Selective Insurance Q2 FY26 net income per share rises 55% to $2.11; GAAP combined ratio narrows 2.2 percentage points to 98%
SIGI•Full-year 2026 guidance
Selective Insurance said 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.
Premiums decline on weaker standard commercial lines
Net premiums written fell 5% to $1.22 billion, driven by a 6% drop in Standard Commercial Lines on lower new business.
Quarterly results improve on underwriting and investment income
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.
After-tax net investment income climbed 18% to $119.2 million. Book value per share rose sequentially to .
