Earnings summaries and quarterly performance for SELECTIVE INSURANCE GROUP.
Executive leadership at SELECTIVE INSURANCE GROUP.
John J. Marchioni
Detailed
Chairman, President and Chief Executive Officer
CEO
AD
Anthony D. Harnett
Detailed
Senior Vice President, Chief Accounting Officer
BM
Brenda M. Hall
Detailed
Executive Vice President, Chief Operating Officer, Standard Lines
JF
Jeffrey F. Kamrowski
Detailed
Executive Vice President, MUSIC
JO
Joseph O. Eppers
Detailed
Executive Vice President, Chief Investment Officer
MH
Michael H. Lanza
Detailed
Executive Vice President, General Counsel and Chief Compliance Officer
PS
Patrick S. Brennan
Detailed
Executive Vice President, Chief Financial Officer
PK
Paul Kush
Detailed
Executive Vice President, Chief Claims Officer
VM
Vincent M. Senia
Detailed
Executive Vice President, Chief Actuary
Board of directors at SELECTIVE INSURANCE GROUP.
AD
Ainar D. Aijala, Jr.
Detailed
Director
CS
Cynthia S. Nicholson
Detailed
Director
HE
H. Elizabeth Mitchell
Detailed
Director
JS
John S. Scheid
Detailed
Director
JP
Julie Parsons
Detailed
Director
KE
Kate E. R. Sampson
Detailed
Director
LR
Lisa Rojas Bacus
Detailed
Director
RK
Robert Kelly Doherty
Detailed
Lead Independent Director
SC
Stephen C. Mills
Detailed
Director
TW
Terrence W. Cavanaugh
Detailed
Director
TA
Thomas A. McCarthy
Detailed
Director
Research analysts who have asked questions during SELECTIVE INSURANCE GROUP earnings calls.
JP
Jon Paul Newsome
Piper Sandler & Co.
6 questions for SIGI
Also covers: AFG, AIG, AON +15 more
Michael Phillips
Oppenheimer & Co. Inc.
6 questions for SIGI
Also covers: ACIC, AII, CINF +10 more
Michael Zaremski
BMO Capital Markets
5 questions for SIGI
Also covers: ACGL, AFG, AIG +25 more
Meyer Shields
Keefe, Bruyette & Woods
4 questions for SIGI
Also covers: ACGL, AFG, AIG +24 more
Grace Carter
BofA Securities
3 questions for SIGI
Also covers: AJG, AON, BRO +3 more
SH
Scott Heleniak
RBC Capital Markets
3 questions for SIGI
Also covers: BOW, BRO, FRFHF +8 more
Matthew Carletti
Citizens JMP Securities
2 questions for SIGI
Also covers: AII, AMSF, BOW +12 more
JL
Jing Li
Keefe, Bruyette & Woods (KBW)
1 question for SIGI
Also covers: AFG, AJG, ALL +2 more
MZ
Michael Zurinsky
BMO Capital Markets
1 question for SIGI
Recent press releases and 8-K filings for SIGI.
Selective Insurance Discusses Reserving Actions, Financial Outlook, and Strategic Diversification
SIGI
Guidance Update
Share Buyback
Dividends
- Selective Insurance has undertaken significant reserving actions in the last two years, primarily for General Liability (2024) and Commercial Auto Liability (2025), to address emerging trends such as social inflation and lawsuit abuse. The company notes that all-in severity trends in casualty lines (excluding workers' comp) are around 9-10% and are considered persistent.
- The company reported a 14.2-point operating ROE in the past year and aims for a long-term 95% combined ratio. For 2026, guidance indicates a 120 to 130 basis points improvement in the loss ratio, driven by 200 basis points of rate over trend and mix improvement.
- Selective Insurance returned approximately $100 million to shareholders in 2025 through dividends and share repurchases, and has continued share repurchases into 2026. The company targets returning 20%-25% of earnings through dividends long-term.
- The company is actively diversifying its portfolio through geographic expansion (from 22 to 36 states, targeting 40) and segment growth, including its Excess & Surplus (E&S) business, which now accounts for 13% of its operations, and a pivot to the mass affluent personal lines market.
Feb 10, 2026, 4:20 PM
Selective Insurance Group Addresses Reserving Challenges and Diversification Efforts
SIGI
Guidance Update
Share Buyback
New Projects/Investments
- Selective Insurance Group boasts a strong long-term track record, celebrating its 100th anniversary in 2026 and averaging over 12% ROE for more than a decade, with a 14.2-point operating ROE in the past year.
- The company undertook significant reserving actions in 2024 for General Liability and 2025 for Commercial Auto, primarily driven by increasing severity trends and social inflation, particularly in states like New Jersey. The goal is to maintain reserve stability by booking the best estimate quarterly.
