---
title: "Selective Insurance Announces CIO Retirement and Interim Successor"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286472043.md"
description: "Selective Insurance Group, Inc. announced the retirement of Executive Vice President and Chief Investment Officer Joseph O. Eppers, effective June 2, 2026. Vaibhav Kalia, the current Senior Vice President and Head of Fixed Income, will serve as Interim CIO. The company reassured that Eppers' departure is not due to any disagreements. The latest analyst rating for SIGI stock is a Buy with a price target of $97.00, supported by solid financial quality and positive technicals, despite some earnings-call risks."
datetime: "2026-05-14T21:28:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286472043.md)
  - [en](https://longbridge.com/en/news/286472043.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286472043.md)
---

# Selective Insurance Announces CIO Retirement and Interim Successor

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Selective Insurance Group ( (SIGI) ) has issued an announcement.

On May 11, 2026, Selective Insurance Group, Inc. announced that Executive Vice President and Chief Investment Officer Joseph O. Eppers will retire from his role effective June 2, 2026, noting that his decision to leave and pursue other career opportunities did not arise from any disagreement with the company’s strategies or operations. Beginning on the effective date, the firm’s current Senior Vice President, Senior Portfolio Manager and Head of Fixed Income, Vaibhav Kalia, who has been with the company since 2014, will assume responsibilities as Interim Chief Investment Officer, providing continuity in investment leadership during the transition period.

The most recent analyst rating on (SIGI) stock is a Buy with a $97.00 price target. To see the full list of analyst forecasts on Selective Insurance Group stock, see the SIGI Stock Forecast page.

**Spark’s Take on SIGI Stock**

According to Spark, TipRanks’ AI Analyst, SIGI is a Outperform.

SIGI scores well on solid financial quality (conservative leverage, healthy ROE, and generally good cash conversion) and constructive technicals (price above key moving averages with positive momentum). Valuation is also supportive with a low P/E. The main offset is earnings-call risk from premium softness and industry loss-trend/social-inflation pressures, despite reaffirmed guidance and strong investment income.

To see Spark’s full report on SIGI stock, click here.

**More about Selective Insurance Group**

Selective Insurance Group, Inc. is a U.S.-based insurance company that operates in the property and casualty sector, providing a range of insurance products and services to businesses, public entities, and individuals. The company focuses on disciplined underwriting and investment management to support its insurance operations and long-term financial performance.

**Average Trading Volume:** 560,093

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** $5.14B

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