Selective Insurance Group, Inc. (NASDAQ: SIGI) closed at $81.89 on Thursday, rising 3.33% from the previous close after the company reported its fourth‑quarter results. The stock moved higher during the session following the release of quarterly financial statements and updated full‑year figures.
Market capitalization
The insurer had a market capitalization of USD 4.87 billion based on the closing price.
Latest quarterly results (Q4 FY25)
For the quarter ended December 31, 2025, Selective Insurance Group reported consolidated total revenues of $1,364.9 million, compared with $1,252.1 million a year earlier. Net income available to common stockholders for the quarter was $152.9 million, up from $93.4 million in the same period last year. Diluted earnings per common share were $2.52. On a year‑over‑year basis, quarterly revenues increased by about 9%, while net income rose approximately 64%. Net premiums written during the quarter totaled $1,129.5 million, representing a 4% increase from Q4 2024. The consolidated combined ratio for the quarter was reported at 93.8%.
Financial trends
Chart 1 — Operating Performance: Quarterly total revenues (USD millions).
Chart 2 — Market Performance: 1‑month stock price trend (USD).
Full-year results context
For the full year ended December 31, 2025, the company reported total revenues of $5,336.9 million, compared with $4,861.7 million in 2024. Net income available to common stockholders for the year amounted to $457.2 million, versus $197.8 million in the prior year. The full‑year combined ratio improved to 97.2%, compared with 103.0% in 2024. On an annual basis, revenue and profitability both increased year over year.
Business & operations update
During the quarter, Selective continued underwriting and pricing actions across its operating segments. Average renewal pure price increases were reported at 8.3% for the quarter and 9.5% for the full year. In the Standard Commercial Lines segment, net premiums written in Q4 2025 were $875.6 million, representing year‑over‑year growth of 5%. Standard Personal Lines recorded net premiums written of $95.5 million, down 8% from the prior‑year quarter. Excess and Surplus Lines net premiums written totaled $158.4 million, up 4% year over year. After-tax net investment income was $114.2 million for the quarter and $421.2 million for the full year. The company reiterated its focus on underwriting discipline, geographic expansion, and continued investment in data and analytics capabilities.
M&A or strategic moves
No acquisitions, divestitures, or other material strategic transactions were announced during the quarter or disclosed in the accompanying investor materials.
Equity analyst commentary
Institutional research commentary issued following the results highlighted the increase in quarterly net income and noted that operating earnings were modestly ahead of consensus expectations. Analysts also pointed to higher net investment income and improved underwriting results as key contributors to the quarter’s financial outcome.
Guidance & outlook — what to watch for
The company outlined several guideposts for 2026. These include a GAAP combined ratio range of 96.5% to 97.5%, an assumption of approximately six points of catastrophe losses, and an after-tax net investment income target of about $465 million. Additional assumptions include an effective tax rate of roughly 21.5% and weighted average diluted shares outstanding of around 61 million. These metrics remain key areas for investors to monitor.
Performance summary
Shares closed higher following the earnings release. Quarterly revenues and net income both increased year over year. Standard Commercial Lines remained the largest contributor to premiums written, while underwriting and investment income trends improved compared with the prior year.