Selective Insurance Group Inc
12 nominees · 3 ballot items.
Elect 12 directors for one-year terms; approve, on an advisory basis, the 2025 compensation of the named executive officers (say-on-pay); and ratify KPMG LLP as Selective’s independent registered public accounting firm for fiscal 2026.
Follow how the vote landed and what changed on Selective Insurance Group Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElect 12 director nominees named in the proxy to serve one-year terms expiring in 2027.
- 2
Approval, on an advisory basis, of the 2025 compensation of our named executive officers
ManagementBoard: FORNon-binding advisory (say-on-pay) vote to approve the 2025 compensation of Selective’s named executive officers as disclosed in the proxy statement.
More detail
This non-binding advisory proposal asks stockholders to approve the company’s disclosed 2025 compensation for its named executive officers (NEOs). Management is seeking this advisory approval to confirm stockholder support for its pay practices and to continue aligning NEO incentives with company performance through a mix of base salary, an annual cash incentive program tied to GAAP combined ratio and strategic measures, and long-term performance-based restricted stock units and cash incentive units. The Compensation and Human Capital Committee (CHCC) used benchmarking, a compensation consultant, and performance results—including a materially improved GAAP combined ratio (97.2%) and non-GAAP operating ROE—to set 2025 pay outcomes, and the CHCC emphasizes pay-for-performance features such as multi-year LTIP metrics and clawback provisions. The vote is advisory, so while not legally binding, the Board and CHCC state they will consider the outcome when making future compensation decisions; the proxy notes prior strong stockholder support (over 97% in 2025). Key governance context includes robust oversight by an independent CHCC, use of a compensation consultant, stock ownership and retention requirements for executives, and a recoupment (clawback) policy aligned with SEC and Nasdaq rules. The primary investor-facing risk is that approval signals endorsement of current pay design despite recent negative TSR, while rejection could prompt management to engage with investors and potentially adjust plan design, metrics, or disclosures. Given the CHCC’s argument that compensation is tied to underwriting and investment metrics and long-term retention, management frames a FOR vote as supporting alignment of executive incentives with long-term stockholder value creation. The Board recommends FOR, citing demonstrated improvement in corporate performance metrics and extensive disclosure and oversight intended to mitigate misalignment and excessive risk-taking.
- 3
Ratification of Appointment of Independent Registered Public Accounting Firm
ManagementBoard: FORRatify the Audit Committee and Board’s appointment of KPMG LLP as Selective’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Nominees on the ballot12
Top institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 7.8% | 4,689,335 | $354M |
| 2 | AQR CAPITAL MANAGEMENT LLC | 6.6% | 3,922,958 | $296M |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.8% | 3,459,250 | $261M |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 4.5% | 2,682,461 | $202M |
| 5 | STATE STREET CORP | 3.9% | 2,326,280 | $175M |
| 6 | BlackRock, Inc. | 3.3% | 2,003,995 | $151M |
| 7 | FMR LLC | 3.0% | 1,823,235 | $137M |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 2.4% | 1,432,430 | $108M |
| 9 | FIRST TRUST ADVISORS LP | 2.3% | 1,381,867 | $104M |
| 10 | AMERICAN CENTURY COMPANIES INC | 2.1% | 1,267,272 | $96M |
Other Financial Services sector meetings6
Upcoming shareholder meetings at Selective Insurance Group Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Frequently asked questions
- When is the Selective Insurance Group Inc 2026 annual meeting?
- Selective Insurance Group Inc (SIGI) holds its 2026 annual shareholder meeting on Wednesday, April 29, 2026.
- What is the record date for the Selective Insurance Group Inc 2026 meeting?
- The record date for the Selective Insurance Group Inc 2026 meeting is Friday, March 6, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Selective Insurance Group Inc's 2026 meeting?
- The board is presenting 12 director nominees at the Selective Insurance Group Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Selective Insurance Group Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Selective Insurance Group Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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