Selective Insurance Group Q4 Profit Rises, Shares Climb on Strong Underwriting Results

Selective Insurance Group (NASDAQ: SIGI) reported higher fourth-quarter profit on January 29, 2026, driven by improved underwriting margins and lower catastrophe losses. Net income rose 18% year-over-year to $142 million. The insurer posted an annualized return on equity of 13.2% for the quarter, up from 11.1% a year earlier. Combined ratio improved to 92.4% from 95.1%, reflecting disciplined pricing and reduced weather-related claims. Chairman and CEO John Marchioni cited “sustained execution in core commercial lines” as key to performance. The company declared a quarterly dividend of $0.32 per share, payable March 1, 2026. Book value per share increased 6.5% over the prior year to $38.71.