SELECTIVE INSURANCE GROUP INC (SIGI) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Dec-31-22	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21
	10-Q	8-K	8-K	8-K	10-Q	10-Q	10-K	10-Q
Revenues:
Standard Commercial Lines	768.3				682.8	662.6	637.8	623.7
Standard Personal Lines	87.7				73.8	73.1	73.5	73.8
Other	184.5				108.2	110.4	158.4	167.5
Total revenues	1,040.5	904.9	876.6	856.8	864.8	846.1	869.7	865.0
Revenue growth	20.3%	7.0%	0.8%	-1.0%	2.9%	5.2%	8.9%	11.4%
Loss and loss adjustment expenses	646.1				524.9	494.2	473.7	505.3
Policy acquisition costs	194.8				173.4	169.8	162.2	160.9
Other underwriting costs	108.9				101.5	94.0	97.4	94.8
Other operating expenses	9.3	812.3	790.1	814.3	7.9	11.0	5.4	4.3
General and administrative		12.1	6.7	5.5			740.5
EBITDA					59.1	82.7	138.2	105.9
EBITDA margin	7.1%				6.8%	9.8%	15.9%	12.2%
Depreciation					9.2	12.8	14.4	13.3
EBIT	74.2	19.8	32.2	14.4	49.9	69.9	123.8	92.6
EBIT margin	7.1%	2.2%	3.7%	1.7%	5.8%	8.3%	14.2%	10.7%
Interest income, net [+]	14.5	0.0	0.0	0.0	14.5	14.3	14.4	14.5
Interest expense	7.3				7.3	7.2	7.2	7.2
Interest income	21.8				21.8	21.5	21.6	21.7
Pre-tax income	74.2	92.6	86.5	42.5	49.9	69.9	123.8	92.6
Income taxes	15.5	0.0	0.0	0.0	10.4	13.6	24.9	18.9
Tax rate	21.0%	0.0%	0.0%	0.0%	20.8%	19.4%	20.1%	20.4%
Net income	56.3	92.6	86.5	42.5	37.2	54.0	96.7	71.4
Net margin	5.4%	10.2%	9.9%	5.0%	4.3%	6.4%	11.1%	8.3%

Basic EPS	$0.93	$1.52	$1.42	$0.70	$0.62	$0.89	$1.61	$1.19
Diluted EPS	$0.92	$1.52	$1.42	$0.70	$0.61	$0.89	$1.59	$1.18

Shares outstanding (basic)	60.6	60.9	60.9	60.8	60.4	60.7	60.2	60.0
Shares outstanding (diluted)	60.9	60.9	60.9	60.8	60.8	60.7	60.7	60.5

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.