earnings
confidence high
sentiment negative
materiality 0.80
Selective Q2 EPS $1.36; combined ratio 100.2%; raises FY combined ratio guidance by 1 pt
SELECTIVE INSURANCE GROUP INC
2025-Q2 EPS reported
$3.12
revenue$2,611,931,000
- Net income $83.6M ($1.36 diluted EPS); non-GAAP operating income $80.3M ($1.31 per share).
- GAAP combined ratio 100.2% vs. 116.1% YoY; unfavorable prior year casualty reserve development 3.8 pts ($45M).
- Net premiums written up 5% to $1.29B; renewal pure price +9.9% overall, +8.9% in commercial lines.
- Updated FY2025 guidance: combined ratio 97%-98% (from 96%-97%); net investment income now $415M (from $405M).
- Book value per share $52.09 (+9% YTD); quarterly dividend $0.38 payable Sep 2, 2025.
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