BRANCHVILLE, N.J. (AP) _ Selective Insurance Group Inc. (SIGI) on Thursday reported fourth-quarter profit of $127.1 million.

On a per-share basis, the Branchville, New Jersey-based company said it had profit of $2.10. Earnings, adjusted for investment gains, were $1.84 per share.

The insurance holding company posted revenue of $798.4 million in the period. Its adjusted revenue was $778.3 million.

For the year, the company reported profit of $246.4 million, or $4.09 per share. Revenue was reported as $2.93 billion.

Selective Insurance shares have climbed slightly since the beginning of the year. In the final minutes of trading on Thursday, shares hit $67.17, an increase of 1% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIGI at https://www.zacks.com/ap/SIGI

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News