Selective Insurance Group (Selective Insurance Group) Tax Rate % : 19.55% (As of Mar. 2024)

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What is Selective Insurance Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Selective Insurance Group's Tax Expense for the three months ended in Mar. 2024 was $20.05 Mil. Selective Insurance Group's Pre-Tax Income for the three months ended in Mar. 2024 was $102.57 Mil. Therefore, Selective Insurance Group's Tax Rate % for the quarter that ended in Mar. 2024 was 19.55%.

Selective Insurance Group Tax Rate % Historical Data

The historical data trend for Selective Insurance Group's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Selective Insurance Group Tax Rate % Chart

Selective Insurance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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19.25

18.69

20.08

19.74

20.33

Selective Insurance Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															19.33	20.97	20.72	20.47	19.55

Selective Insurance Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Selective Insurance Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	93.174	/	458.412
	=	20.33 %

Selective Insurance Group's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	20.048	/	102.566
	=	19.55 %

Selective Insurance Group Tax Rate % Related Terms

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Selective Insurance Group (Selective Insurance Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Selective Insurance Group Inc (NYSE:SGZ) » Definitions » Tax Rate %

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Address

40 Wantage Avenue, Branchville, NJ, USA, 07890

Website

https://www.selective.com

Selective Insurance Group Inc is a regional property-casualty insurer based in New Jersey, with its operations focused in the New York metropolitan area. Since 1977, Selective has focused its sales efforts on small businesses, offering commercial products that include workers' compensation, general liability, property, and auto insurance. Selective also has a small personal insurance segment (under 20% of total premiums), selling auto and homeowner's coverage.