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Selective Insurance Group SIGI Reinsurance recoverables

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Other financials

Income statement

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Revenue$1.4B+4.5%
Net income$129.4M+50.5%
EPS (diluted)$2.11+55.1%

Balance sheet

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Cash & equivalents$557.0K+56.0%
Total debt$903.2M-0.5%
Total equity$3.7B+8.7%
Total assets$15.6B+7.9%

Cash flow

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Operating cash flow$229.0M+37.2%
CapEx$14.1M+94.6%
Free cash flow$214.9M+34.6%

Valuation

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Market cap$5.77B+19.9%
Enterprise value$6.67B+16.6%
P/E11.6×-1.0×
P/S1.1×+0.1×

Profitability

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Net margin9.1%+1.6pp
FCF margin21.7%-0.4pp

Returns & leverage

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Return on equity14.2%+2.0pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Selective Insurance Group in its filing.

Tagged under the XBRL concept us-gaap:ReinsuranceRecoverablesOnPaidAndUnpaidLosses.

The source filing: Selective Insurance Group’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 2:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000230557-26-000020
SELECTIVE INSURANCE GROUP, INC.CONSOLIDATED BALANCE SHEETS / ($ in thousands, except share amounts)Unaudited / June 30, 2026December 31, 2025
Premiums receivable, net of allowance for credit losses1,637,7141,533,901
Reinsurance recoverable954,248917,495
Less: allowance for credit losses (Note 7)(2,000)(2,000)
Reinsurance recoverable, net of allowance for credit losses952,248915,495
Prepaid reinsurance premiums273,062266,332
Current federal income tax1,939
Deferred federal income tax137,880110,905
Property and equipment – at cost, net of accumulated depreciation and amortization of: $311,425 – 2026; $297,211 – 2025116,498106,390

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Selective Insurance Group's reinsurance recoverables?
Selective Insurance Group (SIGI) reported reinsurance recoverables of $952.25M in Q2 2026.
How has Selective Insurance Group's reinsurance recoverables changed year-over-year?
Selective Insurance Group's reinsurance recoverables increased by 8.0% year-over-year, from $881.39M to $952.25M.
What is the long-term trend for Selective Insurance Group's reinsurance recoverables?
Over 5 years (2020 to 2025), Selective Insurance Group's reinsurance recoverables has grown at a 9.3% compound annual growth rate (CAGR), from $587.49M to $915.5M.
What does reinsurance recoverables mean?
This represents the total amount an insurer expects to collect from reinsurers for claims that have already been paid or for reserves established on ceded business. It serves as a critical indicator of the company's reliance on reinsurance partners to mitigate underwriting risk and manage capital exposure. High levels of recoverables highlight the importance of counterparty credit quality in the insurer's risk management framework.

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