Selective Insurance Q2 FY26 net income per share rises 55% to $2.11; GAAP combined ratio narrows 2.2 percentage points to 98%

Reuters2026/07/23 20:26

By:Reuters

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Selective Insurance Group posted Q2 2026 net income of $127.1 million, or $2.11 per diluted share, up 52% year over year.
GAAP combined ratio improved to 98.0% from 100.2% a year earlier, reflecting 5.6 points of catastrophe losses.
Net premiums written fell 5% to $1.22 billion, driven by a 6% drop in Standard Commercial Lines on lower new business.
After-tax net investment income climbed 18% to $119.2 million; book value per share rose 3% sequentially to $58.13.
2026 guidance calls for a 96.5%-97.5% GAAP combined ratio, including 6.0 points of catastrophe losses, and after-tax net investment income of $480 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Selective Insurance Group Inc. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Selective Insurance Q2 FY26 net income per share rises 55% to $2.11; GAAP combined ratio narrows 2.2 percentage points to 98%

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