(SIGI) Selective Insurance - Ratings and Ratios

Selective Insurance Group Inc (SIGI) operates as a holding company for its insurance subsidiaries, specializing in property and casualty insurance. Their business is divided into four main segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. This structure allows them to cater to diverse market needs, ensuring a balanced approach to risk management.

The companys investment strategy is prudent, focusing on fixed-income securities and commercial mortgage loans to maintain stability. They also explore equity securities and alternative investments to enhance returns, reflecting a balanced approach to portfolio management.

Customer acquisition is primarily through independent agents, a strategy that emphasizes personalized service and local market knowledge. This distribution model helps them build strong relationships with clients, including businesses and government entities, fostering trust and reliability.

Founded in 1926 and headquartered in Branchville, New Jersey, Selective Insurance has a long-standing history of operational excellence. Their financial health is indicated by a market cap of over $5 billion, with key metrics like P/E ratios and P/B ratio suggesting a stable valuation. These figures are crucial for investors assessing the companys growth potential and financial standing.