EX-99.2 3 q32024pressreleasesuppleme.htm EX-99.2 Document

Exhibit 99.2















selectiveinsurancergb.jpg


财务补充
2024年第三季度


前瞻性声明

本报告中的某些陈述，包括参考的信息，属于1995年《私人证券诉讼改革法案》（"PSLRA"）定义的“前瞻性陈述”。 PSLRA根据1933年证券法和1934年证券交易法为前瞻性陈述提供了避风港。 这些陈述讨论了我们的意图、信念、预测、估计或未来事件和财务表现。 它们涉及已知和未知的风险、不确定性和其他因素，可能导致我们或我们所在行业的实际结果、活动水平或表现与前瞻性陈述中的结果或含义有实质不同。 在某些情况下，前瞻性陈述包括“可能”、“将”、“能够”、“应该”、“期望”、“计划”、“预期”、“属性”、“自信”、“坚定”、“目标”、“项目”、“打算”、“相信”、“估计”、“预测”、“潜力”、“财务数据”、“寻求”、“可能”、“继续”或类似术语。 我们的前瞻性陈述仅为预测；我们无法保证或确保这些期望会被证明正确。 我们不承诺公开更新或修订任何前瞻性陈述，除非法律要求。

可能导致我们的实际结果与我们在前瞻性陈述中所预测、预计或估计的结果有重大差异的因素包括但不限于：
•经济、全球资本市场、银行业、商业房地产等面临的挑战条件，包括长期较高的通货膨胀，可能会增加损失成本，并对投资组合产生负面影响；
•公共债务、公共股权或私人投资市场的恶化可能导致投资损失和利率波动；
•我们持有的个别证券的评级下调可能会影响投资价值，进而影响法定盈余；
•我们损失准备金和损失费用准备金的充分性；
•频率和严重程度都在增加的灾难事件，包括可能受气候变化影响的自然事件，如飓风、严重对流风暴、龙卷风、风暴、地震、冰雹、严重冬季天气、洪水和火灾，以及犯罪和恐怖行为等人为事件，包括网络攻击、爆炸和公民动荡；
•不利市场、政府、监管、法律、政治或司法条件或行动，包括社会通胀；
•我们业务在美国东部地区的显著地理集中；
•再保险的成本、条款和条件以及可获得性；
•我们收集再保险和再保险人的清偿能力以及再保人的偿付能力；
•美国贸易政策变化和对进口征收关税的影响可能导致我们的损失和损失费用出现高于预期的通货膨胀趋势；
•关于COVID-19，我们已成功根据我们业务的条款、条件和除外条款，成功抵御了与COVID-19相关的业务中断损失的支付。然而，如果最高法院做出不同判断，我们的损失和损失支出可能会增加，我们相关的储备可能不足，我们的财务状况和流动性可能会受到重大影响。
•持续的战争和冲突影响全球经济、银行、商品和金融市场，加剧了已经存在的经济挑战，包括通货膨胀和供应链中断，进而影响保险损失成本、保费和投资估值；
•与保险费率提高和业务留存相关的不确定性;
•影响我们在一个或多个州编写和/或停止编写保险政策的保险监管变更;
•数据隐私或网络安全法律法规对我们运营的影响;
•我们内部控制或信息技术和应用系统出现重大缺陷或故障，导致我们品牌在市场上受损，高级主管过多关注危机和声誉管理问题，以及/或开支增加，特别是如果我们遭遇重大隐私泄露；
•可能存在对我们运营构成一定风险的税收或联邦金融监管改革条款；
•我们有能力保持来自评级机构(包括Am Best、标准普尔、穆迪和菲奇)的有利金融评级，其中可能包括可持续性考虑因素；
•我们进入新市场和业务；以及
•我们在提交给美国证券交易委员会的文件中识别出的其他风险和不确定性，包括我们的年度10-k表格和其他定期报告。


