EX-99.2 3 q32024pressreleasesuppleme.htm EX-99.2 Document

Exhibit 99.2















selectiveinsurancergb.jpg


財務補充
2024年第三季度


前瞻性聲明

本報告中的某些陳述，包括參考的信息，屬於1995年《私人證券訴訟改革法案》（"PSLRA"）定義的「前瞻性陳述」。 PSLRA根據1933年證券法和1934年證券交易法爲前瞻性陳述提供了避風港。 這些陳述討論了我們的意圖、信念、預測、估計或未來事件和財務表現。 它們涉及已知和未知的風險、不確定性和其他因素，可能導致我們或我們所在行業的實際結果、活動水平或表現與前瞻性陳述中的結果或含義有實質不同。 在某些情況下，前瞻性陳述包括「可能」、「將」、「能夠」、「應該」、「期望」、「計劃」、「預期」、「屬性」、「自信」、「堅定」、「目標」、「項目」、「打算」、「相信」、「估計」、「預測」、「潛力」、「財務數據」、「尋求」、「可能」、「繼續」或類似術語。 我們的前瞻性陳述僅爲預測；我們無法保證或確保這些期望會被證明正確。 我們不承諾公開更新或修訂任何前瞻性陳述，除非法律要求。

可能導致我們的實際結果與我們在前瞻性陳述中所預測、預計或估計的結果有重大差異的因素包括但不限於：
•經濟、全球資本市場、銀行業、商業房地產等面臨的挑戰條件，包括長期較高的通貨膨脹，可能會增加損失成本，並對投資組合產生負面影響；
•公共債務、公共股權或私人投資市場的惡化可能導致投資損失和利率波動；
•我們持有的個別證券的評級下調可能會影響投資價值，進而影響法定盈餘；
•我們損失準備金和損失費用準備金的充分性；
•頻率和嚴重程度都在增加的災難事件，包括可能受氣候變化影響的自然事件，如颶風、嚴重對流風暴、龍捲風、風暴、地震、冰雹、嚴重冬季天氣、洪水和火災，以及犯罪和恐怖行爲等人爲事件，包括網絡攻擊、爆炸和公民動盪；
•不利市場、政府、監管、法律、政治或司法條件或行動，包括社會通脹；
•我們業務在美國東部地區的顯著地理集中；
•再保險的成本、條款和條件以及可獲得性；
•我們收集再保險和再保險人的清償能力以及再保人的償付能力；
•美國貿易政策變化和對進口徵收關稅的影響可能導致我們的損失和損失費用出現高於預期的通貨膨脹趨勢；
•關於COVID-19，我們已成功根據我們業務的條款、條件和除外條款，成功抵禦了與COVID-19相關的業務中斷損失的支付。然而，如果最高法院做出不同判斷，我們的損失和損失支出可能會增加，我們相關的儲備可能不足，我們的財務狀況和流動性可能會受到重大影響。
•持續的戰爭和衝突影響全球經濟、銀行、商品和金融市場，加劇了已經存在的經濟挑戰，包括通貨膨脹和供應鏈中斷，進而影響保險損失成本、保費和投資估值；
•與保險費率提高和業務留存相關的不確定性;
•影響我們在一個或多個州編寫和/或停止編寫保險政策的保險監管變更;
•數據隱私或網絡安全法律法規對我們運營的影響;
•我們內部控制或信息技術和應用系統出現重大缺陷或故障，導致我們品牌在市場上受損，高級主管過多關注危機和聲譽管理問題，以及/或開支增加，特別是如果我們遭遇重大隱私泄露；
•可能存在對我們運營構成一定風險的稅收或聯邦金融監管改革條款；
•我們有能力保持來自評級機構(包括Am Best、標準普爾、穆迪和菲奇)的有利金融評級，其中可能包括可持續性考慮因素；
•我們進入新市場和業務；以及
•我們在提交給美國證券交易委員會的文件中識別出的其他風險和不確定性，包括我們的年度10-k表格和其他定期報告。


選擇性保險集團股份有限公司及其子公司

目錄

合併財務亮點
截至2020年6月30日和2019年6月30日三個月和六個月的營業額
合併資產負債表
財務指標
保險業務合併利潤表
標準商業業務利潤表和補充數據
標準商業業務GAAP業務線成果
個人標準業務的經營報告和補充數據
個人標準業務GAAP業務線結果
超額和殘值業務的經營報告和補充數據
超額和殘值業務GAAP業務線結果
投資收入彙總
投資資產組合的合併
投資資產的信用質量
淨利潤（虧損）調節歸屬普通股股東的非GAAP經營收入（虧損）和某些其他非GAAP指標
評級和聯繫信息




選擇性保險集團股份公司及其子公司

合併財務亮點
(未經審計)

