EXHIBIT 11

SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
Three months ended March 31, 2008 and 2007

2008	Income		Shares		Per Share
($ in thousands, except per share amounts)	(Numerator)		(Denominator)		Amount
Basic EPS:
Net income available to common stockholders	$	20,503		52,675	$	0.39
Effect of dilutive securities:
Restricted stock		—		699
Stock options		—		322
Deferred shares		—		186
Diluted EPS:
Net income available to common stockholders	$	20,503		53,882	$	0.38

2007	Income		Shares		Per Share
($ in thousands, except per share amounts)	(Numerator)		(Denominator)		Amount
Basic EPS:
Net income available to common stockholders	$	37,252		54,550	$	0.68
Effect of dilutive securities:
Restricted stock		—		1,104
Convertible debt		406		4,109
Stock options		—		431
Deferred shares		—		178
Diluted EPS:
Net income available to common stockholders and assumed conversions	$	37,658		60,372	$	0.62