选择性保险集团股份有限公司及其子公司

目录

合并财务亮点
截至2020年6月30日和2019年6月30日三个月和六个月的营业额
合并资产负债表
财务指标
保险业务合并利润表
标准商业业务利润表和补充数据
标准商业业务GAAP业务线成果
个人标准业务的经营报告和补充数据
个人标准业务GAAP业务线结果
超额和残值业务的经营报告和补充数据
超额和残值业务GAAP业务线结果
投资收入汇总
投资资产组合的合并
投资资产的信用质量
净利润（亏损）调节归属普通股股东的非GAAP经营收入（亏损）和某些其他非GAAP指标
评级和联系信息




选择性保险集团股份公司及其子公司

合并财务亮点
(未经审计)

季度结束截至年底
9月30日，6月30日,3月31日，12月31日，9月30日，9月30日，9月30日，
（单位：美元，股数以百万计，除每股数据外）2024202420242023202320242023
截至期末
总保险费收入$1,343.1 1,406.2 1,321.9 1,149.7 1,223.5 4,071.1 3,599.8 
净保险费1,157.6 1,226.1 1,156.6 991.5 1,058.3 3,540.4 3,143.0 
净保费写入变动，与去年同期相比9 %13 16 17 17 13 15 
税前核保收益（损失）$5.3 (173.7)19.0 63.6 31.6 (149.4)69.2 
税前净投资收益117.8 108.6 107.8 98.6 100.9 334.3 290.1 
税前净实现和未实现投资收益（损失）5.4 1.3 (1.6)5.4 (6.9)5.1 (9.0)
$92.3 (63.3)82.5 124.8 89.2 111.5 240.4 
净利润(可供普通股股东使用)(1)
90.0 (65.6)80.2 122.5 86.9 104.6 233.5 
非通用会计原则下的营业收入（亏损）(2)
85.7 (66.6)81.5 118.3 92.3 100.6 240.6 
期末
总资产13,473.1 12,565.5 12,056.1 11,802.5 11,428.0 13,473.1 11,428.0 
总投资资产9,635.3 9,021.8 8,745.7 8,693.7 8,195.9 9,635.3 8,195.9 
股东权益3,167.8 2,922.7 3,006.5 2,954.4 2,644.4 3,167.8 2,644.4 
普通股股东权益(3)
2,967.8 2,722.7 2,806.5 2,754.4 2,444.4 2,967.8 2,444.4 
普通股股份数60.8 60.9 60.8 60.6 60.6 60.8 60.6 
每股数据和股东分享数据
净利润（亏损）可供普通股股东每股（摊薄）
$1.47 (1.08)1.31 2.01 1.42 1.71 3.83 
非普通会计净营业收入（亏损）每股普通股（摊薄）(2)
1.40 (1.10)1.33 1.94 1.51 1.64 3.95 
加权平均每股普通股数（摊薄）61.3 60.9 61.2 61.0 61.0 61.3 60.9 
每股普通股账面价值$48.82 44.74 46.17 45.42 40.35 48.82 40.35 
调整后的每股普通股账面价值(2)
50.80 49.67 50.97 50.03 48.54 50.80 48.54 
每股普通股派息0.35 0.35 0.35 0.35 0.30 1.05 0.90 
财务比率
损失和损失准备金比率68.8 %85.7 67.0 62.4 65.8 73.8 65.7 
承保费用比率30.6 30.3 30.9 31.1 30.9 30.6 31.6 
保单持有人红利比率0.1 0.1 0.3 0.2 0.1 0.2 0.2 
GAAP 综合比率99.5 %116.1 98.2 93.7 96.8 104.6 97.5 
普通股股东权益的净利率（"roe"）12.6 (9.5)11.5 18.9 14.1 5.0 12.8 
非通用会计净利率(2)
12.1 (9.6)11.7 18.2 15.0 4.8 13.2 
负债占总资本化13.8 14.8 14.3 14.6 16.0 13.8 16.0 
净保费收入占保户储备比例1.63 1.64 1.55 1.51 1.53 1.63 1.53 
每美元普通股股东权益的投资资产$3.25 3.31 3.12 3.16 3.35 3.25 3.35 
(1)
可供普通股股东使用的净利润减去优先股股利的净利润（亏损）
(2)
非通用会计准则。详见第15页的定义。
(3)
不包括优先股权益相关的股权。
Page 1

