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Selective Insurance Group (Selective Insurance Group) Combined Ratio % : 93.70% (As of Dec. 2023)


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What is Selective Insurance Group Combined Ratio %?

Combined Ratio % is a profitability metric of an insurance company to measure its performance in daily operations. It measures the money flowing out of an insurance company in the form of dividends, expenses, and losses.

Selective Insurance Group's Combined Ratio % for the quarter that ended in Dec. 2023 was 93.70% , which is lower than 96.80% for the pervious quarter ended in Sep. 2023.

Selective Insurance Group's Combined Ratio % for the annual that ended in Dec. 2023 was 96.50% , which is higher than 95.10% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Selective Insurance Group's Combined Ratio % or its related term are showing as below:

SIGI's Combined Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Combined Ratio % only.

Selective Insurance Group Combined Ratio % Historical Data

The historical data trend for Selective Insurance Group's Combined Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Selective Insurance Group Combined Ratio % Chart

Selective Insurance Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Combined Ratio %
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Expense Ratio %
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Claims Ratio %
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Selective Insurance GroupQuarterly Data
Trend Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Combined Ratio %
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Expense Ratio %
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Claims Ratio %
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Competitive Comparison of Selective Insurance Group's Combined Ratio %

For the Insurance - Property & Casualty subindustry, Selective Insurance Group's Combined Ratio %, along with its competitors' market caps and Combined Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Selective Insurance Group  (NAS:SIGI) Combined Ratio % Calculation

Combined Ratio % is calculated as:

Combined Ratio %=( Incurred Losses + Expenses ) / Earned Premium * 100%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Selective Insurance Group  (NAS:SIGI) Combined Ratio % Explanation

Combined Ratio % measures the money flowing out of an insurance company in the form of dividends, expenses and losses. A ratio below 100 percent suggests that the company is making an underwriting profit, while a ratio above 100 percent means that it paid more in the claim than it received. However, a ratio above 100 percent does not necessarily mean the company is losing money because the investment income is not included in the calculation.

Compared to Claims Ratio % and Expense Ratio %, the combined ratio is most important because it provides a comprehensive measure of an insurer's profitability.


Selective Insurance Group Combined Ratio % Related Terms

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Selective Insurance Group (Selective Insurance Group) Business Description

Traded in Other Exchanges
Address
40 Wantage Avenue, Branchville, NJ, USA, 07890
Selective Insurance Group Inc is a regional property-casualty insurer based in New Jersey, with its operations focused in the New York metropolitan area. Since 1977, Selective has focused its sales efforts on small businesses, offering commercial products that include workers' compensation, general liability, property, and auto insurance. Selective also has a small personal insurance segment (under 20% of total premiums), selling auto and homeowner's coverage.
Executives
John J. Marchioni officer: EVP, Chief Field Ops Officer 40 WANTAGE AVENUE, BRANCHVILLE X1 07890
Jeffrey F. Kamrowski officer: EVP, MUSIC 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Joseph Eppers officer: EVP, Chief Investment Officer 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Anthony D. Harnett officer: SVP, Chief Accounting Officer 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Cynthia S Nicholson director 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Wole C Coaxum director 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Brenda M Hall officer: EVP, CL Chief Op Officer 40 WANTAGE AVE., BRANCHVILLE NJ 07890
Vincent M Senia officer: EVP, Chief Actuary 40 WANTAGE AVE., BRANCHVILLE NJ 07461
John Burville director ACE LTD, ACE BLDG 30 WOODBOURNE AVE HAMILTON BER
Michael J. Morrissey director 40 WANTAGE AVENUE, BRANCHVILLE X1 07890
J Brian Thebault director 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Gregory E Murphy director, officer: Chairman, Chief Executive Offi 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Michael H Lanza officer: Sr. VP and General Counsel 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Paul Kush officer: EVP, Chief Claims Officer 40 WANTAGE AVE., BRANCHVILLE NJ 07890
William M Rue director 40 WANTAGE AVE, BRANCHVILLE NJ 07890