Selective Insurance Group, Inc. (SIGI) CEO Greg Murphy on Q4 2019 Results - Earnings Call Transcript

Selective Insurance Group, Inc. (NASDAQ:SIGI) Q4 2019 Earnings Conference Call January 31, 2020 10:00 AM ET

Company Participants

Rohan Pai - SVP, IR & Treasurer
Greg Murphy - CEO
Mark Wilcox - CFO
John Marchioni - President & COO

Conference Call Participants

Mike Zaremski - Credit Suisse
Paul Newsome - Piper Sandler
Amit Kumar - Buckingham Research
Mark Dwelle - RBC Capital Markets
Matthew Carletti - JMP

Operator

Good day everyone, welcome to Selective Insurance Group's Fourth Quarter 2019 Earnings Call. At this time, all participants will be on listen-only mode until the Q&A portion of the call. [Operator Instructions]

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.

Rohan Pai

Good morning everyone and welcome. We're simulcasting this call on our website selective.com and the replay will be available until March 2, 2020. Our supplemental investor package, which includes GAAP reconciliations of any non-GAAP financial measures referenced today also is available on the Investors page of our website.

Today, we will discuss our results and business operations using GAAP financial measures that are also included in our filings with our annual, quarterly and current reports filed with the US Securities and Exchange Commission. Non-GAAP operating income, which we use to analyze trends in operations and believe makes it easier for investors to evaluate our insurance business. Non-GAAP operating income 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 security in the first quarter, and statements and projections about of our future performance. These forward-looking statements under the Private Securities Litigation Reform Act of 1995 are not guarantees of future performance and are subject to risks and uncertainties. For