Selective Reports First Quarter 2023 Results, Including Net Income of $1.48 per Diluted Common Share and Non-GAAP Operating Income(1) of $1.44 per Diluted Common Share

First Quarter 2023 Return on Common Equity ("ROE") of 15.1% and Non-GAAP Operating ROE¹ of 14.6%

In the first quarter of 2023, we reported:

BRANCHVILLE, N.J., May 3, 2023 /PRNewswire/ -- Selective Insurance Group, Inc. (NASDAQ: SIGI) reported financial results for the first quarter ended March 31, 2023, with net income per diluted common share of $1.48 and non-GAAP operating income¹ per diluted common share of $1.44. The first quarter combined ratio was a profitable 95.7%, inclusive of 6.1 points of catastrophe losses.