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Selective Insurance Group SIGI Businessowners’ policies — IBNR

Other product segments

General liability
$769.16M+23.9%
Commercial automobile
$435.03M+19.4%
Casualty lines
$226.94M+36.3%
Workers Compensation
$124.79M+15.6%
Personal automobile
$63.52M+19.9%
Commercial property
$53.81M-16.7%
Homeowners
$25.31M+8.3%

Similar metrics at other companies

Lemonade logo
LMNDProperty Insurance — IBNR
$64.6M+15.8%
The Hartford Financial Services Group logo
HIGProfessional liability — IBNR
Reserves
$366M+8.6%
CNA Financial logo
CNAOther Professional Liability and Management Liability — IBNR
268,900,000,000%+100,000,000pp
CNA Financial logo
CNAGeneral Liability — IBNR
341,000,000,000%+19,500,000,000pp
CNA Financial logo
CNAWorkers' Compensation — IBNR
118,200,000,000%-3,400,000,000pp
RenaissanceRe Holdings logo
RNRProperty — IBNR
$2.04B-44.9%

Other financials

Income statement

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Revenue$1.4B+5.7%
Net income$97.7M-11.1%
EPS (diluted)$1.58-10.2%

Balance sheet

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Cash & equivalents$176.0K+41.9%
Total debt$904.3M-0.5%
Total equity$3.6B+10.1%
Total assets$15.3B+7.9%

Cash flow

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Operating cash flow$221.4M-22.0%
CapEx$10.9M-16.0%
Free cash flow$210.5M-22.3%

Valuation

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Market cap$5.53B-18.9%

Profitability

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Net margin8.4%+3.7pp
FCF margin21%-3.8pp

Returns & leverage

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Return on equity13.3%+5.8pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Selective Insurance Group in its filing.

Tagged under the XBRL concept us-gaap:ShortdurationInsuranceContractsIncurredButNotReportedIbnrClaimsLiabilityNet.

The official record: Selective Insurance Group’s 10-K, filed February 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Selective Insurance Group's businessowners’ policies — IBNR?
Selective Insurance Group (SIGI) reported businessowners’ policies — IBNR of $37.75M in Q4 2025.
How has Selective Insurance Group's businessowners’ policies — IBNR changed year-over-year?
Selective Insurance Group's businessowners’ policies — IBNR increased by 18.5% year-over-year, from $31.86M to $37.75M.
What does businessowners’ policies — IBNR mean?
This metric represents the estimated liability for claims that have occurred but have not yet been reported to the insurer. It is a critical actuarial reserve component used to ensure the company maintains sufficient capital to cover future claim obligations.