季度結束截至年底
9月30日，6月30日,3月31日，12月31日，9月30日，9月30日，9月30日，
（單位：美元，股數以百萬計，除每股數據外）2024202420242023202320242023
截至期末
總保險費收入$1,343.1 1,406.2 1,321.9 1,149.7 1,223.5 4,071.1 3,599.8 
淨保險費1,157.6 1,226.1 1,156.6 991.5 1,058.3 3,540.4 3,143.0 
淨保費寫入變動，與去年同期相比9 %13 16 17 17 13 15 
稅前核保收益（損失）$5.3 (173.7)19.0 63.6 31.6 (149.4)69.2 
稅前淨投資收益117.8 108.6 107.8 98.6 100.9 334.3 290.1 
稅前淨實現和未實現投資收益（損失）5.4 1.3 (1.6)5.4 (6.9)5.1 (9.0)
$92.3 (63.3)82.5 124.8 89.2 111.5 240.4 
淨利潤(可供普通股股東使用)(1)
90.0 (65.6)80.2 122.5 86.9 104.6 233.5 
非通用會計原則下的營業收入（虧損）(2)
85.7 (66.6)81.5 118.3 92.3 100.6 240.6 
期末
總資產13,473.1 12,565.5 12,056.1 11,802.5 11,428.0 13,473.1 11,428.0 
總投資資產9,635.3 9,021.8 8,745.7 8,693.7 8,195.9 9,635.3 8,195.9 
股東權益3,167.8 2,922.7 3,006.5 2,954.4 2,644.4 3,167.8 2,644.4 
普通股股東權益(3)
2,967.8 2,722.7 2,806.5 2,754.4 2,444.4 2,967.8 2,444.4 
普通股股份數60.8 60.9 60.8 60.6 60.6 60.8 60.6 
每股數據和股東分享數據
淨利潤（虧損）可供普通股股東每股（攤薄）
$1.47 (1.08)1.31 2.01 1.42 1.71 3.83 
非普通會計淨營業收入（虧損）每股普通股（攤薄）(2)
1.40 (1.10)1.33 1.94 1.51 1.64 3.95 
加權平均每股普通股數（攤薄）61.3 60.9 61.2 61.0 61.0 61.3 60.9 
每股普通股賬面價值$48.82 44.74 46.17 45.42 40.35 48.82 40.35 
調整後的每股普通股賬面價值(2)
50.80 49.67 50.97 50.03 48.54 50.80 48.54 
每股普通股派息0.35 0.35 0.35 0.35 0.30 1.05 0.90 
財務比率
損失和損失準備金比率68.8 %85.7 67.0 62.4 65.8 73.8 65.7 
承保費用比率30.6 30.3 30.9 31.1 30.9 30.6 31.6 
保單持有人紅利比率0.1 0.1 0.3 0.2 0.1 0.2 0.2 
GAAP 綜合比率99.5 %116.1 98.2 93.7 96.8 104.6 97.5 
普通股股東權益的淨利率（"roe"）12.6 (9.5)11.5 18.9 14.1 5.0 12.8 
非通用會計淨利率(2)
12.1 (9.6)11.7 18.2 15.0 4.8 13.2 
負債佔總資本化13.8 14.8 14.3 14.6 16.0 13.8 16.0 
淨保費收入佔保戶儲備比例1.63 1.64 1.55 1.51 1.53 1.63 1.53 
每美元普通股股東權益的投資資產$3.25 3.31 3.12 3.16 3.35 3.25 3.35 
(1)
可供普通股股東使用的淨利潤減去優先股股利的淨利潤（虧損）
(2)
非通用會計準則。詳見第15頁的定義。
(3)
不包括優先股權益相關的股權。
Page 1

Selective Insurance Group, Inc. & Consolidated Subsidiaries

CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ and shares in millions, except per share data)2024202420242023202320242023
Revenues
Net premiums earned$1,112.2 1,080.2 1,050.9 1,001.2 981.9 $3,243.4 2,826.4 
Net investment income earned117.8 108.6 107.8 98.6 100.9 334.3 290.1 
Net realized and unrealized gains (losses)5.4 1.3 (1.6)5.4 (6.9)5.1 (9.0)
Other income8.9 5.8 7.8 5.5 5.2 22.6 13.9 
Total revenues1,244.3 1,196.0 1,165.0 1,110.7 1,081.1 3,605.3 3,121.4 
Expenses
Loss and loss expense incurred765.7925.5 704.3 624.8 645.9 2,395.5 1,859.5 
Amortization of deferred policy acquisition costs235.6226.4 219.4 210.5 201.1 681.4585.7 
Other insurance expenses114.7107.8 116.0 107.8 108.5 338.4325.9 
Interest expense7.37.2 7.2 7.2 7.2 21.621.6 
Corporate expenses4.79.2 15.5 3.4 5.9 29.327.3 
Total expenses1,127.8 1,276.1 1,062.4 953.7 968.6 3,466.3 2,820.0 
Income (loss) before federal income tax
$116.5 (80.1)102.6 157.0 112.5 139.0301.4 
Federal income tax expense (benefit)
24.2 (16.8)20.0 32.1 23.3 27.5 61.0 
Net Income (loss)
$92.3 (63.3)82.5 124.8 89.2 111.5240.4 
Preferred stock dividends2.32.3 2.3 2.3 2.3 6.96.9 
Net income (loss) available to common stockholders
$90.0 (65.6)80.2122.586.9104.6233.5
Net realized and unrealized investment (gains) losses, after tax(1)
(4.3)(1.0)1.3 (4.3)5.4 (4.0)7.1 
Non-GAAP operating income (loss)(2)
$85.7 (66.6)81.5 118.2 92.3 $100.6 240.6 
Weighted average common shares outstanding (diluted)61.360.9 61.2 61.0 61.0 61.360.9 
Net income (loss) available to common stockholders per common share (diluted)
$1.47 (1.08)1.31 2.01 1.42 $1.71 3.83 
Non-GAAP operating income (loss) per common share (diluted)(2)
$1.40 (1.10)1.33 1.94 1.51 $1.64 3.95 
(1)
Amounts are provided to reconcile net income (loss) available to common stockholders to non-GAAP operating income (loss).
(2)
Non-GAAP measure. Refer to Page 15 for definition.
Note: Amounts may not foot due to rounding.
Page 2

Selective Insurance Group, Inc. & Consolidated Subsidiaries

CONSOLIDATED BALANCE SHEETS
(Unaudited)

Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,
($ in millions, except per share data)20242024202420232023
ASSETS
Investments
Fixed income securities, held-to-maturity, net of allowance for credit losses$22.0 19.5 20.3 22.7 23.2 
Fixed income securities, available-for-sale, at fair value, net of allowance for credit losses8,088.6 7,669.0 7,583.5 7,499.2 7,027.1 
Commercial mortgage loans, net of allowance for credit losses223.6 219.5 208.0 188.4 185.9 
Equity securities, at fair value205.6 192.0 194.3 187.2 125.6 
Short-term investments561.0 417.3 247.9 309.3 315.0 
Alternative investments432.0 414.8 402.7 395.8 446.8 
Other investments102.5 89.7 89.0 91.2 72.2 
Total investments