Selective Insurance Group, Inc. & Consolidated Subsidiaries

CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ and shares in millions, except per share data)2024202420242023202320242023
Revenues
Net premiums earned$1,112.2 1,080.2 1,050.9 1,001.2 981.9 $3,243.4 2,826.4 
Net investment income earned117.8 108.6 107.8 98.6 100.9 334.3 290.1 
Net realized and unrealized gains (losses)5.4 1.3 (1.6)5.4 (6.9)5.1 (9.0)
Other income8.9 5.8 7.8 5.5 5.2 22.6 13.9 
Total revenues1,244.3 1,196.0 1,165.0 1,110.7 1,081.1 3,605.3 3,121.4 
Expenses
Loss and loss expense incurred765.7925.5 704.3 624.8 645.9 2,395.5 1,859.5 
Amortization of deferred policy acquisition costs235.6226.4 219.4 210.5 201.1 681.4585.7 
Other insurance expenses114.7107.8 116.0 107.8 108.5 338.4325.9 
Interest expense7.37.2 7.2 7.2 7.2 21.621.6 
Corporate expenses4.79.2 15.5 3.4 5.9 29.327.3 
Total expenses1,127.8 1,276.1 1,062.4 953.7 968.6 3,466.3 2,820.0 
Income (loss) before federal income tax
$116.5 (80.1)102.6 157.0 112.5 139.0301.4 
Federal income tax expense (benefit)
24.2 (16.8)20.0 32.1 23.3 27.5 61.0 
Net Income (loss)
$92.3 (63.3)82.5 124.8 89.2 111.5240.4 
Preferred stock dividends2.32.3 2.3 2.3 2.3 6.96.9 
Net income (loss) available to common stockholders
$90.0 (65.6)80.2122.586.9104.6233.5
Net realized and unrealized investment (gains) losses, after tax(1)
(4.3)(1.0)1.3 (4.3)5.4 (4.0)7.1 
Non-GAAP operating income (loss)(2)
$85.7 (66.6)81.5 118.2 92.3 $100.6 240.6 
Weighted average common shares outstanding (diluted)61.360.9 61.2 61.0 61.0 61.360.9 
Net income (loss) available to common stockholders per common share (diluted)
$1.47 (1.08)1.31 2.01 1.42 $1.71 3.83 
Non-GAAP operating income (loss) per common share (diluted)(2)
$1.40 (1.10)1.33 1.94 1.51 $1.64 3.95 
(1)
Amounts are provided to reconcile net income (loss) available to common stockholders to non-GAAP operating income (loss).
(2)
Non-GAAP measure. Refer to Page 15 for definition.
Note: Amounts may not foot due to rounding.
Page 2

Selective Insurance Group, Inc. & Consolidated Subsidiaries

CONSOLIDATED BALANCE SHEETS
(Unaudited)

Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,
($ in millions, except per share data)20242024202420232023
ASSETS
Investments
Fixed income securities, held-to-maturity, net of allowance for credit losses$22.0 19.5 20.3 22.7 23.2 
Fixed income securities, available-for-sale, at fair value, net of allowance for credit losses8,088.6 7,669.0 7,583.5 7,499.2 7,027.1 
Commercial mortgage loans, net of allowance for credit losses223.6 219.5 208.0 188.4 185.9 
Equity securities, at fair value205.6 192.0 194.3 187.2 125.6 
Short-term investments561.0 417.3 247.9 309.3 315.0 
Alternative investments432.0 414.8 402.7 395.8 446.8 
Other investments102.5 89.7 89.0 91.2 72.2 
Total investments

