Selective Insurance Group Inc (NAS:SIGI)
$ 102.09 0.095 (0.09%) Market Cap: 6.21 Bil Enterprise Value: 6.91 Bil PE Ratio: 27.52 PB Ratio: 2.09 GF Score: 78/100
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Q3 2023 Selective Insurance Group Inc Earnings Call Transcript

Nov 02, 2023 / 03:00PM GMT
Release Date Price: $105.35 (-1.14%)
Operator

Good day, everyone. Welcome to Selective Insurance Group's Third Quarter 2023 Earnings Call. At this time, for opening remarks and introductions, I would like to turn the call over to Senior Vice President, Investor Relations and Treasurer, Brad Wilson.

Brad Bryant Wilson
Selective Insurance Group, Inc. - Senior VP of IR & Treasurer

Thanks, and good morning. We are simulcasting this call on our website, selective.com, and a replay will be available until December 1. We use 3 measures to discuss our results and business operations. First, we use GAAP financial measures reported in our annual, quarterly and current reports filed with the SEC. Second, we use non-GAAP operating measures, which we believe make it easier for investors to evaluate our insurance business. Non-GAAP operating income is net income available to common stockholders, excluding the after-tax impact of net realized gains or losses on investments and unrealized gains or losses on equity securities. Non-GAAP operating return on common equity is non-GAAP operating income divided by average

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