Selective Insurance Group, Inc.'s (SIGI) CEO John Marchioni on Q2 2020 Results - Earnings Call Transcript

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Q2: 2020-07-29 Earnings Summary

EPS of $0.40 beats by $0.03
 | Revenue of $682.40M (-3.64% Y/Y) misses by $24.88M

Selective Insurance Group, Inc. (NASDAQ:SIGI) Q2 2020 Results Earnings Conference Call July 30, 2020 10:30 AM ET

Company Participants

Rohan Pai - Senior Vice President, Investor Relations and Treasurer
John Marchioni - President and CEO
Mark Wilcox - Chief Financial Officer

Conference Call Participants

Charlie Lederer - Credit Suisse
Matt Carletti - JMP Securities
Paul Newsome - Piper Sandler
Sean Reitenbach - KBW
Bob Farnam - Boenning

Operator

Good day, everyone. Welcome to Selective Insurance Group’s Second Quarter 2020 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. Please begin.

Rohan Pai

Good morning, everyone, and welcome. We are simulcasting this call on our website, selective.com, and the replay will be available until August 28, 2020. Our supplemental investor package, which provides 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 also are included in our filings with our annual quarterly and current report filed with the U.S. 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 and unrealized gains or losses on equity securities.

And statements and projections about our future performance. These forward-looking statements under Private Securities Litigation Reform Act of 1995 are not guarantees of future performance and are subject to risk and uncertainties.

For a detailed discussion of these risks and uncertainties, please refer to our annual and quarterly reports filed with the U.S. Securities and Exchange Commission, which includes

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