Brief: Selective Reports Record Qtrly EPS Of $1.36

Selective Insurance

30/01/2020 23:13

Jan 30 (Reuters) - Selective Insurance Group Inc  SIGI.O :
    * SELECTIVE REPORTS RESULTS FOR THE FOURTH QUARTER OF 2019 - RECORD NET
INCOME PER
DILUTED SHARE OF $1.36 AND RECORD NON-GAAP OPERATING INCOME(1) PER DILUTED SHARE
OF $1.37; FULL YEAR 2019 RECORD NET INCOME PER DILUTED SHARE OF $4.53 AND RECORD
NON-GAAP OPE
    * Q4 NON-GAAP OPERATING EARNINGS PER SHARE $1.37
    * Q4 EARNINGS PER SHARE ESTIMATE $1.09 -- REFINITIV IBES DATA
    * FOR 2020, SELECTIVE EXPECTS TO GENERATE GAAP COMBINED RATIO, EXCLUDING
CATASTROPHE LOSSES, OF 91.5%
    * FOR 2020, SELECTIVE EXPECTS CATASTROPHE LOSSES OF 3.5 POINTS
    * QTRLY NET PREMIUMS WRITTEN ("NPW") INCREASED 8%
    * SEES 2020 GAAP COMBINED RATIO, EXCLUDING CATASTROPHE LOSSES, OF 91.5%
    * SEES 2020 CATASTROPHE LOSSES OF 3.5 POINTS

Source text for Eikon:  ID:nPn1nDy6Xa 
Further company coverage:  SIGI.O 

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