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Selective Insurance Group SIGI E&S Lines — Net Underwriting Expense, Excluding Other Income

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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

See full
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 sigi:NetUnderwritingExpenseExcludingOtherIncome.

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
Quarter Ended June 30, 2026Standard Commercial LinesStandard Personal LinesE&S LinesTotal Insurance OperationsInvestmentsTotal Reportable Segments
Commissions to distribution partners171,8775,46535,612212,954212,954
Salaries and employee benefits81,85710,2969,220101,373101,373
Other segment expenses48,3668,4463,22460,03660,036
Total net underwriting expenses incurred302,10024,20748,056374,363374,363
Dividends to policyholders490490490
Segment income (loss), before income tax7,2054,42812,75624,389162,138186,527
Income tax (expense) benefit(5,122)(33,475)(38,597)
Segment income (loss), after income tax19,267128,663147,930

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Selective Insurance Group's E&S lines — net underwriting expense, excluding other income?
Selective Insurance Group (SIGI) reported E&S lines — net underwriting expense, excluding other income of $48.06M in Q2 2026.
How has Selective Insurance Group's E&S lines — net underwriting expense, excluding other income changed year-over-year?
Selective Insurance Group's E&S lines — net underwriting expense, excluding other income increased by 5.0% year-over-year, from $45.77M to $48.06M.
What is the long-term trend for Selective Insurance Group's E&S lines — net underwriting expense, excluding other income?
Over 3 years (2022 to 2025), Selective Insurance Group's E&S lines — net underwriting expense, excluding other income has grown at a 19.6% compound annual growth rate (CAGR), from $107.18M to $183.41M.
What does E&S lines — net underwriting expense, excluding other income mean?
The total operating expenses incurred to generate premiums, excluding loss-related costs and other non-underwriting income. This metric is used to calculate the expense ratio and evaluate the cost-effectiveness of the segment's operations.

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