9,635.3 9,021.8 8,745.7 8,693.7 8,195.9 
Cash0.1 0.2 0.1 0.2 0.1 
Restricted cash12.6 10.7 11.7 13.1 13.2 
Accrued investment income73.8 72.3 68.0 66.3 62.2 
Premiums receivable, net of allowance for credit losses1,531.9 1,579.7 1,439.1 1,313.1 1,330.0 
Reinsurance recoverable, net of allowance for credit losses1,057.3 685.6 651.4 656.8 685.3 
Prepaid reinsurance premiums230.7 219.8 208.0 203.3 205.2 
Current federal income tax13.0 38.6 — — — 
Deferred federal income tax100.7 145.9 144.7 140.2 199.3 
Property and equipment, net of accumulated depreciation and amortization92.2 89.2 82.7 83.3 81.4 
Deferred policy acquisition costs488.5 476.5 448.3 424.9 425.8 
Goodwill7.8 7.8 7.8 7.8 7.8 
Other assets229.1 217.4 248.5 199.8 221.7 
Total assets$13,473.1 12,565.5 12,056.1 11,802.5 11,428.0 
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Reserve for loss and loss expense$6,452.0 5,903.5 5,501.8 5,336.9 5,301.4 
Unearned premiums2,655.0 2,598.7 2,441.0 2,330.7 2,342.2 
Long-term debt508.2 508.8 503.3 503.9 504.6 
Current federal income tax— — 26.5 6.3 2.5 
Accrued salaries and benefits113.5 92.6 97.9 122.0 114.2 
Other liabilities576.6 539.2 479.1 548.4 518.6 
Total liabilities
$10,305.3 9,642.8 9,049.6 8,848.2 8,783.5 
Stockholders' Equity
Preferred stock of $0 par value per share$200.0 200.0 200.0 200.0 200.0 
Common stock of $2 par value per share211.1 211.0 210.9 210.4 210.3 
Additional paid-in capital549.8 545.3 534.3 522.7 516.9 
Retained earnings3,069.6 3,001.1 3,088.2 3,029.4 2,928.2 
Accumulated other comprehensive income (loss)
(211.9)(392.7)(385.0)(373.0)(575.9)
Treasury stock, at cost(650.7)(641.9)(641.9)(635.2)(635.1)
Total stockholders' equity$3,167.8 2,922.7 3,006.5 2,954.4 2,644.4 
Commitments and contingencies
Total liabilities and stockholders' equity$13,473.1 12,565.5 12,056.1 11,802.5 11,428.0 
Note: Amounts may not foot due to rounding.
Page 3

Selective Insurance Group, Inc. & Consolidated Subsidiaries

FINANCIAL METRICS
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ and shares in millions, except per share data)2024202420242023202320242023
Book value per common share
Common stockholders' equity$2,967.8 2,722.7 2,806.5 2,754.4 2,444.4 2,967.8 2,444.4 
Common shares issued and outstanding, at period end60.8 60.9 60.8 60.6 60.6 60.8 60.6 
Book value per common share$48.82 44.74 46.17 45.42 40.35 48.82 40.35 
Adjusted book value per common share(2)
50.80 49.67 50.97 50.03 48.54 50.80 48.54 
Financial results (after-tax)
Underwriting income (loss)4.1 (137.2)15.0 50.2 25.0 (118.0)54.7 
Net investment income93.4 86.3 85.6 78.4 80.2 265.3 231.1 
Interest expense and preferred stock dividends(8.0)(8.0)(8.0)(8.0)(8.0)(24.0)(24.0)
Corporate expense(3.8)(7.7)(11.2)(2.4)(4.9)(22.7)(21.3)
Net realized and unrealized investment gains (losses)4.3 1.0 (1.3)4.3 (5.4)4.0 (7.1)
Total after-tax net income (loss) available to common stockholders
90.0 (65.6)80.2 122.5 86.9 104.6 233.5 
Return on average equity
Insurance segments0.6 (19.9)2.2 7.7 4.1 (5.6)3.0 
Net investment income13.1 12.5 12.3 12.1 13.1 12.6 12.7 
Interest expense and preferred stock dividends(1.1)(1.2)(1.1)(1.2)(1.3)(1.1)(1.3)
Corporate expense(0.5)(1.0)(1.7)(0.4)(0.9)(1.1)(1.2)
Net realized and unrealized investment gains (losses)0.5 0.1 (0.2)0.7 (0.9)0.2 (0.4)
ROE12.6 (9.5)11.5 18.9 14.1 5.0 12.8 
Net realized and unrealized (gains) losses(1)
(0.5)(0.1)0.2 (0.7)0.9 (0.2)0.4 
Non-GAAP Operating ROE(2)
12.1 (9.6)11.7 18.2 15.0 4.8 13.2 
Debt and total capitalization
Notes payable:
3.03% Borrowings from Federal Home Loan Bank of Indianapolis60.0 60.0 60.0 60.0 60.0 60.0 60.0 
7.25% Senior Notes49.8 49.8 49.8 49.8 49.8 49.8 49.8 
6.70% Senior Notes99.4 99.4 99.4 99.3 99.3 99.4 99.3 
5.375% Senior Notes292.4 292.3 292.2 292.2 292.1 292.4 292.1 
Finance Lease Obligations6.7 7.3 1.9 2.6 3.4 6.7 3.4 
Total debt508.2 508.8 503.3 503.9 504.6 508.2 504.6 
Stockholders' equity3,167.8 2,922.7 3,006.5 2,954.4 2,644.4 3,167.8 2,644.4 
Total capitalization$3,676.0 3,431.5 3,509.8 3,458.3 3,149.0 3,676.0 3,149.0 
Ratio of debt to total capitalization13.8 14.8 14.3 14.6 16.0 13.8 16.0 
Policyholders' surplus$2,787.5 2,698.8 2,777.3 2,742.3 2,612.5 2,787.5 2,612.5 
(1)
Amounts are provided to reconcile ROE to non-GAAP operating ROE.
(2)
Non-GAAP measure. Refer to Page 15 for definition.
Note: Amounts may not foot due to rounding.
Page 4