9,635.3 9,021.8 8,745.7 8,693.7 8,195.9 
Cash0.1 0.2 0.1 0.2 0.1 
Restricted cash12.6 10.7 11.7 13.1 13.2 
Accrued investment income73.8 72.3 68.0 66.3 62.2 
Premiums receivable, net of allowance for credit losses1,531.9 1,579.7 1,439.1 1,313.1 1,330.0 
Reinsurance recoverable, net of allowance for credit losses1,057.3 685.6 651.4 656.8 685.3 
Prepaid reinsurance premiums230.7 219.8 208.0 203.3 205.2 
Current federal income tax13.0 38.6 — — — 
Deferred federal income tax100.7 145.9 144.7 140.2 199.3 
Property and equipment, net of accumulated depreciation and amortization92.2 89.2 82.7 83.3 81.4 
Deferred policy acquisition costs488.5 476.5 448.3 424.9 425.8 
Goodwill7.8 7.8 7.8 7.8 7.8 
Other assets229.1 217.4 248.5 199.8 221.7 
Total assets$13,473.1 12,565.5 12,056.1 11,802.5 11,428.0 
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Reserve for loss and loss expense$6,452.0 5,903.5 5,501.8 5,336.9 5,301.4 
Unearned premiums2,655.0 2,598.7 2,441.0 2,330.7 2,342.2 
Long-term debt508.2 508.8 503.3 503.9 504.6 
Current federal income tax— — 26.5 6.3 2.5 
Accrued salaries and benefits113.5 92.6 97.9 122.0 114.2 
Other liabilities576.6 539.2 479.1 548.4 518.6 
Total liabilities
$10,305.3 9,642.8 9,049.6 8,848.2 8,783.5 
Stockholders' Equity
Preferred stock of $0 par value per share$200.0 200.0 200.0 200.0 200.0 
Common stock of $2 par value per share211.1 211.0 210.9 210.4 210.3 
Additional paid-in capital549.8 545.3 534.3 522.7 516.9 
Retained earnings3,069.6 3,001.1 3,088.2 3,029.4 2,928.2 
Accumulated other comprehensive income (loss)
(211.9)(392.7)(385.0)(373.0)(575.9)
Treasury stock, at cost(650.7)(641.9)(641.9)(635.2)(635.1)
Total stockholders' equity$3,167.8 2,922.7 3,006.5 2,954.4 2,644.4 
Commitments and contingencies
Total liabilities and stockholders' equity$13,473.1 12,565.5 12,056.1 11,802.5 11,428.0 
Note: Amounts may not foot due to rounding.
Page 3

