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Selective Insurance Announces CIO Retirement and Interim Successor

Tipranks - Fri May 15, 4:44PM CDT

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Selective Insurance Group ( (SIGI) ) has issued an announcement.

On May 11, 2026, Selective Insurance Group, Inc. announced that Executive Vice President and Chief Investment Officer Joseph O. Eppers will retire from his role effective June 2, 2026, noting that his decision to leave and pursue other career opportunities did not arise from any disagreement with the company’s strategies or operations. Beginning on the effective date, the firm’s current Senior Vice President, Senior Portfolio Manager and Head of Fixed Income, Vaibhav Kalia, who has been with the company since 2014, will assume responsibilities as Interim Chief Investment Officer, providing continuity in investment leadership during the transition period.

The most recent analyst rating on (SIGI) stock is a Buy with a $97.00 price target. To see the full list of analyst forecasts on Selective Insurance Group stock, see the SIGI Stock Forecast page.

Spark’s Take on SIGI Stock

According to Spark, TipRanks’ AI Analyst, SIGI is a Outperform.

SIGI scores well on solid financial quality (conservative leverage, healthy ROE, and generally good cash conversion) and constructive technicals (price above key moving averages with positive momentum). Valuation is also supportive with a low P/E. The main offset is earnings-call risk from premium softness and industry loss-trend/social-inflation pressures, despite reaffirmed guidance and strong investment income.

To see Spark’s full report on SIGI stock, click here.

More about Selective Insurance Group

Selective Insurance Group, Inc. is a U.S.-based insurance company that operates in the property and casualty sector, providing a range of insurance products and services to businesses, public entities, and individuals. The company focuses on disciplined underwriting and investment management to support its insurance operations and long-term financial performance.

Average Trading Volume: 560,093

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.14B

See more insights into SIGI stock on TipRanks’ Stock Analysis page.

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