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Selective Insurance Group SIGI Personal automobile — 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%
Commercial property
$53.81M-16.7%
Businessowners’ policies
$37.75M+18.5%
Homeowners
$25.31M+8.3%

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CNASurety — IBNR
45,600,000,000%+2,900,000,000pp
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$6.5M
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HIPOProperty Lines — IBNR
$69.6M

Other financials

Income statement

See full
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
Personal Automobile(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Accident YearPersonal Automobile(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2016Personal Automobile(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2017Personal Automobile(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2018Personal Automobile(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2019Personal Automobile(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2020Personal Automobile(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2021Personal Automobile(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2022Personal Automobile(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2023Personal Automobile(in thousands, except for claim counts) / Incurred Loss and Allocated Loss Expenses, Net of Reinsurance / Unaudited / 2024Personal Automobile(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
2019114,043115,688115,993118,669119,632119,409119,41129322,874
202095,62594,53290,17989,02789,24988,30247617,553
2021108,244102,777105,088106,344105,29190019,745
2022121,030133,623138,559136,5452,17521,322
2023172,104174,229173,9005,66927,048
2024184,131192,48632,59725,501
2025164,78563,52317,160
Total1,300,422

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Selective Insurance Group's personal automobile — IBNR?
Selective Insurance Group (SIGI) reported personal automobile — IBNR of $63.52M in Q4 2025.
How has Selective Insurance Group's personal automobile — IBNR changed year-over-year?
Selective Insurance Group's personal automobile — IBNR increased by 19.9% year-over-year, from $53M to $63.52M.
What does personal automobile — IBNR mean?
This metric represents the estimated liability for claims that have occurred but have not yet been reported to the insurer by the end of the reporting period. It is a critical actuarial estimate that ensures the company maintains sufficient capital to cover future obligations for the personal automobile segment.

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