Selective Insurance Group, Inc. & Consolidated Subsidiaries

FINANCIAL METRICS
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ and shares in millions, except per share data)2024202420242023202320242023
Book value per common share
Common stockholders' equity$2,967.8 2,722.7 2,806.5 2,754.4 2,444.4 2,967.8 2,444.4 
Common shares issued and outstanding, at period end60.8 60.9 60.8 60.6 60.6 60.8 60.6 
Book value per common share$48.82 44.74 46.17 45.42 40.35 48.82 40.35 
Adjusted book value per common share(2)
50.80 49.67 50.97 50.03 48.54 50.80 48.54 
Financial results (after-tax)
Underwriting income (loss)4.1 (137.2)15.0 50.2 25.0 (118.0)54.7 
Net investment income93.4 86.3 85.6 78.4 80.2 265.3 231.1 
Interest expense and preferred stock dividends(8.0)(8.0)(8.0)(8.0)(8.0)(24.0)(24.0)
Corporate expense(3.8)(7.7)(11.2)(2.4)(4.9)(22.7)(21.3)
Net realized and unrealized investment gains (losses)4.3 1.0 (1.3)4.3 (5.4)4.0 (7.1)
Total after-tax net income (loss) available to common stockholders
90.0 (65.6)80.2 122.5 86.9 104.6 233.5 
Return on average equity
Insurance segments0.6 (19.9)2.2 7.7 4.1 (5.6)3.0 
Net investment income13.1 12.5 12.3 12.1 13.1 12.6 12.7 
Interest expense and preferred stock dividends(1.1)(1.2)(1.1)(1.2)(1.3)(1.1)(1.3)
Corporate expense(0.5)(1.0)(1.7)(0.4)(0.9)(1.1)(1.2)
Net realized and unrealized investment gains (losses)0.5 0.1 (0.2)0.7 (0.9)0.2 (0.4)
ROE12.6 (9.5)11.5 18.9 14.1 5.0 12.8 
Net realized and unrealized (gains) losses(1)
(0.5)(0.1)0.2 (0.7)0.9 (0.2)0.4 
Non-GAAP Operating ROE(2)
12.1 (9.6)11.7 18.2 15.0 4.8 13.2 
Debt and total capitalization
Notes payable:
3.03% Borrowings from Federal Home Loan Bank of Indianapolis60.0 60.0 60.0 60.0 60.0 60.0 60.0 
7.25% Senior Notes49.8 49.8 49.8 49.8 49.8 49.8 49.8 
6.70% Senior Notes99.4 99.4 99.4 99.3 99.3 99.4 99.3 
5.375% Senior Notes292.4 292.3 292.2 292.2 292.1 292.4 292.1 
Finance Lease Obligations6.7 7.3 1.9 2.6 3.4 6.7 3.4 
Total debt508.2 508.8 503.3 503.9 504.6 508.2 504.6 
Stockholders' equity3,167.8 2,922.7 3,006.5 2,954.4 2,644.4 3,167.8 2,644.4 
Total capitalization$3,676.0 3,431.5 3,509.8 3,458.3 3,149.0 3,676.0 3,149.0 
Ratio of debt to total capitalization13.8 14.8 14.3 14.6 16.0 13.8 16.0 
Policyholders' surplus$2,787.5 2,698.8 2,777.3 2,742.3 2,612.5 2,787.5 2,612.5 
(1)
Amounts are provided to reconcile ROE to non-GAAP operating ROE.
(2)
Non-GAAP measure. Refer to Page 15 for definition.
Note: Amounts may not foot due to rounding.
Page 4

Selective Insurance Group, Inc. & Consolidated Subsidiaries

CONSOLIDATED INSURANCE OPERATIONS
STATEMENT OF OPERATIONS
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ in millions)2024202420242023202320242023
Underwriting results
Net premiums written$1,157.6 1,226.1 1,156.6 991.5 1,058.3 3,540.4 3,143.0 
Change in net premiums written, from comparable prior year period9 %13 16 17 17 13 15 
Net premiums earned$1,112.2 1,080.2 1,050.9 1,001.2 981.9 3,243.4 2,826.4 
Losses and loss expenses incurred765.7 925.5 704.3 624.8 645.9 2,395.5 1,859.5 
Net underwriting expenses incurred340.0 327.3 324.4 311.1 303.1 991.6 892.7 
Dividends to policyholders1.4 1.1 3.3 1.8 1.4 5.7 5.0 
GAAP underwriting income (loss)$5.3 (173.7)19.0 63.6 31.6 (149.4)69.2 
Net catastrophe losses$148.8 90.5 55.2 24.6 64.6 294.6 219.9 
(Favorable) unfavorable prior year casualty reserve development— 176.0 35.0 10.0 — 211.0 (16.5)
Underwriting ratios
Loss and loss expense ratio68.8 %85.7 67.0 62.4 65.8 73.8 65.7 
Underwriting expense ratio30.6 30.3 30.9 31.1 30.9 30.6 31.6 
Dividends to policyholders ratio0.1 0.1 0.3 0.2 0.1 0.2 0.2 
Combined ratio99.5 %116.1 98.2 93.7 96.8 104.6 97.5 
Net catastrophe losses13.4 pts8.4 5.3 2.5 6.6 9.1 7.8 
(Favorable) unfavorable prior year casualty reserve development— 16.3 3.3 1.0 — 6.5 (0.6)
Combined ratio before net catastrophe losses86.1 %107.7 92.9 91.2 90.2 95.5 89.7 
Combined ratio before net catastrophe losses and prior year casualty development86.1 %91.4 89.6 90.2 90.2 89.0 90.3 
Other Statistics
Non-catastrophe property loss and loss expenses$146.7 185.5 171.2 172.1 172.8 503.4 478.2 
Non-catastrophe property loss and loss expenses13.2 pts17.2 16.3 17.2 17.6 15.5 16.9 
Direct new business$234.2 267.4 260.8 232.7 232.3 762.4 690.8 
Renewal pure price increases10.5%9.1 8.1 7.4 7.0 9.1 6.6 
Note: Amounts may not foot due to rounding.

