Selective Insurance Q3 2025 Earnings Report Highlights Operating ROE and Reserve Development
Selective Insurance (SIGI) reported an operating return on equity of 13.2% in Q3 2025, driven by strong investment income. However, the company's combined ratio guidance of 97% to 98% exceeds its long-term target of 95%, prompting a focus on profit improvement and moderating premium growth. The company also noted $40 million in unfavorable prior year casualty reserve development, primarily from New Jersey.
Tickers: $SIGI
Topics: Earnings Insurance Operating Return on Equity Profit Improvement Reserve Development