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Selective Insurance Group SIGI Homeowners — 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%
Businessowners’ policies
$37.75M+18.5%

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$69.6M

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:ShortdurationInsuranceContractsIncurredButNotReportedIbnrClaimsLiabilityNet.

The source filing: Selective Insurance Group’s 10-K, filed February 9, 2026.

Filed
Feb 9, 2026, 5:15 PM EST
Fiscal year
FY2025
Accession
0000230557-26-000006
Homeowners(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Accident YearHomeowners(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2016Homeowners(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2017Homeowners(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2018Homeowners(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2019Homeowners(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2020Homeowners(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2021Homeowners(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2022Homeowners(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2023Homeowners(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2024Homeowners(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / 2025As of December 31, 2025 / IBNRAs of December 31, 2025 / Cumulative Number of Reported Claims
201964,30672,77273,81673,07072,85672,00371,9541517,013
2020109,033112,523113,804112,590112,080111,796869,837
202182,42583,29584,18981,85282,6381086,933
202293,826100,38998,59498,1758126,904
2023137,029143,481143,1172,3108,031
2024157,935163,8424,2037,608
2025114,93225,3054,421
Total983,327

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Selective Insurance Group's homeowners — IBNR?
Selective Insurance Group (SIGI) reported homeowners — IBNR of $25.31M in Q4 2025.
How has Selective Insurance Group's homeowners — IBNR changed year-over-year?
Selective Insurance Group's homeowners — IBNR increased by 8.3% year-over-year, from $23.37M to $25.31M.
What does homeowners — IBNR mean?
This metric represents the estimated liability for claims that have occurred but have not yet been reported to the insurer by policyholders. It is a critical actuarial reserve component for the homeowners insurance segment, reflecting potential future payouts for events that have already transpired. Monitoring this helps investors assess the adequacy of reserves and the potential for future earnings volatility.

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