Selective Insurance (SIGI) Stock Climbs As Q3 Results Sharpen Profit Focus

Selective Insurance Group investors just watched the stock jump about 5% to roughly $96.55 the first full trading day after its Q3 2026 release. The move looks driven more by emotion than hype. The headline story is a property and casualty insurer that posted solid profitability, with GAAP earnings per share of US$2.11 and a combined ratio of 96.8% that absorbed 5.4 points of catastrophe losses. Price and fundamentals are pulling in the same direction, yet not perfectly in sync. The market is...