{"id":2946,"date":"2025-10-23T10:00:27","date_gmt":"2025-10-23T10:00:27","guid":{"rendered":"http:\/\/xinetica.com\/?p=2946"},"modified":"2025-10-23T14:28:21","modified_gmt":"2025-10-23T14:28:21","slug":"selectives-npw-expand-in-q325-as-underwriting-performance-improves","status":"publish","type":"post","link":"http:\/\/xinetica.com\/index.php\/2025\/10\/23\/selectives-npw-expand-in-q325-as-underwriting-performance-improves\/","title":{"rendered":"Selective\u2019s NPW expand in Q3\u201925 as underwriting performance improves"},"content":{"rendered":"

Selective Insurance Group has reported net premiums written of $1.21 billion for Q3 2025, a 4% increase from $1.16 billion in the same period of 2024.<\/p>\n

\"selective-insurance-logo\"The firm\u2019s combined ratio also improved to 98.6%, reflecting a stronger underwriting performance.<\/p>\n

According to Selective, the growth in net premiums written was driven by renewal pure price increases averaging 9.6%.<\/p>\n

On the combined ratio, the company noted that catastrophe losses contributed 2.1 points, while net unfavourable prior-year casualty reserve development added 3.3 points, stemming from approximately $40 million in reserve strengthening, primarily within standard commercial lines.<\/p>\n

Selective’s underwriting income reached $13.2 million in Q3 2025, a considerable increase from $4.1 million in Q3 2024.<\/p>\n

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\"Brit<\/a><\/div>\n<\/div>\n

The firm’s total revenues were also up, hitting $1.36 billion in the quarter, with a return on common equity of 14%.<\/p>\n

Notably, Selective’s after-tax net investment income was $110 million in Q3 2025, up 18% from Q3 2024.<\/p>\n

John J. Marchioni, Chairman, President and Chief Executive Officer of Selective, commented, \u201cOur full-year combined ratio outlook remains at 97 to 98%. We believe our focus on improving underwriting margins and investing in areas that support long-term, profitable growth positions us for stronger, more sustainable performance.<\/p>\n

“This quarter, we expanded our Standard Commercial Lines footprint into Kansas, and we plan to enter Montana and Wyoming in 2026.<\/p>\n

“We\u2019ve strategically added 14 states over the last 8 years, significantly growing our market and advancing our stated goal of operating our Standard Commercial Lines business with a near-national footprint.\u201d<\/p>\n

Marchioni continued, \u201cWe remain committed to our long-term capital management strategy \u2013 prioritising investments in insurance operations that drive profitable growth, targeting 20% to 25% of our earnings returned through dividends over time, and opportunistically repurchasing shares.<\/p>\n

“This quarter, we are pleased to announce a 13% increase in our quarterly dividend \u2013 our twelfth consecutive annual increase \u2013 and a new $200 million share repurchase program authorisation, replacing the prior program.<\/p>\n

“We repurchased $36 million of common stock in the quarter under our prior authorisation. Together, these actions underscore our unwavering commitment to delivering long-term value to shareholders.”<\/p>\n

The post Selective’s NPW expand in Q3’25 as underwriting performance improves<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Selective Insurance Group has reported net premiums written of $1.21 billion for Q3 2025, a 4% increase from $1.16 billion […]<\/p>\n","protected":false},"author":1,"featured_media":1504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/2946"}],"collection":[{"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/comments?post=2946"}],"version-history":[{"count":3,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/2946\/revisions"}],"predecessor-version":[{"id":2949,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/2946\/revisions\/2949"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/media\/1504"}],"wp:attachment":[{"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/media?parent=2946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/categories?post=2946"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/tags?post=2946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}