Page 5

Selective Insurance Group, Inc. & Consolidated Subsidiaries

STANDARD COMMERCIAL LINES
STATEMENT OF OPERATIONS AND SUPPLEMENTAL DATA
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ in millions)2024202420242023202320242023
Underwriting results
Net premiums written$903.9 963.1 931.7 764.3 833.6 2,798.7 2,517.0 
Change in net premiums written, from comparable prior year period8 %11 15 13 15 11 13 
Net premiums earned$875.4 853.5 834.1 792.1 785.3 2,563.0 2,279.7 
Losses and loss expenses incurred591.6 748.0 555.8 482.6 493.8 1,895.4 1,436.6 
Net underwriting expenses incurred275.1 265.4 264.6 252.9 248.9 805.2 735.7 
Dividends to policyholders1.4 1.1 3.3 1.8 1.4 5.7 5.0 
GAAP underwriting income (loss)$7.3 (160.9)10.4 54.9 41.3 (143.2)102.4 
Net catastrophe losses$100.4 50.9 38.5 16.1 36.7 189.8 134.4 
(Favorable) unfavorable prior year casualty reserve development— 176.0 35.0 5.0 (3.0)211.0 (20.5)
Underwriting ratios
Loss and loss expense ratio67.6 %87.6 66.7 61.0 62.8 74.0 63.0 
Underwriting expense ratio31.4 31.1 31.7 31.9 31.7 31.4 32.3 
Dividends to policyholders ratio0.2 0.1 0.4 0.2 0.2 0.2 0.2 
Combined ratio99.2 %118.8 98.8 93.1 94.7 105.6 95.5 
Net catastrophe losses11.5 pts6.0 4.6 2.0 4.7 7.4 5.9 
(Favorable) unfavorable prior year casualty reserve development— 20.6 4.2 0.6 (0.4)8.2 (0.9)
Combined ratio before net catastrophe losses87.7 %112.8 94.2 91.1 90.0 98.2 89.6 
Combined ratio before net catastrophe losses and prior year casualty development87.7 %92.2 90.0 90.5 90.4 90.0 90.5 
Other Statistics
Non-catastrophe property loss and loss expenses$95.9 124.5 115.0 122.0 122.8 335.4 339.6 
Non-catastrophe property loss and loss expenses11.0 pts14.6 13.8 15.4 15.6 13.1 14.9 
Direct new business$139.2 168.4 172.1 145.2 145.5 479.6 452.3 
Renewal pure price increases9.1 %7.9 7.6 7.3 7.1 8.2 6.9 
Retention86 85 86 86 86 85 85 
Note: Amounts may not foot due to rounding.

Page 6

Selective Insurance Group, Inc. & Consolidated Subsidiaries

STANDARD COMMERCIAL LINES
GAAP LINE OF BUSINESS RESULTS
(Unaudited)

