Selective Insurance Group's ROE Falls Short of Industry Average, Earnings Growth Suffers

Selective Insurance Group's (NASDAQ:SIGI) mixed financials have led to negative sentiment, with its stock down 3.4% over the past month. ROE is a key metric to consider, measuring profitability in relation to shareholder equity. The company's ROE of 7.2% is lower than the industry average of 13%, which may be contributing to its declining net income. The significant decline in net income by 2.2% over the last five years is not surprising, given the company's high payout ratio and competitive pressures.