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SIGI

Selective Insurance Group, Inc.

SIGI

Selective Insurance Group, Inc. • NASDAQ
$78.56 ▼ -1.08% (-0.86)
Market Cap $4.78 B
52w High $101.93
52w Low $71.75
Dividend Yield 1.72%
P/E 12.1
Volume 158.09K
Outstanding Shares 60.79M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.36B ▲ $17.698M ▼ $115.34M ▲ 8.48% ▲ $1.84 ▲ $166.936M ▲
Q2-2025 $1.327B ▲ $20.927M ▼ $85.943M ▼ 6.477% ▼ $1.37 ▼ $128.763M ▼
Q1-2025 $1.285B ▲ $27.671M ▼ $109.896M ▲ 8.551% ▲ $1.77 ▲ $157.59M ▲
Q4-2024 $1.256B ▲ $1.137B ▲ $95.535M ▲ 7.604% ▲ $1.53 ▲ $133.896M ▲
Q3-2024 $1.244B $11.914M $92.278M 7.416% $1.48 $132.05M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.149B ▼ $14.98B ▲ $11.49B ▲ $3.49B ▲
Q2-2025 $8.877B ▲ $14.468B ▲ $11.099B ▲ $3.369B ▲
Q1-2025 $8.605B ▲ $14.198B ▲ $10.939B ▲ $3.259B ▲
Q4-2024 $1.104B ▼ $13.514B ▲ $10.394B ▲ $3.12B ▼
Q3-2024 $1.186B $13.473B $10.305B $3.168B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $115.34M ▲ $405.832M ▲ $-358.581M ▼ $-61.33M ▼ $-14.079M ▲ $397.33M ▲
Q2-2025 $85.943M ▼ $166.945M ▼ $-214.586M ▲ $-22.418M ▼ $-70.059M ▼ $159.698M ▼
Q1-2025 $109.896M ▲ $283.987M ▼ $-584.902M ▼ $346.185M ▲ $45.27M ▼ $270.974M ▼
Q4-2024 $95.535M ▲ $332.185M ▼ $-260.08M ▲ $-21.745M ▲ $50.36M ▲ $324.712M ▼
Q3-2024 $92.278M $387.367M $-354.021M $-31.59M $1.756M $377.962M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
ES Lines
ES Lines
 $140.00M ▲$140.00M ▲$150.00M ▲$160.00M ▲
Investment Segment
Investment Segment
 $0 ▲$120.00M ▲$130.00M ▲$150.00M ▲
Standard Commercial Lines
Standard Commercial Lines
 $890.00M ▲$920.00M ▲$940.00M ▲$960.00M ▲
Standard Personal Lines
Standard Personal Lines
 $110.00M ▲$100.00M ▼$100.00M ▲$100.00M ▲
Total Insurance Operations
Total Insurance Operations
 $0 ▲$1.16Bn ▲$1.19Bn ▲$1.21Bn ▲

Five-Year Company Overview

Income Statement

Income Statement Selective Insurance has grown its revenue steadily over the past five years, showing a healthy ability to win and retain business. Profitability, however, has been more uneven, which is typical for a property & casualty insurer that faces weather events, catastrophe losses, and investment market swings. Earnings were strong in some years and weaker in others, with the most recent year coming in below prior peaks. Overall, the business appears solidly profitable over the cycle, but investors should recognize that year‑to‑year results can move around as claims experience and markets change.

Balance Sheet

Balance Sheet The balance sheet looks conservative and resilient. Total assets have increased consistently, reflecting growth in the insurance portfolio and investment holdings. Debt levels are modest relative to the size of the balance sheet, suggesting limited financial leverage and room to absorb shocks. Shareholders’ equity has generally trended upward, with a temporary dip likely tied to market-driven changes in the value of investments. For an insurer, this pattern points to sound capital strength and prudent risk management rather than an aggressive, highly leveraged stance.

Cash Flow

Cash Flow Cash generation is a key strength. Operating cash flow has improved over time and remained positive even in years when reported earnings were softer. Free cash flow is close to operating cash flow because the company requires relatively low capital spending to run and upgrade its operations. This combination—steady inflows from underwriting and investments, plus light capital needs—gives Selective flexibility to fund growth initiatives, support shareholder returns, and maintain a strong capital base without stretching its finances.

Competitive Edge

Competitive Edge Selective occupies a focused, differentiated position in the property & casualty market. Its "high-tech, high-touch" model blends advanced analytics and digital tools with strong, local relationships through independent agents and field underwriters. This structure can produce better risk selection and tighter ties with distribution partners than a purely centralized or purely online competitor. The company’s reputation for disciplined underwriting and strong financial strength ratings further supports its standing with agents and customers. Competition remains intense across the industry, but Selective’s niche focus, agent loyalty, and specialized expertise give it a durable edge that is not trivial for rivals to replicate.

Innovation and R&D

Innovation and R&D Innovation at Selective is more about applied technology and process improvement than about traditional lab-style R&D. The company has invested heavily in proprietary underwriting systems, data analytics, and AI to sharpen pricing and claims handling. Its LAUNCH Innovation Lab formalizes this effort, encouraging structured experimentation and new product ideas. Partnerships with insurtech firms—such as digital claims payments and smart-home or leak-detection devices—aim to reduce losses and improve customer experience. Ongoing modernization of core systems and expansion of self-service digital tools signal a clear commitment to staying technologically current, though execution risk and the speed of industry-wide innovation remain important variables to watch.

Summary

Overall, Selective Insurance combines steady business growth with a cautious balance sheet and strong cash generation, which is a healthy mix for a property & casualty insurer. Its results show the usual earnings bumps that come from catastrophe exposure and investment market volatility, but performance over several years points to a durable, profitable franchise rather than a fragile one. Strategically, the company leans on close independent-agent relationships, local underwriting expertise, and a growing suite of digital and data capabilities to differentiate itself in a crowded market. Future outcomes will depend heavily on how well it navigates insurance pricing cycles, manages catastrophe and climate-related risks, and continues to execute on technology upgrades and insurtech partnerships while maintaining its underwriting discipline.

NEWS

November 11, 2025 · 4:15 PM UTC

Selective Insurance Announces Vincent Senia's Retirement as Executive Vice President & Chief Actuary

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November 3, 2025 · 10:00 AM UTC

Selective Appoints Julie Parsons as Independent Director

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October 22, 2025 · 4:15 PM UTC

Selective Reports Third Quarter 2025 Results

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October 13, 2025 · 4:15 PM UTC

Selective Insurance Schedules Earnings Release and Conference Call to Announce Third Quarter 2025 Results

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