EX-11 2 sigi-ex11_6302021xq2.htm EX-11

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Exhibit 11

SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES

COMPUTATION OF EARNINGS PER COMMON SHARE

Second Quarter 2021						Income (Numerator)						Shares (Denominator)						Per Share Amount
(in thousands, except per share amounts)
Basic Earnings Per Common Share ("EPS"):
Net income available to common stockholders						$	119,583					60,164						$	1.99
Effect of dilutive securities:
Stock compensation plans						—						330
Diluted EPS:
Net income available to common stockholders						$	119,583					60,494						$	1.98
Second Quarter 2020						Income (Numerator)						Shares (Denominator)						Per Share Amount
(in thousands, except per share amounts)
Basic EPS:
Net income available to common stockholders						$	34,183					59,846						$	0.57
Effect of dilutive securities:
Stock compensation plans						—						376
Diluted EPS:
Net income available to common stockholders						$	34,183					60,222						$	0.57
Six Months 2021						Income (Numerator)						Shares (Denominator)						Per Share Amount
(in thousands, except per share amounts)
Basic EPS:
Net income available to common stockholders						$	226,400					60,126						$	3.77
Effect of dilutive securities:
Stock compensation plans						—						352
Diluted EPS:
Net income available to common stockholders						$	226,400					60,478						$	3.74
Six Months 2020						Income (Numerator)						Shares (Denominator)						Per Share Amount
(in thousands, except per share amounts)
Basic EPS:
Net income available to common stockholders						$	49,419					59,779						$	0.83
Effect of dilutive securities:
Stock compensation plans						—						429
Diluted EPS:
Net income available to common stockholders						$	49,419					60,208						$	0.82