Selective Insurance Group Q1 10-Q: $1,358.9M Revenue, $1.58 Diluted EPS
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Selective Insurance Group reported Q1 results with total revenues of $1,358.9 million, a 6% increase year-over-year, and diluted EPS of $1.58, down 10% from the previous year. Net income was $97.676 million, reflecting an 11% decline. Growth was driven by earned premiums and higher investment income. The company expanded its distribution with 30 new agency locations and plans for 100 more by 2025. Operational improvements included modernized systems and AI analytics, with continued geographic expansion planned for Montana and Wyoming by 2026.
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