EX-11 2 sigi-ex11_3312022xq1.htm EX-11

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Exhibit 11

SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES

COMPUTATION OF EARNINGS PER COMMON SHARE

First Quarter 2022						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						$	54,030					60,384						$	0.89
Effect of dilutive securities:
Stock compensation plans						—						440
Diluted EPS:
Net income available to common stockholders						$	54,030					60,824						$	0.89
First Quarter 2021						Income (Numerator)						Shares (Denominator)						Per Share Amount
(in thousands, except per share amounts)
Basic EPS:
Net income available to common stockholders						$	106,817					60,087						$	1.78
Effect of dilutive securities:
Stock compensation plans						—						378
Diluted EPS:
Net income available to common stockholders						$	106,817					60,465						$	1.77