Selective Insurance Group Reports 10% Revenue Growth and 131% Increase in Net Income for Fiscal Year 2025

**Selective Insurance Group Reports Increased Revenue and Profitability in Fiscal Year 2025**

Selective Insurance Group, Inc., a New Jersey-based insurance holding company, has filed its 10-K report, revealing its financial performance for the fiscal year ended December 31, 2025. The company reported total revenues of $5.34 billion, an increase of 10% compared to $4.86 billion in 2024. Net income available to common stockholders reached $457.2 million, a substantial 131% increase from $197.8 million in the previous year. This translates to diluted net income per share of $7.49, compared to $3.23 in 2024. The company's combined ratio improved to 97.2% from 103.0% in the prior year, indicating enhanced underwriting profitability.

The company's growth was driven by several factors, including a 5% increase in net premiums written, which reached $4.87 billion. This growth was supported by renewal pure price increases of 9.5% and exposure growth on renewal policies. Net investment income after tax also played a significant role, increasing by 16% to $421.2 million. The company's strategic advantages, including its operating model, distribution model, technology tools, customer experience, and employee engagement, contributed to its competitive position in the property and casualty insurance market.

Operationally, Selective Insurance Group expanded its Standard Commercial Lines business into Kansas in 2025 and plans to enter Montana and Wyoming by the end of 2026, pending regulatory approvals. The company's digital strategy continued to evolve, with 59% of customers registered for the MySelective mobile application as of December 31, 2025. The company also implemented a new, modernized claims system for its commercial automobile, personal automobile, general liability, and commercial property lines of business. Employee headcount remained relatively stable at approximately 2,800, with a turnover rate of 12%.

Looking ahead, Selective Insurance Group anticipates a combined ratio between 96.5% and 97.5% for 2026, including 6 points for catastrophe losses. The company also projects after-tax net investment income of $465 million and an effective tax rate of 21.5%. The company expects weighted average shares of 61 million on a fully diluted basis. These forward-looking statements are based on current expectations and are subject to various risks and uncertainties, as detailed in the 10-K filing. The company remains focused on improving its fundamentals, diversifying revenue, and leveraging data analytics and technology to drive future success.