Quarter ended September 30, 2024Quarter ended September 30, 2023
GeneralCommercialCommercialWorkersGeneralCommercialCommercialWorkers
($ in millions)LiabilityAuto
Property(1)
CompensationBOPBondsOtherTotalLiabilityAuto
Property(1)
CompensationBOPBondsOtherTotal
Net premiums written$290.7 281.3 194.9 70.9 44.9 13.2 8.0 903.9 273.9 252.7 174.6 75.6 37.9 11.4 7.6 833.6 
Net premiums earned286.6 269.0 174.9 81.3 43.1 12.5 7.9 875.4 261.6 234.6 152.5 81.7 36.0 11.7 7.3 785.3 
Loss and loss expense ratio64.6 %73.4 80.0 63.0 45.2 (12.7)(0.2)67.6 55.8 75.7 63.3 56.7 68.4 24.7 0.2 62.8 
Underwriting expense ratio30.7 28.8 36.0 25.5 34.3 58.1 47.4 31.4 31.0 29.6 36.0 25.2 35.2 54.9 52.6 31.7 
Dividend ratio— — 0.1 1.4 — — — 0.2 0.1 — 0.1 1.1 — — — 0.2 
Combined ratio95.3 %102.2 116.1 89.9 79.5 45.4 47.2 99.2 86.9 105.3 99.4 83.0 103.6 79.6 52.8 94.7 
Underwriting income (loss)$13.3 (5.9)(28.1)8.2 8.8 6.8 4.2 7.3 34.3 (12.3)1.0 13.9 (1.3)2.4 3.4 41.3 
Year-to-Date September 30, 2024Year-to-Date September 30, 2023
GeneralCommercialCommercialWorkersGeneralCommercialCommercialWorkers
($ in millions)LiabilityAuto
Property(1)
CompensationBOPBondsOtherTotalLiabilityAuto
Property(1)
CompensationBOPBondsOtherTotal
Net premiums written$918.1 864.2 564.9 254.5 132.9 39.5 24.6 2,798.7 838.9 750.1 493.8 264.6 110.2 36.6 22.8 2,517.0 
Net premiums earned840.2 781.4 504.9 251.4 124.7 37.1 23.4 2,563.0 759.4 677.1 429.1 254.6 103.6 34.7 21.1 2,279.7 
Loss and loss expense ratio90.5 %71.5 69.1 61.4 55.1 13.9 0.5 74.0 55.9 74.2 66.3 56.3 71.8 24.7 0.1 63.0 
Underwriting expense ratio31.1 29.3 35.0 25.5 33.5 56.7 47.6 31.4 31.7 30.0 36.7 26.1 35.8 56.6 51.5 32.3 
Dividend ratio0.1 0.1 0.2 1.1 — — — 0.2 — — 0.1 1.5 — — — 0.2 
Combined ratio121.7 %100.9 104.3 88.0 88.6 70.6 48.1 105.6 87.6 104.2 103.1 83.9 107.6 81.3 51.6 95.5 
Underwriting income (loss)$(182.2)(6.8)(21.6)30.2 14.2 10.9 12.1 (143.2)94.1 (28.3)(13.4)41.1 (7.8)6.5 10.2 102.4 
(1) Includes Inland Marine.
Note: Amounts may not foot due to rounding.