Selective Insurance Group, Inc. & Consolidated Subsidiaries

CONSOLIDATED INSURANCE OPERATIONS
STATEMENT OF OPERATIONS
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ in millions)2024202420242023202320242023
Underwriting results
Net premiums written$1,157.6 1,226.1 1,156.6 991.5 1,058.3 3,540.4 3,143.0 
Change in net premiums written, from comparable prior year period9 %13 16 17 17 13 15 
Net premiums earned$1,112.2 1,080.2 1,050.9 1,001.2 981.9 3,243.4 2,826.4 
Losses and loss expenses incurred765.7 925.5 704.3 624.8 645.9 2,395.5 1,859.5 
Net underwriting expenses incurred340.0 327.3 324.4 311.1 303.1 991.6 892.7 
Dividends to policyholders1.4 1.1 3.3 1.8 1.4 5.7 5.0 
GAAP underwriting income (loss)$5.3 (173.7)19.0 63.6 31.6 (149.4)69.2 
Net catastrophe losses$148.8 90.5 55.2 24.6 64.6 294.6 219.9 
(Favorable) unfavorable prior year casualty reserve development— 176.0 35.0 10.0 — 211.0 (16.5)
Underwriting ratios
Loss and loss expense ratio68.8 %85.7 67.0 62.4 65.8 73.8 65.7 
Underwriting expense ratio30.6 30.3 30.9 31.1 30.9 30.6 31.6 
Dividends to policyholders ratio0.1 0.1 0.3 0.2 0.1 0.2 0.2 
Combined ratio99.5 %116.1 98.2 93.7 96.8 104.6 97.5 
Net catastrophe losses13.4 pts8.4 5.3 2.5 6.6 9.1 7.8 
(Favorable) unfavorable prior year casualty reserve development— 16.3 3.3 1.0 — 6.5 (0.6)
Combined ratio before net catastrophe losses86.1 %107.7 92.9 91.2 90.2 95.5 89.7 
Combined ratio before net catastrophe losses and prior year casualty development86.1 %91.4 89.6 90.2 90.2 89.0 90.3 
Other Statistics
Non-catastrophe property loss and loss expenses$146.7 185.5 171.2 172.1 172.8 503.4 478.2 
Non-catastrophe property loss and loss expenses13.2 pts17.2 16.3 17.2 17.6 15.5 16.9 
Direct new business$234.2 267.4 260.8 232.7 232.3 762.4 690.8 
Renewal pure price increases10.5%9.1 8.1 7.4 7.0 9.1 6.6 
Note: Amounts may not foot due to rounding.

Page 5

Selective Insurance Group, Inc. & Consolidated Subsidiaries

STANDARD COMMERCIAL LINES
STATEMENT OF OPERATIONS AND SUPPLEMENTAL DATA
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ in millions)2024202420242023202320242023
Underwriting results
Net premiums written$903.9 963.1 931.7 764.3 833.6 2,798.7 2,517.0 
Change in net premiums written, from comparable prior year period8 %11 15 13 15 11 13 
Net premiums earned$875.4 853.5 834.1 792.1 785.3 2,563.0 2,279.7 
Losses and loss expenses incurred591.6 748.0 555.8 482.6 493.8 1,895.4 1,436.6 
Net underwriting expenses incurred275.1 265.4 264.6 252.9 248.9 805.2 735.7 
Dividends to policyholders1.4 1.1 3.3 1.8 1.4 5.7 5.0 
GAAP underwriting income (loss)$7.3 (160.9)10.4 54.9 41.3 (143.2)102.4 
Net catastrophe losses$100.4 50.9 38.5 16.1 36.7 189.8 134.4 
(Favorable) unfavorable prior year casualty reserve development— 176.0 35.0 5.0 (3.0)211.0 (20.5)
Underwriting ratios
Loss and loss expense ratio67.6 %87.6 66.7 61.0 62.8 74.0 63.0 
Underwriting expense ratio31.4 31.1 31.7 31.9 31.7 31.4 32.3 
Dividends to policyholders ratio0.2 0.1 0.4 0.2 0.2 0.2 0.2 
Combined ratio99.2 %118.8 98.8 93.1 94.7 105.6 95.5 
Net catastrophe losses11.5 pts6.0 4.6 2.0 4.7 7.4 5.9 
(Favorable) unfavorable prior year casualty reserve development— 20.6 4.2 0.6 (0.4)8.2 (0.9)
Combined ratio before net catastrophe losses87.7 %112.8 94.2 91.1 90.0 98.2 89.6 
Combined ratio before net catastrophe losses and prior year casualty development87.7 %92.2 90.0 90.5 90.4 90.0 90.5 
Other Statistics
Non-catastrophe property loss and loss expenses$95.9 124.5 115.0 122.0 122.8 335.4 339.6 
Non-catastrophe property loss and loss expenses11.0 pts14.6 13.8 15.4 15.6 13.1 14.9 
Direct new business$139.2 168.4 172.1 145.2 145.5 479.6 452.3 
Renewal pure price increases9.1 %7.9 7.6 7.3 7.1 8.2 6.9 
Retention86 85 86 86 86 85 85 
Note: Amounts may not foot due to rounding.

Page 6

Selective Insurance Group, Inc. & Consolidated Subsidiaries

STANDARD COMMERCIAL LINES
GAAP LINE OF BUSINESS RESULTS
(Unaudited)

