News Watch-list – Selective Insurance Group, Inc. (NASDAQ:SIGI)

Selective Insurance Group, Inc. (NASDAQ:SIGI) increased 0.16% to $61.5 with the total traded volume of 82046 shares in today current session versus to an average volume of 175.41K. The stock was up in the 5 days activity 7.25%. The one month performance of stock was high 6.23%.

SIGI shares are above 2.93% for the quarter and driving a 31.06% rally over the course of the past year and is now up 4.60% since this point in 2018.  Right now SIGI beta is 1.32. The average volatility for the week and month was at 2.80% and 2.57% respectively.”

Selective Insurance Group, Inc. (NASDAQ:SIGI) reported today that H. Elizabeth Mitchell has been appointed to its Board of Directors, effective March 9, 2018. Ms. Mitchell, former president and chief executive officer of Renaissance Reinsurance U.S., Inc., is an independent director.

Ms. Mitchell holds a B.A. from the College of Holy Cross in Worcester, Massachusetts. Ms. Mitchell, 56, retired from Renaissance Re in 2016 and is a director of StanCorp Financial Group, Inc. and member of the Board of Advisors of Hudson Structured Capital Management Ltd. Previously, she was chief executive officer and president of Platinum Underwriters Reinsurance, Inc. and held senior positions at St. Paul Reinsurance, Inc. She is a fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries. Previously, she served on the board of overseers of the St. John’s University School of Risk Management, Insurance and Actuarial Science from 2007 to 2016 and as a trustee of The Institutes from 2010 to 2016.

Lead Independent Director J. Brian Thebault said “Liz is a great addition to Selective’s Board and will stand for election at our 2018 Annual Meeting in May. She is a highly regarded insurance executive, with extensive experience in risk assessment and mitigation, actuarial science, corporate transactions, and operational reorganizations”.

Chairman and CEO Gregory E. Murphy stated, “We expect Liz to immediately contribute to our overall corporate strategies, including our risk assessment, reinsurance, and growth strategies.”

Shares of Selective Insurance Group, Inc. have been recently spotted trading -1.45% off of the 52-week high price. On the other end, company shares have been noted 37.74% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 44.65 – 62.40. Switching over to some distances from popular moving averages, we see that the stock has been recorded 5.19% away from the 50 day moving average and 12.24% away from the 200 day moving average. Moving closer, we can see that shares have been trading 5.57% off of the 20-day moving average.

Warren Becky

Warren Becky

Warren Becky joined us, after more than 10 years of experience in writing financial and business news, most recently as Investment Editor and writer. He also has a vast knowledge of stock trading. He earned bachelor degree from Union College with a focus in Business Administration. Warren is the Senior Editor and market movers section. He also holds an MBA from Penn State University. He has two daughter and two children. Address: 2129 Maud Street, ESKO, Minnesota Email: Warrenbecky@stocksgeeks.com Zip Code: 55733 Contact number: 302-722-7537

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