Selective Insurance Posts Strong Q3 2025 Earnings with Growth and Expansion

Selective Insurance Group, Inc., a property and casualty insurer, reported strong financial results for Q3 2025, underlining its steady performance in the insurance sector.

The company posted a net income per diluted common share of $1.85 and a non-GAAP operating income per diluted common share of $1.75. These results contributed to a return on common equity of 14.0%, displaying solid profitability metrics in a competitive market. Selective Insurance’s GAAP combined ratio stood at 98.6%, reflecting effective underwriting and claims management.

The insurer’s business showed growth with a 4% increase in net premiums written year over year, reinforcing a positive trend in policyholder acquisition and retention. Investment income also saw significant growth, with an 18% rise after-tax, totaling $110 million, bolstering overall financial strength. The book value per common share increased by 5% to $54.46, signaling enhanced shareholder equity. Strategically, Selective Insurance is expanding its footprint in the Standard Commercial Lines segment, recently entering Kansas and planning expansion into Montana and Wyoming in 2026. This geographic growth indicates a focus on diversifying risk and tapping into new markets.

The company also raised its quarterly dividend by 13% and authorized a $200 million share repurchase program, actions that typically support investor confidence and signal financial discipline. Looking ahead, Selective Insurance forecasts a full-year combined ratio between 97% and 98% and maintains a year-to-date operating return on equity of 12.6%. The company’s ongoing emphasis is on improving underwriting margins and investing in initiatives that underpin sustainable, profitable growth. Overall, Selective Insurance’s Q3 performance highlights its resilient business model and strategic growth initiatives that contribute to shareholder value and market position in the property and casualty insurance industry.