Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of third-party bodily injury and/or property damage from an insured's negligent acts, omissions, and legal liabilities; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products. The company also invests in fixed income investments and commercial mortgage loans, as well as equity securities, short-term investments, and alternative investments, and other investments. It offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $5.3B | - | $466M | $1.2B | 13.7% | 9.8% | 125.3% |
| 2024 | $4.9B | - | $207M | $1.1B | 7.1% | 14.9% | -43.3% |
| 2023 | $4.2B | - | $365M | $736M | 13.3% | 18.9% | 62.4% |
| 2022 | $3.6B | - | $225M | $776M | 9.7% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 3,558.18 | 4,232.28 | 4,861.45 | 5,337.09 |
| Operating Revenue | - | 3,558.18 | 4,232.28 | 4,861.45 | 5,337.09 |
| Selling General And Administration | 28.30 | 31.12 | - | - | - |
| Total Expenses | - | 3,277.99 | 3,773.87 | 4,603.41 | 4,747.49 |
| EBIT | - | 309.03 | 487.21 | 286.91 | 638.92 |
| Interest Expense | - | 28.85 | 28.80 | 28.88 | 49.32 |
| Net Interest Income | - | -28.85 | -28.80 | -28.88 | -49.32 |
| Other Income Expense | - | 11.34 | 19.40 | 31.12 | 29.25 |
| Interest Expense Non Operating | - | 28.85 | 28.80 | 28.88 | 49.32 |
| Net Non Operating Interest Income Expense | - | -28.85 | -28.80 | -28.88 | -49.32 |
| Pretax Income | - | 280.19 | 458.41 | 258.03 | 589.60 |
| Tax Provision | - | 55.30 | 93.17 | 51.02 | 123.19 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 224.89 | 365.24 | 207.01 | 466.41 |
| Net Income From Continuing And Discontinued Operation | - | 224.89 | 365.24 | 207.01 | 466.41 |
| Net Income From Continuing Operation Net Minority Interest | - | 224.89 | 365.24 | 207.01 | 466.41 |
| Net Income | - | 224.89 | 365.24 | 207.01 | 466.41 |
| Net Income Common Stockholders | - | 215.69 | 356.04 | 197.81 | 457.21 |
| Net Income Including Noncontrolling Interests | - | 224.89 | 365.24 | 207.01 | 466.41 |
| Normalized Income | - | 224.89 | 365.24 | 207.01 | 466.41 |
| Diluted NI Availto Com Stockholders | - | 215.69 | 356.04 | 197.81 | 457.21 |
| Basic Average Shares | - | 60.34 | 60.64 | 60.85 | 60.08 |
| Diluted Average Shares | - | 60.90 | 61 | 61.30 | 61.10 |
| Reconciled Depreciation | - | 42.34 | 30.04 | 34.80 | 32.67 |
| Preferred Stock Dividends | - | 9.20 | 9.20 | 9.20 | 9.20 |
| General And Administrative Expense | 28.30 | 31.12 | - | - | - |
| Other Gand A | 28.30 | 31.12 | - | - | - |
| Other Operating Expenses | - | 31.23 | 30.86 | 34.38 | 36.61 |
| Loss Adjustment Expense | - | 2,512.09 | 2,918.03 | 3,617.72 | 3,659.18 |
| Net Policyholder Benefits And Claims | - | 2,512.09 | 2,918.03 | 3,617.72 | 3,659.18 |
| Policyholder Benefits Gross | - | 2,961.11 | 3,191.62 | 4,384.24 | 4,092.38 |
| Policyholder Benefits Ceded | - | 449.02 | 273.60 | 766.52 | 433.19 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Selective Insurance Group, Inc.this co. | SIGI | $5.1B | 11.04 | 1.51 | 13.7% | - |
| Hancock Whitney Corporation | HWC | $5.6B | 11.55 | 1.26 | 10.9% | - |
| Home BancShares, Inc. | HOMB | $5.4B | 11.37 | 1.26 | 11.1% | - |
| Essent Group Ltd. | ESNT | $5.3B | 7.64 | 0.92 | 12.0% | - |
| Associated Banc-Corp | ASB | $5.2B |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 11.04 |
| 1.10 |
| 9.9% |
| - |
| Nelnet, Inc. | NNI | $4.7B | 11.06 | 1.26 | 11.4% | - |
| First Financial Bankshares, Inc. | FFIN | $4.6B | 18.28 | 2.42 | 13.2% | - |
| International Bancshares Corporation | IBOC | $4.5B | 11.00 | 1.39 | 12.7% | - |
| Texas Capital Bancshares, Inc. | TCBI | $4.5B | 13.53 | 1.34 | 9.9% | - |
| Peer Median | - | 11.21 | 1.26 | 11.2% | - | |