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Selective Insurance Group SIGI Deferred Policy Acquisition Costs, Amortization Expense

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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:DeferredPolicyAcquisitionCostAmortizationExpense.

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.UNAUDITED CONSOLIDATED STATEMENTS OF INCOME / ($ in thousands, except per share amounts)Quarter ended June 30, 2026Quarter ended June 30, 2025Six Months ended June 30, 2026Six Months ended June 30, 2025
Total revenues1,387,0351,326,7452,745,9602,611,931
Expenses:
Loss and loss expense incurred816,266823,8981,631,7701,570,223
Amortization of deferred policy acquisition costs248,050250,307501,460497,741
Other insurance expenses136,192122,823270,876247,693
Interest expense13,21513,25626,43622,829
Corporate expenses10,4677,55628,37125,654
Total expenses1,224,1901,217,8402,458,9132,364,140

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Selective Insurance Group's deferred policy acquisition costs, amortization expense?
Selective Insurance Group (SIGI) reported deferred policy acquisition costs, amortization expense of $248.05M in Q2 2026.
How has Selective Insurance Group's deferred policy acquisition costs, amortization expense changed year-over-year?
Selective Insurance Group's deferred policy acquisition costs, amortization expense decreased by 0.9% year-over-year, from $250.31M to $248.05M.
What is the long-term trend for Selective Insurance Group's deferred policy acquisition costs, amortization expense?
Over 4 years (2021 to 2025), Selective Insurance Group's deferred policy acquisition costs, amortization expense has grown at a 12.5% compound annual growth rate (CAGR), from $626.47M to $1B.
What does deferred policy acquisition costs, amortization expense mean?
This reflects the systematic recognition of costs directly associated with acquiring, renewing, and issuing insurance policies over the life of the contract. Amortizing these costs aligns expenses with the period in which the related premium revenue is earned.

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