Selective Insurance Group's (SIGI) CEO Greg Murphy on Q3 2019 Results - Earnings Call Transcript

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Q3: 2019-10-30 Earnings Summary

EPS of $0.97 misses by $0.10
 | Revenue of $710.40M (6.91% Y/Y) misses by $7.74M

Selective Insurance Group, Inc. (NASDAQ:SIGI) Q3 2019 Earnings Conference Call October 31, 2019 9:00 AM ET

Company Participants

Rohan Pai – Senior Vice President, Investor Relations and Treasurer
Greg Murphy – Chief Executive Officer
John Marchioni – President and Chief Operating Officer
Mark Wilcox – Chief Financial Officer.

Conference Call Participants

Charlie Lederer – Credit Suisse
Scott Heleniak – RBC Capital Markets
Jamie Inglis – Philo Smith & Company
Chris Campbell – KBW
Tom Shim – Sandler O'Neill

Operator

Good day, everyone. Welcome to Selective Insurance Group's Third Quarter 2019 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, Rohan Pai. You may now begin.

Rohan Pai

Good morning everyone and welcome. This call is being simulcast on our website and the replay will be available through December 2, 2019. A supplemental investor package, which includes GAAP reconciliations of non-GAAP financial measures referred to on this call is available on the Investors Page of our website, www.selective.com.

Certain GAAP financial measures will be stated in the call that also are included in our previously filed Annual Report on Form 10-K and Quarterly Form 10-Q reports. To analyze trends in our operations, we use non-GAAP operating income, which is net income excluding the after-tax impact of net realized gains or losses on investments, unrealized gains or losses on equity securities, and debt retirement costs related to our early redemption of debt securities in the first quarter. We believe that providing this non-GAAP measure makes it easier for investors to evaluate our insurance business.

As a reminder, some of the statements and projections made during this call are forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of

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