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Selective Insurance Group, Inc.

$84.63Last updated
-$0.45 (0.53%)Past day
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Selective Insurance Group, Inc. (NASDAQ: SIGI) is trading at $84.63, about ₹8,130 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.53% today. Indian residents can buy Selective Insurance from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$84.53
Previous close:$85.08
Volume:439.54K

Today's low

$83.98

Today's high

$85.58

52 week low

$72.78

52 week high

$100.40

SIGI opened at $84.53, closed previously at $85.08, and has traded between $72.78 and $100.40 over the past 52 weeks.

About

Selective Insurance Group, Inc. (SIGI) is a U.S.-based company that delivers a wide array of insurance products and services. Its business operations are structured across four primary divisions: Standard Commercial Lines, Standard Personal Lines, Excess & Surplus Lines (E&S), and Investments. The company's insurance offerings include comprehensive property coverage, safeguarding clients from financial repercussions due to accidental damage to real estate, personal possessions, or the resulting loss of earnings. It also provides casualty insurance, which addresses financial liabilities stemming from employee work-related injuries and third-party bodily harm or property damage. Additionally, flood insurance is a key component of its product suite. Beyond its core underwriting activities, Selective actively manages a diverse investment portfolio. This includes allocating capital to fixed income securities, commercial mortgage loans, equity holdings, and various alternative investments. Selective's insurance solutions are made available to a broad clientele, including corporations, non-profit organizations, local government entities, and private individuals. These products and services are distributed through a network of independent retail agents and wholesale general agents. Established in 1926, Selective Insurance Group, Inc. maintains its headquarters in Branchville, New Jersey.

Country
US
CEO
John Joseph Marchioni
Exchange listed on
NASDAQ
Industry
Insurance - Property & Casualty
Base currency
USD
Full Time Employees
2,800
Sector
Financial Services
IPO date
17/03/1980

Key statistics

Avg. volume

526.97K

Market cap

$5.04B

P/E Ratio

10.50

Price-to-sales ratio

0.92

Enterprise value

$6.10B

Free cash flow yield

23.36%

Debt-to-equity ratio

0.25

Return on equity

12.92%

ROIC

4.00%

Beta

0.28

Dividend yield

2.03%

Last dividend

$1.72

Financial overview

Revenue

$5.34B

Earnings per share

$7.48

Free cash flow

$1.19B

Net profit margin

9.11%

Gross margin

48.23%

EBITDA

$671.59M

Revenue growth

9.78%

Similar securities

This is not an investment recommendation

How to buy Selective Insurance from India

Indian residents can buy Selective Insurance shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Selective Insurance and place an order

    Find Selective Insurance by name or by its ticker, SIGI, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Selective Insurance trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Selective Insurance position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in Selective Insurance from India

Trading and taxes when buying Selective Insurance from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Selective Insurance’s current yield is 2.03%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Selective Insurance stock?

Yes. Selective Insurance (SIGI) has been listed on NASDAQ since 1980, in the Insurance - Property & Casualty industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Selective Insurance share cost in rupees?

One Selective Insurance share is $84.63 — about ₹8,130 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Selective Insurance price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Selective Insurance from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Selective Insurance?

Yes. One Selective Insurance share is $84.63, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Selective Insurance.

How are gains on Selective Insurance shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Selective Insurance price. Paasa issues a capital-gains statement for your return.

Does Selective Insurance pay a dividend, and how is it taxed in India?

Yes. Selective Insurance pays a dividend and the current yield is 2.03%; the last declared dividend was $1.72 per share, about ₹165.22. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Selective Insurance from India?

NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Selective Insurance shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Selective Insurance shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Selective Insurance holding, its cost and its closing value.

How do I sell Selective Insurance and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.