
SIGI Stock Forecast & Price Target
SIGI Analyst Ratings
Bulls say
Selective Insurance Gr is a regional property-casualty insurer based in New Jersey, with a focus on the New York metropolitan area. The company has seen improvement in its Commercial Auto Position and its AY24 & AY25 Loss Ratios, but there are still concerns about potential future reserve charges. Selective has implemented pricing and underwriting actions to improve its loss ratios, but the speed of the decline in booked loss ratios is worrying. The company has put an emphasis on sustainability in its operations, and has a strong investment income outlook. As a result, analysts rate Selective Outperform, but highlight potential risks such as underwriting, regulatory, and financial market risks. For 2026, the company expects a combined ratio of 96.5%-97.5% and $465 million of after-tax net investment income. Overall, there is a positive outlook for the company, but risks continue to be monitored.
Bears say
Selective Insurance Gr is a regional property-casualty insurer that has been struggling with underperformance and increasing loss ratios. Despite substantial pricing increases and non-renewals of underperforming accounts, the company's overall loss ratios have continued to rise at a concerning rate. Additionally, their emphasis on expanding into new states and workforce diversity initiatives may not be enough to offset these fundamental issues. Their reserves have also been increasingly weighted towards more recent accident years, indicating a potential for further losses in the future. Overall, the negative trends in loss ratios and reserves highlight the need for careful evaluation and monitoring of Selective Insurance Gr's financials in the coming periods.
This aggregate rating is based on analysts' research of Selective Insurance Group and is not a guaranteed prediction by Public.com or investment advice.
SIGI Analyst Forecast & Price Prediction
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