Quarter ended September 30, 2024Quarter ended September 30, 2023
GeneralCommercialCommercialWorkersGeneralCommercialCommercialWorkers
($ in millions)LiabilityAuto
Property(1)
CompensationBOPBondsOtherTotalLiabilityAuto
Property(1)
CompensationBOPBondsOtherTotal
Net premiums written$290.7 281.3 194.9 70.9 44.9 13.2 8.0 903.9 273.9 252.7 174.6 75.6 37.9 11.4 7.6 833.6 
Net premiums earned286.6 269.0 174.9 81.3 43.1 12.5 7.9 875.4 261.6 234.6 152.5 81.7 36.0 11.7 7.3 785.3 
Loss and loss expense ratio64.6 %73.4 80.0 63.0 45.2 (12.7)(0.2)67.6 55.8 75.7 63.3 56.7 68.4 24.7 0.2 62.8 
Underwriting expense ratio30.7 28.8 36.0 25.5 34.3 58.1 47.4 31.4 31.0 29.6 36.0 25.2 35.2 54.9 52.6 31.7 
Dividend ratio— — 0.1 1.4 — — — 0.2 0.1 — 0.1 1.1 — — — 0.2 
Combined ratio95.3 %102.2 116.1 89.9 79.5 45.4 47.2 99.2 86.9 105.3 99.4 83.0 103.6 79.6 52.8 94.7 
Underwriting income (loss)$13.3 (5.9)(28.1)8.2 8.8 6.8 4.2 7.3 34.3 (12.3)1.0 13.9 (1.3)2.4 3.4 41.3 
Year-to-Date September 30, 2024Year-to-Date September 30, 2023
GeneralCommercialCommercialWorkersGeneralCommercialCommercialWorkers
($ in millions)LiabilityAuto
Property(1)
CompensationBOPBondsOtherTotalLiabilityAuto
Property(1)
CompensationBOPBondsOtherTotal
Net premiums written$918.1 864.2 564.9 254.5 132.9 39.5 24.6 2,798.7 838.9 750.1 493.8 264.6 110.2 36.6 22.8 2,517.0 
Net premiums earned840.2 781.4 504.9 251.4 124.7 37.1 23.4 2,563.0 759.4 677.1 429.1 254.6 103.6 34.7 21.1 2,279.7 
Loss and loss expense ratio90.5 %71.5 69.1 61.4 55.1 13.9 0.5 74.0 55.9 74.2 66.3 56.3 71.8 24.7 0.1 63.0 
Underwriting expense ratio31.1 29.3 35.0 25.5 33.5 56.7 47.6 31.4 31.7 30.0 36.7 26.1 35.8 56.6 51.5 32.3 
Dividend ratio0.1 0.1 0.2 1.1 — — — 0.2 — — 0.1 1.5 — — — 0.2 
Combined ratio121.7 %100.9 104.3 88.0 88.6 70.6 48.1 105.6 87.6 104.2 103.1 83.9 107.6 81.3 51.6 95.5 
Underwriting income (loss)$(182.2)(6.8)(21.6)30.2 14.2 10.9 12.1 (143.2)94.1 (28.3)(13.4)41.1 (7.8)6.5 10.2 102.4 
(1) Includes Inland Marine.
Note: Amounts may not foot due to rounding.

Page 7

Selective Insurance Group, Inc. & Consolidated Subsidiaries

STANDARD PERSONAL LINES
STATEMENT OF OPERATIONS AND SUPPLEMENTAL DATA
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ in millions)2024202420242023202320242023
Underwriting results
Net premiums written$111.0 116.1 99.9 107.0 113.2 327.1 307.5 
Change in net premiums written, from comparable prior year period(2)%6 17 27 30 6 31 
Net premiums earned$107.5 106.4 103.8 101.0 95.2 317.8 264.2 
Losses and loss expenses incurred106.1 101.4 84.3 92.5 99.5 291.9 260.6 
Net underwriting expenses incurred25.2 24.3 24.8 25.5 21.8 74.3 65.8 
GAAP underwriting income (loss)$(23.8)(19.3)(5.3)(17.0)(26.1)(48.4)(62.2)
Net catastrophe losses$41.7 25.4 11.8 9.2 24.4 78.9 60.2 
(Favorable) unfavorable prior year casualty reserve development— — — 5.0 3.0 — 9.0 
Underwriting ratios
Loss and loss expense ratio98.7 %95.3 81.2 91.7 104.5 91.8 98.7 
Underwriting expense ratio23.4 22.8 23.9 25.2 22.9 23.4 24.9 
Combined ratio122.1 %118.1 105.1 116.9 127.4 115.2 123.6 
Net catastrophe losses38.8 pts23.9 11.4 9.1 25.6 24.8 22.8 
(Favorable) unfavorable prior year casualty reserve development— — — 5.0 3.2 — 3.4 
Combined ratio before net catastrophe losses83.3 %94.2 93.7 107.8 101.8 90.4 100.8 
Combined ratio before net catastrophe losses and prior year casualty development83.3 %94.2 93.7 102.8 98.6 90.4 97.4 
Other Statistics
Non-catastrophe property loss and loss expenses$38.0 45.4 41.9 42.8 42.5 125.2 114.1 
Non-catastrophe property loss and loss expenses35.3 pts42.6 40.3 42.4 44.7 39.4 43.2 
Direct new business$16.0 22.0 21.3 26.0 31.6 59.3 90.5 
Renewal pure price increases22.8 %20.7 14.3 8.9 6.1 18.5 3.9 
Retention75 78 83 87 88 78 87 
Note: Amounts may not foot due to rounding.

Page 8

Selective Insurance Group, Inc. & Consolidated Subsidiaries

STANDARD PERSONAL LINES
GAAP LINE OF BUSINESS RESULTS
(Unaudited)

Quarter ended September 30, 2024Quarter ended September 30, 2023
PersonalPersonal
($ in millions)AutoHomeownersOtherTotalAutoHomeownersOtherTotal
Net premiums written$54.1 53.0 3.9 111.0 59.5 50.0 3.7 113.2 
Net premiums earned56.6 47.3 3.7 107.5 51.9 40.2 3.1 95.2 
Loss and loss expense ratio81.2 %132.9 (70.0)98.7 100.1 116.1 28.7 104.5 
Underwriting expense ratio24.9 28.4 (64.7)23.4 26.8 27.7 (106.0)22.9 
Combined ratio106.1 %161.3 (134.7)122.1 126.9 143.8 (77.3)127.4 
Underwriting income (loss)$(3.4)(29.0)8.6 (23.8)(14.0)(17.6)5.5 (26.1)
Year-to-Date September 30, 2024Year-to-Date September 30, 2023
PersonalPersonal
($ in millions)AutoHomeownersOtherTotalAutoHomeownersOtherTotal
Net premiums written$168.7 148.5 9.8 327.1 168.3 130.8 8.4 307.5 
Net premiums earned171.1 137.4 9.3 317.8 145.1 112.1 7.1 264.2 
Loss and loss expense ratio87.3 %104.8 (16.3)91.8 94.4 108.9 25.3 98.7 
Underwriting expense ratio25.1 28.0 (76.5)23.4 28.4 29.0 (113.0)24.9 
Combined ratio112.4 %132.8 (92.8)115.2 122.8 137.9 (87.7)123.6 
Underwriting income (loss)$(21.2)(45.1)17.9 (48.4)(33.0)(42.5)13.3 (62.2)
Note: Amounts may not foot due to rounding.