- Selective is actively pursuing diversification by expanding its geographic footprint from 22 to 36 states (soon 40), growing its Excess and Surplus (E&S) business to 13% of total business, and shifting its personal lines focus to the mass affluent market.
- The company is focused on improving its combined ratio, reporting a 91.8% underlying accident year combined ratio in 2025 and providing 2026 guidance of 90.5%-91.5% ex-cat. They have achieved approximately 200 basis points of rate over trend in the last two years.
- Selective has been active in capital return, repurchasing shares in 2025 and early 2026, and returning approximately $100 million to shareholders through dividends and share repurchases in 2025.
Feb 10, 2026, 4:20 PM
Selective Insurance Group Discusses Reserving Actions, Strategic Diversification, and Capital Management
SIGI
Guidance Update
Share Buyback
New Projects/Investments
- Selective Insurance Group has undertaken reserving actions in the past two years, specifically for General Liability (2024) and Commercial Auto Liability (2025), to address elevated severity trends in casualty lines, which are currently around 10% (excluding workers' comp).
- The company boasts a long-term average ROE of over 12% and achieved a 14.2-point operating ROE in the past year, demonstrating consistent performance despite recent challenges.
- Selective is focused on strategic diversification, expanding its geographic footprint, growing its Excess and Surplus (E&S) business to 13% of its portfolio, and pivoting its Personal Lines to the mass affluent market.
- For 2026, the company's guidance anticipates a 120-130 basis points loss ratio improvement, aiming for an underlying ex-cat combined ratio of 90.5-91.5% (midpoint 91%) through rate increases and mix improvement.
- In 2025 and early 2026, Selective was active in share repurchases, returning approximately $100 million to shareholders last year via dividends and buybacks, with a long-term dividend target of 20-25% of earnings.
Feb 10, 2026, 4:20 PM
Selective Insurance Group Reports Strong Q4 and Full Year 2025 Results, Provides 2026 Guidance
SIGI
Earnings
Guidance Update
Share Buyback
- Selective Insurance Group reported strong financial results for Q4 and full year 2025, with Q4 2025 net income per diluted common share of $2.52 and non-GAAP operating income per diluted common share of $2.57.
- The GAAP combined ratio improved to 93.8% in Q4 2025 and was 97.2% for the full year 2025. Net premiums written (NPW) grew 4% in Q4 2025 and 5% for the full year 2025.
- The company achieved a full year 2025 non-GAAP operating ROE of 14.2% and an 18% increase in book value per share in 2025. Selective returned $182 million to common stockholders in 2025.
- For 2026, the company provided guidance including a GAAP combined ratio of 96.5% to 97.5% and after-tax net investment income of $465 million.
Jan 29, 2026, 9:21 PM
Selective Reports Fourth Quarter and Full-Year 2025 Results and Provides 2026 Guidance
SIGI
Earnings
Guidance Update
Share Buyback
- Selective reported net income per diluted common share of $2.52 and non-GAAP operating income per diluted common share of $2.57 for the fourth quarter ended December 31, 2025, with a GAAP combined ratio of 93.8%.
- For the full year 2025, net income per diluted common share was $7.49 and non-GAAP operating income per diluted common share was $7.38, achieving a combined ratio of 97.2%.
- The company delivered a non-GAAP operating Return on Common Equity (ROE) of 18.7% in Q4 2025 and 14.2% for the full year 2025.
- Net premiums written (NPW) increased 4% in Q4 2025 and 5% for the full year 2025. After-tax net investment income grew 17% to $114 million in Q4 2025 and 16% to $421.2 million for the full year 2025.
- Book value per common share increased 18% to $56.74 during 2025, and Selective returned $182 million to common stockholders through dividends and share repurchases. For 2026, the company expects a GAAP combined ratio of 96.5% to 97.5% and after-tax net investment income of $465 million.
Jan 29, 2026, 9:15 PM
Selective Insurance Group Reports Q3 2025 Results, Increases Dividend, and Authorizes Share Repurchase Program
SIGI
Earnings
Dividends
Share Buyback
- Selective Insurance Group reported net income per diluted common share of $1.85 and non-GAAP operating income per diluted common share of $1.75 for the third quarter of 2025.
- Net premiums written increased 4% from the third quarter of 2024, and the GAAP combined ratio was 98.6%, an improvement from 99.5% in the prior year quarter.
- After-tax net investment income grew 18% to $110 million in the third quarter of 2025.
- The company announced a 13% increase in its quarterly dividend to $0.43 per common share and authorized a new $200 million share repurchase program.
- Full-year 2025 guidance includes a GAAP combined ratio outlook of 97% to 98% and an updated after-tax net investment income of $420 million.
Oct 22, 2025, 8:15 PM
Quarterly earnings call transcripts for SELECTIVE INSURANCE GROUP.
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