Selective Insurance Group (Selective Insurance Group) Policy Acquisition Expense : $825.86 Mil (As of Mar. 2024)

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What is Selective Insurance Group Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Selective Insurance Group's policy acquisition expense for the three months ended in Mar. 2024 was $219.44 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Mar. 2024 was $825.86 Mil.

Selective Insurance Group Policy Acquisition Expense Historical Data

The historical data trend for Selective Insurance Group's Policy Acquisition Expense 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 Policy Acquisition Expense Chart

Selective Insurance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Policy Acquisition Expense

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535.97

560.27

626.47

705.82

796.18

Selective Insurance Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Policy Acquisition Expense	Get a 7-Day Free Trial															189.76	194.79	201.11	210.52	219.44

Selective Insurance Group Policy Acquisition Expense Calculation

Expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc.

Policy Acquisition Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $825.86 Mil.

Selective Insurance Group (Selective Insurance Group) Business Description

Industry

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SIGIP.PFD:USA SIGI:USA SV2:Germany

Address

40 Wantage Avenue, Branchville, NJ, USA, 07890

Website

https://www.selective.com

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.