Page 9

Selective Insurance Group, Inc. & Consolidated Subsidiaries

EXCESS AND SURPLUS LINES
STATEMENT OF OPERATIONS AND SUPPLEMENTAL DATA
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ in millions)2024202420242023202320242023
Underwriting results
Net premiums written$142.7 146.8 125.0 120.2 111.6 414.5 318.4 
Change in net premiums written, from comparable prior year period28 %39 24 36 25 30 21 
Net premiums earned$129.3 120.3 113.0 108.1 101.4 362.6 282.5 
Losses and loss expenses incurred68.0 76.2 64.1 49.7 52.6 208.3 162.2 
Net underwriting expenses incurred39.6 37.7 34.9 32.7 32.4 112.2 91.3 
GAAP underwriting income (loss)$21.7 6.5 14.0 25.7 16.4 42.2 29.1 
Net catastrophe losses$6.7 14.3 4.9 (0.7)3.5 25.9 25.4 
(Favorable) unfavorable prior year casualty reserve development— — — — — — (5.0)
Underwriting ratios
Loss and loss expense ratio52.5 %63.3 56.7 45.9 51.9 57.5 57.4 
Underwriting expense ratio30.7 31.3 30.9 30.3 32.0 30.9 32.3 
Combined ratio83.2 %94.6 87.6 76.2 83.9 88.4 89.7 
Net catastrophe losses5.2 pts11.9 4.3 (0.7)3.5 7.1 9.0 
(Favorable) unfavorable prior year casualty reserve development— — — — — — (1.8)
Combined ratio before net catastrophe losses78.0 %82.7 83.3 76.9 80.4 81.3 80.7 
Combined ratio before net catastrophe losses and prior year casualty development78.0 %82.7 83.3 76.9 80.4 81.3 82.5 
Other Statistics
Non-catastrophe property loss and loss expenses$12.9 15.6 14.3 7.3 7.5 42.8 24.6 
Non-catastrophe property loss and loss expenses10.0 pts13.0 12.6 6.8 7.4 11.8 8.7 
Direct new business$79.0 77.0 67.4 61.5 55.2 223.5 148.1 
Renewal pure price increases8.0 %6.4 5.2 6.1 6.6 6.8 7.1 
Note: Amounts may not foot due to rounding.

Page 10

Selective Insurance Group, Inc. & Consolidated Subsidiaries

EXCESS & SURPLUS LINES
GAAP LINE OF BUSINESS RESULTS
(Unaudited)

Quarter ended September 30, 2024Quarter ended September 30, 2023
($ in millions)CasualtyPropertyTotalCasualtyPropertyTotal
Net premiums written$83.3 59.3 142.7 69.8 41.8 111.6 
Net premiums earned77.5 51.9 129.3 67.7 33.7 101.4 
Loss and loss expense ratio62.4 %37.8 52.5 61.4 32.9 51.9 
Underwriting expense ratio31.7 29.1 30.7 31.1 33.7 32.0 
Combined ratio94.1 %66.9 83.2 92.5 66.6 83.9 
Underwriting income (loss)$4.6 17.2 21.7 5.1 11.3 16.4 
Year-to-Date September 30, 2024Year-to-Date September 30, 2023
($ in millions)CasualtyPropertyTotalCasualtyPropertyTotal
Net premiums written$247.0 167.5 414.5 206.9 111.6 318.4 
Net premiums earned223.0 139.6 362.6 190.7 91.9 282.5 
Loss and loss expense ratio62.6 %49.1 57.5 58.9 54.4 57.4 
Underwriting expense ratio31.4 30.3 30.9 31.9 33.1 32.3 
Combined ratio94.0 %79.4 88.4 90.8 87.5 89.7 
Underwriting income (loss)$13.5 28.7 42.2 17.6 11.5 29.1 
Note: Amounts may not foot due to rounding.


Page 11

Selective Insurance Group, Inc. & Consolidated Subsidiaries

CONSOLIDATED INVESTMENT INCOME
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ in millions)2024202420242023202320242023
Net investment income
Fixed income securities
Taxable$96.4 91.5 91.4 88.8 86.7 279.3 242.4 
Tax-exempt2.1 2.4 2.7 3.1 3.4 7.2 11.7 
Total fixed income securities98.5 93.9 94.1 91.9 90.0 286.5 254.0 
Commercial mortgage loans3.2 3.1 2.8 2.7 2.5 9.2 6.7 
Equity securities5.4 1.9 4.9 3.9 2.1 12.1 5.5 
Alternative investments9.0 10.5 6.9 1.1 6.5 26.4 25.6 
Other investments0.3 0.1 0.3 0.1 0.3 0.6 0.5 
Short-term investments6.5 4.7 3.5 3.3 3.9 14.7 11.5 
Investment income122.8 114.3 112.5 103.0 105.3 349.5 303.9 
Investment expenses(5.0)(5.6)(4.6)(4.4)(4.4)(15.3)(13.8)
Investment tax expense(24.4)(22.4)(22.2)(20.1)(20.6)(69.0)(59.0)
Total net investment income, after-tax$93.4 86.3 85.6 78.4 80.2 265.3 231.1 
Net realized and unrealized investment gains (losses), pre-tax$5.4 1.3 (1.6)5.4 (6.9)5.1 (9.0)
Change in unrealized gains (losses) recognized in other comprehensive income, pre-tax$228.0 (10.8)(16.1)275.4 (127.5)201.1 (100.8)
Average investment yields
Fixed income investments, pre-tax5.0 4.9 5.0 5.1 5.1 4.9 5.0 
Fixed income investments, after-tax4.0 3.9 4.0 4.0 4.1 3.9 4.0 
Total portfolio, pre-tax5.0 4.9 4.9 4.7 4.9 4.9 4.8 
Total portfolio, after-tax4.0 3.9 3.9 3.7 3.9 3.9 3.8 
Effective tax rate on net investment income20.7 20.6 20.6 20.4 20.5 20.6 20.3 
New money purchase rates for fixed income investments, pre-tax5.8 6.4 5.8 6.7 6.4 6.0 5.8 
New money purchase rates for fixed income investments, after-tax4.6 5.0 4.6 5.3 5.0 4.7 4.6 
Effective duration of fixed income investments including short-term (in years)3.9 3.9 4.0 4.0 4.1 3.9 4.1 
Note: Amounts may not foot due to rounding.
Page 12

Selective Insurance Group, Inc. & Consolidated Subsidiaries

CONSOLIDATED COMPOSITION OF INVESTED ASSETS
(Unaudited)

Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,
20242024202420232023
($ in millions)AmountPercentAmountPercentAmountPercentAmountPercentAmountPercent
Fixed income securities, at fair value$8,110.0 84 %7,687.6 85 7,602.7 87 7,521.1 87 7,049.0 86 
Commercial mortgage loans, at fair value218.6 2 209.0 2 197.8 2 178.9 2 171.4 2 
Total fixed income investments8,328.7 86 7,896.6 87 7,800.5 89 7,700.0 89 7,220.4 88 
Short-term investments561.0 6 417.4 5 247.9 3 309.3 4 315.0 4 
Total fixed income and short-term investments8,889.7 92 8,314.0 92 8,048.4 92 8,009.3 92 7,535.4 92 
Equity securities, at fair value205.6 2 192.0 2 194.3 2 187.2 2 125.6 2 
Alternative investments432.0 4 414.8 5 402.7 5 395.8 5 446.8 5 
Other investments102.5 1 89.7 1 89.0 1 91.2 1 72.2 1 
Total investments$9,629.8 100  %9,010.5 100 8,734.3 100 8,683.5 100 8,180.0 100 
Fixed income investments, at carry value
U.S. government obligations$125.4 2 %151.0 2 141.8 2 205.0 2 226.7 3 
Foreign government obligations9.7 — 9.2 — 9.2 — 9.8 — 9.3 — 
Obligations of state and political subdivisions492.9 6 525.4 7 539.0 7 586.0 8 614.8 8 
Corporate securities3,048.7 37 2,865.4 36 2,815.3 36 2,733.9 35 2,463.4 34 
Collateralized loan obligations and other asset-backed securities1,946.4 23 1,916.1 24 1,897.1 24 1,834.8 24 1,713.7 24 
Residential mortgage-backed securities 1,740.0 21 1,504.0 19 1,512.0 19 1,477.5 19 1,384.5 19 
Commercial mortgage-backed securities 747.5 9 717.4 9 689.4 9 674.8 9 638.0 9 
Commercial mortgage loans223.6 3 219.5 3 208.0 3 188.4 2 185.9 3 
Total fixed income investments$8,334.1 100  %7,908.0 100 7,811.8 100 7,710.3 100 7,236.3 100 
Expected maturities of fixed income investments at carry value
Due in one year or less$670.4 8 %634.2 8 607.9 8 526.6 7 446.4 6 
Due after one year through five years3,764.6 45 3,622.6 46 3,558.5 45 3,569.2 46 3,308.7 46 
Due after five years through 10 years3,072.6 37 2,872.1 36 2,882.5 37 2,862.5 37 2,511.0 35 
Due after 10 years826.5 10 779.1 10 762.9 10 751.9 10 970.1 13 
Total fixed income investments$8,334.1 100  %7,908.0 100 7,811.8 100 7,710.3 100 7,236.3 100 
Weighted average credit quality of fixed income and short-term investments
Investment grade credit quality$8,591.0 97 %8,002.7 96 7,747.0 96 7,721.4 96 7,250.8 96 
Non-investment grade credit quality298.7 3 311.3 4 301.4 4 287.9 4 284.6 4 
Total fixed income and short-term investments, at fair value$8,889.7 100  %8,314.0 100 8,048.4 100 8,009.3 100 7,535.4 100 
Weighted average credit quality of fixed income and short-term investments AA-  AA-  A+  AA-  A+
Alternative investmentsSeptember 30, 2024
Current
Number ofOriginalRemainingMarket
StrategyFundsCommitmentCommitmentValue
Private equity72 $495.2 191.4 337.9 
Private credit19 163.7 96.7 50.2 
Real assets11 84.5 41.4 43.9 
Total102 $743.4 329.6 432.0 
Note: Amounts may not foot due to rounding.
Page 13

Selective Insurance Group, Inc. & Consolidated Subsidiaries
CREDIT QUALITY OF INVESTED ASSETS
(Unaudited)

At September 30, 2024 Credit Rating
($ in millions)Amortized CostFair
Value		% of Invested AssetsYield to WorstEffective Duration in YearsAverage Life in YearsAAAAAABBBNon-Investment GradeNot Rated
Fixed income investments:
U.S. government obligations140 125 1.3 4.2 6.1 9.2 — 125 — — — — 
Foreign government obligations11 10 0.1 4.6 5.4 6.4 1 2 5 3 — — 
State and municipal obligations512 493 5.1 4.1 5.8 7.3 73 218 185 17 — — 
Corporate securities3,089 3,048 31.7 5.0 4.4 5.8 41 337 1,359 1,115 193 2 
Mortgage-backed securities:
Residential mortgage-backed securities ("RMBS"):
Agency RMBS1,220 1,177 12.2 4.6 4.9 7.3 — 1,177 — — — — 
Non-agency RMBS582 563 5.8 7.1 3.2 4.7 491 41 30 1 — — 
Total RMBS1,802 1,740 18.1 5.4 4.4 6.4 491 1,218 30 1 — — 
Commercial mortgage-backed securities ("CMBS")
Agency CMBS192 187 1.9 4.6 4.2 5.3 34 153 — — — — 
Non-agency CMBS574 560 5.8 5.7 2.8 3.5 486 49 25 — — — 
Total CMBS766 747 7.8 5.4 3.2 4.0 520 202 25 — — — 
Total mortgage-backed securities2,568 2,488 25.8 5.4 4.0 5.7 1,012 1,420 55 1 — — 
Collateralized loan obligations ("CLO") and other asset-backed securities ("ABS"):
Auto132 135 1.4 5.6 1.9 2.0 129 5 1 — — — 
Aircraft57 54 0.6 9.7 3.0 3.5 — — 34 16 4 — 
CLOs845 832 8.6 6.5 2.7 4.9 431 258 45 40 37 20 
Credit cards24 25 0.3 4.4 2.1 2.3 20 5 — — — — 
Other ABS913 900 9.3 6.3 4.3 5.5 238 143 377 103 13 26 
Total CLOs and ABS1,971 1,946 20.2 6.4 3.4 4.9 818 411 457 159 54 47 
Total securitized assets4,539 4,434 46.0 5.8 3.8 5.4 1,830 1,831 512 161 54 47 
Commercial mortgage loans224 219 2.3 6.6 2.8 3.8 — 11 85 120 2 — 
Total fixed income investments8,515 8,329 86.5 5.4 4.1 5.7 1,945 2,525 2,146 1,415 249 49 
Short-term investments561 561 5.8 4.8 0.00.0560 — 1 — — — 
Total fixed income and short-term investments9,076 8,890 92.3 5.4 3.95.32,505 2,525 2,146 1,415 250 49 
Total fixed income securities and short-term investments by credit rating percentage28.2 %28.4 %24.1 %15.9 %2.8 %0.6 %
Equity securities:
Common stock(1)
197 204 2.1 — — — — — — — — 204 
Preferred stock2 2 — — — — — — — 2 — — 
Total equity securities199 206 2.1 — — — — — — 2 — 204 
Alternative investments
Private equity338 338 3.5 — — — — — — — — 338 
Private credit50 50 0.5 — — — — — — — — 50 
Real assets44 44 0.5 — — — — — — — — 44 
Total alternative investments432 432 4.5 — — — — — — — — 432 
Other investments 102 102 1.1 — — — — — — — — 102 
Total invested assets$9,809 $9,630 100.0 %— — — $2,505 $2,525 $2,146 $1,417 $250 $787 
(1) Includes investments in exchange traded funds, mutual funds, business development corporations, and real estate investment trusts.
Note: Amounts may not foot due to rounding.
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Selective Insurance Group, Inc. & Consolidated Subsidiaries

