Selective Insurance Earnings Reports

Selective Insurance delivered a strong first quarter, reporting $1.76 in EPS and net income of $107.6 million. The company improved its combined ratio and grew premiums across core segments, while investment income rose significantly year-over-year.

Selective Insurance Group, Inc. reported a decrease in net income per diluted common share to $1.52 and a non-GAAP operating income per diluted common share of $1.62 for Q4 2024. The combined ratio was 98.5%, impacted by unfavorable prior year casualty reserve development. Despite challenges, NPW increased by 10% driven by renewal pure price increases.

Selective Insurance Group reported a strong third quarter with net income per diluted common share at $1.47 and non-GAAP operating income per diluted common share at $1.40. The company faced elevated catastrophe losses, but underlying performance remained excellent due to disciplined underwriting and pricing.

Selective Insurance Group reported a challenging second quarter with a net loss of $1.08 per diluted common share and a non-GAAP operating loss of $1.10 per diluted common share. The combined ratio was 116.1%, significantly impacted by unfavorable prior year casualty reserve development and catastrophe losses. Despite these challenges, net premiums written increased by 13%, and after-tax net investment income rose by 11%.

Selective Insurance Group, Inc. reported a strong first quarter in 2024, with a 16% increase in net premiums written and after-tax net investment income up 17%. The combined ratio was 98.2%, impacted by prior year casualty reserve development and catastrophe losses. The company is focused on disciplined underwriting and profitable growth strategies.

Selective Insurance Group, Inc. reported a net income per diluted common share of $2.01 and a non-GAAP operating income per diluted common share of $1.94 for Q4 2023. The combined ratio was 93.7%, and net premiums written grew by 17%. The company achieved an operating ROE of 18.2%.

Selective Insurance Group, Inc. reported a strong third quarter with a non-GAAP operating ROE of 15.0%. Net premiums written increased by 17% and the combined ratio was 96.8%. The company is expanding its Commercial Lines footprint and remains focused on long-term, profitable growth.

Selective Insurance Group, Inc. reported a net income of $0.92 per diluted common share and a non-GAAP operating income of $0.99 per diluted common share for the second quarter ended June 30, 2023. The company experienced exceptional growth in net premiums written, which increased by 17% compared to the second quarter of 2022. However, the GAAP combined ratio was 100.2%, impacted by significant catastrophe losses.

Selective Insurance Group reported strong first quarter 2023 results, with net income per diluted common share of $1.48 and non-GAAP operating income per diluted common share of $1.44. The combined ratio was a profitable 95.7%, inclusive of 6.1 points of catastrophe losses. Net premiums written increased 12% year-over-year, driven by renewal pure price increases, solid retention, new business, and strong exposure growth.

Selective Insurance Group, Inc. reported a profitable fourth quarter with a combined ratio of 94.7%. Despite challenges like Winter Storm Elliott, the company achieved a non-GAAP operating ROE of 15.6%. NPW increased 14% year-over-year, driven by growth across all underwriting segments.

Selective Insurance Group reported a profitable third quarter with a combined ratio of 96.8%, driven by strong NPW growth across Standard Commercial Lines, Standard Personal Lines, and Excess & Surplus segments. The company effectively navigated through capital markets volatility and economic inflation, maintaining disciplined underwriting and risk-based pricing.

Selective Insurance Group, Inc. reported financial results for the second quarter ended June 30, 2022, with net income per diluted common share of $0.61 and non-GAAP operating income per diluted common share of $1.17. The second quarter combined ratio was a profitable 95.5%, with 5.5 points of catastrophe losses. NPW increased 12% from a year ago.

Selective Insurance Group reported strong Q1 2022 results, including net income of $0.89 per diluted common share and non-GAAP operating income of $1.41 per diluted common share. The company's net premiums written increased by 11%, and the combined ratio was a profitable 93.1%.

Selective Insurance Group reported strong fourth quarter 2021 results, including a net income of $1.59 per diluted common share and non-GAAP operating income of $1.56 per diluted common share. The combined ratio was a profitable 93.1%, and net premiums written increased 9% from a year ago.

Selective Insurance Group, Inc. reported a solid third quarter with a net income per diluted common share of $1.18 and a non-GAAP operating income per diluted common share of $1.18. The combined ratio was a profitable 98.6%, despite $76 million in net catastrophe losses. Overall net premiums written increased by 13% year-over-year.

Selective Insurance Group reported excellent second quarter results with a net income of $1.98 per diluted common share and a non-GAAP operating income of $1.85 per diluted common share. The company's combined ratio was a solid 89.8%, with all insurance segments delivering profitable results. Overall NPW increased 15% from a year ago, driven by strong new business growth, renewal pure price increases, and continued solid retention.

Selective Insurance Group reported excellent first-quarter results with a net income of $1.77 per diluted common share and a non-GAAP operating income of $1.70 per diluted common share. The company's performance was driven by disciplined and profitable growth, a strong non-GAAP operating ROE of 16.2%, and an impressive combined ratio of 89.3%. Commercial lines NPW increased 28% year-over-year, and each segment generated profitable results.

Selective Insurance Group reported excellent financial results for Q4 2020, including an 18.0% non-GAAP operating ROE and an 88.1% combined ratio. Strong commercial lines NPW growth of 10% was driven by renewal pure price increases, solid retention, and new business growth.

Selective Insurance Group reported strong third-quarter results with net income per diluted share of $1.16 and non-GAAP operating income per diluted share of $1.06. The company achieved a 97.0% combined ratio despite significant catastrophe losses. Net premiums written grew by 6%, and investment income increased by 22%.

Selective Insurance Group reported a decrease in net income per diluted share to $0.57 and non-GAAP operating income per diluted share to $0.40 for the second quarter ended June 30, 2020. The results were impacted by elevated catastrophe losses and a decline in alternative investment income, but the underlying profitability remained excellent with a combined ratio of 98.4%.

Selective Insurance Group reported a decrease in net premiums written by 4% compared to Q1 2019, driven by declines in both Commercial Lines and Personal Lines, and a GAAP combined ratio of 96.7%. Net income per diluted share was $0.25, and non-GAAP operating income per diluted share was $0.84.

Selective Insurance Group reported record financial results for Q4 2019, with net income per diluted share of $1.36 and non-GAAP operating income per diluted share of $1.37. Net premiums written increased by 8%, and the GAAP combined ratio was 91.8%.