Selective (SIGI) Q4 2024 Earnings Report Highlights Challenges and Growth
Selective (SIGI) reported Q4 2024 earnings with a decline in operating return on equity and increased casualty reserving actions due to social inflation. Despite a 12% increase in net premiums written, the company faces profitability pressures with a GAAP combined ratio of 103% and an expected higher expense ratio in 2025.
Tickers: $SIGI
Topics: combined ratio earnings call financial performance insurance industry operating return on equity reserve actions