Selective Insurance (SIGI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Selective Insurance reported revenue of $1.29 billion for Q1 2025, reflecting a 10.2% increase year-over-year, but fell short of the Zacks Consensus Estimate of$ 1.3 billion by 0.89% [1] - The company's EPS for the quarter was $1.76, up from$ 1.33 in the same quarter last year, but below the consensus estimate of $1.89, resulting in a surprise of -6.88% [1] Financial Performance Metrics - Underwriting expense ratio was reported at 31.6%, matching the four-analyst average estimate [4] - Loss and loss expense ratio stood at 64.4%, slightly better than the 64.6% average estimate [4] - Combined ratio was 96.1%, outperforming the average estimate of 96.4% [4] - Net premiums earned were$ 1.16 billion, slightly below the $1.17 billion estimate, but represented a 10.3% increase year-over-year [4] - Net investment income earned was$ 120.70 million, compared to the estimate of $123.30 million, marking a 12% year-over-year increase [4] - Standard Personal Lines net premiums earned were$ 103.70 million, below the estimate of $110.06 million, showing a minor decline of 0.1% year-over-year [4] - Standard Commercial Lines net premiums earned were$ 912.20 million, slightly below the estimate of $914.23 million, but reflecting a 9.4% year-over-year increase [4] - Excess and Surplus Lines net premiums earned were$ 142.90 million, exceeding the estimate of $142.47 million, with a significant year-over-year increase of 26.5% [4] - Other income was reported at$ 5.50 million, below the estimate of $7.82 million, indicating a year-over-year decline of 29.5% [4] Stock Performance - Shares of Selective Insurance have returned +1.9% over the past month, contrasting with the Zacks S&P 500 composite's -6.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]