---
title: "Selective Insurance Group Q1 10-Q: $1,358.9M Revenue, $1.58 Diluted EPS"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284041705.md"
description: "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."
datetime: "2026-04-24T17:51:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284041705.md)
  - [en](https://longbridge.com/en/news/284041705.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284041705.md)
---

# Selective Insurance Group Q1 10-Q: $1,358.9M Revenue, $1.58 Diluted EPS

Selective Insurance Group reported first-quarter results showing total revenues of $1,358.9 million and diluted earnings per share of $1.58, with net income of $97.676 million. Revenue rose 6% year-over-year, supported by earned premiums and higher investment income, while EPS declined about 10% year-over-year reflecting lower after-tax results. The quarter’s operating performance was described as core results before tax with income before income tax of $124.2 million.

**Financial Highlights**

-   **Total revenues:** $1,358.9 million, up 6% year-over-year per MD&A.
-   **Gross profit (Income before income tax on statement of income):** $124.2 million.
-   **Operating income (Income before income tax):** $124.2 million, reflecting core pre-tax results.
-   **Net income:** $97.676 million, down 11% year-over-year.
-   **Diluted earnings per share:** $1.58, down 10% year-over-year.

**Business Highlights**

-   **Revenue drivers:** Growth was driven by earned premiums and higher investment income, supporting operating performance.
-   **Distribution expansion:** Net increase of approximately 30 agency locations in Q1 and about 100 planned in 2025; retail access in excess & surplus (E&S) lines was expanded.
-   **Pricing and underwriting:** Targeted rate increases and tightened underwriting were implemented to improve profitability across segments.
-   **Operational efficiency and technology:** Modernized policy and claims systems and scaled AI analytics to improve speed, accuracy, and productivity.
-   **Geographic and product growth:** Continued geographic expansion since 2017 with new states added and plans to enter Montana and Wyoming in 2026.

Original SEC Filing: SELECTIVE INSURANCE GROUP INC \[ SIGI \] - 10-Q - Apr. 24, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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