Recent Updates — SIGI

Selective Insurance Group reported third-quarter net income of $126.4 million, or $2.11 per diluted share, driven by a lower combined ratio of 96.8% and after-tax investment income of $127 million. The Board increased the quarterly common stock dividend by 12% to $0.48 per share and approved a new $200 million share repurchase authorization. Selective Insurance Group is a property and casualty insurance company offering standard and specialty coverage through independent agents.

Selective Insurance Group, Inc. appointed Wole C. Coaxum as a non-employee director effective September 16, 2026, increasing the Board size from 12 to 13 members. Mr. Coaxum, who previously served on the board from 2020 to 2025, joins the Audit Committee and Compensation and Human Capital Committee. He receives standard non-employee director compensation with a prorated cash retainer for fiscal year 2026 but no annual equity award. Mr. Coaxum is the founder and CEO of On Our Block and formerly led Mobility Capital Finance Inc. Selective Insurance Group, Inc. operates in the property and casualty insurance industry.