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Selective Insurance Group SIGI Insurance Operations — Salaries and employee benefits

Other segment segments

Standard Personal Lines
$10.3M+16.9%
E&S Lines
$9.22M+23.0%
Investments
$0

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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:LaborAndRelatedExpense.

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
Total loss and loss expense incurred652,24969,00495,013816,266816,266
Net underwriting expenses incurred:
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

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Selective Insurance Group's insurance operations — salaries and employee benefits?
Selective Insurance Group (SIGI) reported insurance operations — salaries and employee benefits of $101.37M in Q2 2026.
How has Selective Insurance Group's insurance operations — salaries and employee benefits changed year-over-year?
Selective Insurance Group's insurance operations — salaries and employee benefits increased by 6.7% year-over-year, from $94.97M to $101.37M.
What does insurance operations — salaries and employee benefits mean?
This represents the total compensation and benefit costs for personnel dedicated to the insurance operations segment. It serves as a key indicator of the fixed operational overhead required to support underwriting, claims processing, and administrative functions.

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