RECONCILIATION OF NET INCOME (LOSS) AVAILABLE TO COMMON STOCKHOLDERS TO NON-GAAP OPERATING INCOME (LOSS) AND CERTAIN OTHER NON-GAAP MEASURES
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ in millions, except per share data)2024202420242023202320242023
Reconciliation of net income (loss) available to common stockholders to non-GAAP operating income (loss)
Net income (loss) available to common stockholders
$90.0 (65.6)80.2 122.5 86.9 104.6 233.5 
Net realized and unrealized investment (gains) losses included in net income, before tax(5.4)(1.3)1.6 (5.4)6.9 (5.1)9.0 
Tax on reconciling items1.1 0.3 (0.3)1.1 (1.4)1.1 (1.9)
Non-GAAP operating income (loss)
$85.7 (66.6)81.5 118.3 92.3 100.6 240.6 
Reconciliation of net income (loss) available to common stockholders per diluted common share to non-GAAP operating income (loss) per diluted common share
Net income (loss) available to common stockholders per diluted common share
$1.47 (1.08)1.31 2.01 1.42 1.71 3.83 
Net realized and unrealized investment (gains) losses included in net income, before tax(0.09)(0.02)0.03 (0.09)0.11 (0.08)0.15 
Tax on reconciling items0.02 — (0.01)0.02 (0.02)0.01 (0.03)
Non-GAAP operating income (loss) per diluted common share
$1.40 (1.10)1.33 1.94 1.51 1.64 3.95 
Reconciliation of ROE to non-GAAP operating ROE
ROE12.6 (9.5)11.5 18.9 14.1 5.0 12.8 
Net realized and unrealized investment (gains) losses included in net income, before tax(0.8)(0.2)0.2 (0.8)1.1 (0.2)0.5 
Tax on reconciling items0.3 0.1 — 0.1 (0.2)— (0.1)
Non-GAAP operating ROE12.1 (9.6)11.7 18.2 15.0 4.8 13.2 
Reconciliation of book value per common share to adjusted book value per common share
Book value per common share$48.82 44.74 46.17 45.42 40.35 48.82 40.35 
Total unrealized investment (gains) losses included in accumulated other comprehensive income (loss), before tax
2.50 6.25 6.08 5.83 10.38 2.50 10.38 
Tax on reconciling items(0.52)(1.32)(1.28)(1.22)(2.19)(0.52)(2.19)
Adjusted book value per common share$50.80 49.67 50.97 50.03 48.54 50.80 48.54 
Non-GAAP operating income (loss), non-GAAP operating income (loss) per diluted common share, and non-GAAP operating return on common equity are measures comparable to net income (loss) available to common stockholders, net income (loss) available to common stockholders per diluted common share, and return on common equity, respectively, but excludes after-tax net realized and unrealized gains and losses on investments included in net income (loss). Adjusted book value per common share is a measure comparable to book value per common share, but excludes total after-tax unrealized gains and losses on investments included in accumulated other comprehensive income (loss). These non-GAAP measures are used as important financial measures by management, analysts, and investors, because the timing of realized and unrealized investment gains and losses on securities in any given period is largely discretionary. In addition, net realized and unrealized gains and losses on investments could distort the analysis of trends. These operating measurements are not intended as a substitute for net income (loss) available to common stockholders, net income (loss) available to common stockholders per diluted common share, return on common equity, and book value per common share prepared in accordance with U.S. generally accepted accounting principles (GAAP). Reconciliations of net income (loss) available to common stockholders, net income (loss) available to common stockholders per diluted common share, return on common equity, and book value per common share to non-GAAP operating income (loss), non-GAAP operating income (loss) per diluted common share, non-GAAP operating return on common equity, and adjusted book value per common share, respectively, are provided in the tables above.
Note: Amounts may not foot due to rounding.
Page 15

Selective Insurance Group, Inc. & Consolidated Subsidiaries

RATINGS AND CONTACT INFORMATION

Address:As of September 30, 2024
40 Wantage AvenueAM BestStandard & Poor'sMoody'sFitch
Branchville, NJ 07890Financial Strength Ratings:A+AA2A+
Preferred Stock Rating:n/aBB+Ba1BBB-
Corporate Website:Long-Term Debt Credit Rating:a-BBBBaa2BBB+
www.Selective.com
Investor Contact:REGISTRAR AND TRANSFER AGENT
Brad B. WilsonEQ Shareowner Services
Senior Vice PresidentP.O. Box 64854
Investor Relations & TreasurerSt. Paul, MN 55164
Phone: 973-948-1283866-877-6351
Brad.Wilson@Selective.com
Media Contact:
Jamie M. Beal
Vice President
Director of Communications
Phone: 973-948-1234
Jamie.Beal@Selective.com

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