UPDATE 1-Selective Insurance sees $24 mln Q1 catastrophe losses

* Says Q1 catastrophe losses at $0.38/shr, after tax

* Says major storms in Feb, March were the primary events

April 14 (BestGrowthStock) – Selective Insurance Group Inc (SIGI.O: )
said it expects pretax catastrophe losses of about $24 million
for the first quarter.

The losses total 38 cents a share, after tax, the company
said.

Selective Insurance said major storms in February and March
were the primary causes for these losses.

For more details on loss estimates of property and casualty
insurers, please click [ID:nSGE62F0GL]

Shares of the company closed at $17.20 Wednesday on
Nasdaq.

Investing Analysis
(Reporting by Abhinav Sharma in Bangalore; Editing by Ratul
Ray Chaudhuri)

UPDATE 1-Selective Insurance sees $24 mln Q1 catastrophe losses