature of such disasters, having flood insurance is critical for those in flood-prone areas to mitigate potential financial losses.
Beyond insurance products, Selective Insurance Group also engages in a variety of investment activities. The company’s investment portfolio includes fixed income investments, commercial mortgage loans, equity securities, short-term investments, and alternative investments. These financial activities support the company’s insurance operations and contribute to its overall financial stability.
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