Selective traded at $88.20 this Friday May 15th, increasing $2.25 or 2.62 percent since the previous trading session. Looking back, over the last four weeks, Selective gained 9.33 percent. Over the last 12 months, its price fell by 1.00 percent. Looking ahead, we forecast Selective to be priced at 83.03 by the end of this quarter and at 77.98 in one year, according to Trading Economics global macro models projections and analysts expectations.
Selective Insurance Group, Inc. is a holding company that owns and operates property and casualty insurance subsidiaries that sell products and services in the United States. The Company’s segments include Standard Commercial Lines, Standard Personal Lines, E&S Lines and Investments. The Standard Commercial Lines segment, which consists of insurance products and services provided in the standard marketplace. The Standard Personal Lines segment, which consists of insurance products and services, including flood insurance coverage sold through the National Flood Insurance Program (NFIP). The E&S Lines segment, which consists of insurance products and services provided to customers not obtaining coverage in the standard marketplace. The Investment segment invests insurance premiums, as well as amounts generated through its capital management strategies.