Page 7

Selective Insurance Group, Inc. & Consolidated Subsidiaries

STANDARD PERSONAL LINES
STATEMENT OF OPERATIONS AND SUPPLEMENTAL DATA
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ in millions)2024202420242023202320242023
Underwriting results
Net premiums written$111.0 116.1 99.9 107.0 113.2 327.1 307.5 
Change in net premiums written, from comparable prior year period(2)%6 17 27 30 6 31 
Net premiums earned$107.5 106.4 103.8 101.0 95.2 317.8 264.2 
Losses and loss expenses incurred106.1 101.4 84.3 92.5 99.5 291.9 260.6 
Net underwriting expenses incurred25.2 24.3 24.8 25.5 21.8 74.3 65.8 
GAAP underwriting income (loss)$(23.8)(19.3)(5.3)(17.0)(26.1)(48.4)(62.2)
Net catastrophe losses$41.7 25.4 11.8 9.2 24.4 78.9 60.2 
(Favorable) unfavorable prior year casualty reserve development— — — 5.0 3.0 — 9.0 
Underwriting ratios
Loss and loss expense ratio98.7 %95.3 81.2 91.7 104.5 91.8 98.7 
Underwriting expense ratio23.4 22.8 23.9 25.2 22.9 23.4 24.9 
Combined ratio122.1 %118.1 105.1 116.9 127.4 115.2 123.6 
Net catastrophe losses38.8 pts23.9 11.4 9.1 25.6 24.8 22.8 
(Favorable) unfavorable prior year casualty reserve development— — — 5.0 3.2 — 3.4 
Combined ratio before net catastrophe losses83.3 %94.2 93.7 107.8 101.8 90.4 100.8 
Combined ratio before net catastrophe losses and prior year casualty development83.3 %94.2 93.7 102.8 98.6 90.4 97.4 
Other Statistics
Non-catastrophe property loss and loss expenses$38.0 45.4 41.9 42.8 42.5 125.2 114.1 
Non-catastrophe property loss and loss expenses35.3 pts42.6 40.3 42.4 44.7 39.4 43.2 
Direct new business$16.0 22.0 21.3 26.0 31.6 59.3 90.5 
Renewal pure price increases22.8 %20.7 14.3 8.9 6.1 18.5 3.9 
Retention75 78 83 87 88 78 87 
Note: Amounts may not foot due to rounding.

Page 8

Selective Insurance Group, Inc. & Consolidated Subsidiaries

STANDARD PERSONAL LINES
GAAP LINE OF BUSINESS RESULTS
(Unaudited)

Quarter ended September 30, 2024Quarter ended September 30, 2023
PersonalPersonal
($ in millions)AutoHomeownersOtherTotalAutoHomeownersOtherTotal
Net premiums written$54.1 53.0 3.9 111.0 59.5 50.0 3.7 113.2 
Net premiums earned56.6 47.3 3.7 107.5 51.9 40.2 3.1 95.2 
Loss and loss expense ratio81.2 %132.9 (70.0)98.7 100.1 116.1 28.7 104.5 
Underwriting expense ratio24.9 28.4 (64.7)23.4 26.8 27.7 (106.0)22.9 
Combined ratio106.1 %161.3 (134.7)122.1 126.9 143.8 (77.3)127.4 
Underwriting income (loss)$(3.4)(29.0)8.6 (23.8)(14.0)(17.6)5.5 (26.1)
Year-to-Date September 30, 2024Year-to-Date September 30, 2023
PersonalPersonal
($ in millions)AutoHomeownersOtherTotalAutoHomeownersOtherTotal
Net premiums written$168.7 148.5 9.8 327.1 168.3 130.8 8.4 307.5 
Net premiums earned171.1 137.4 9.3 317.8 145.1 112.1 7.1 264.2 
Loss and loss expense ratio87.3 %104.8 (16.3)91.8 94.4 108.9 25.3 98.7 
Underwriting expense ratio25.1 28.0 (76.5)23.4 28.4 29.0 (113.0)24.9 
Combined ratio112.4 %132.8 (92.8)115.2 122.8 137.9 (87.7)123.6 
Underwriting income (loss)$(21.2)(45.1)17.9 (48.4)(33.0)(42.5)13.3 (62.2)
Note: Amounts may not foot due to rounding.

Page 9

Selective Insurance Group, Inc. & Consolidated Subsidiaries

EXCESS AND SURPLUS LINES
STATEMENT OF OPERATIONS AND SUPPLEMENTAL DATA
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ in millions)2024202420242023202320242023
Underwriting results
Net premiums written$142.7 146.8 125.0 120.2 111.6 414.5 318.4 
Change in net premiums written, from comparable prior year period28 %39 24 36 25 30 21 
Net premiums earned$129.3 120.3 113.0 108.1 101.4 362.6 282.5 
Losses and loss expenses incurred68.0 76.2 64.1 49.7 52.6 208.3 162.2 
Net underwriting expenses incurred39.6 37.7 34.9 32.7 32.4 112.2 91.3 
GAAP underwriting income (loss)$21.7 6.5 14.0 25.7 16.4 42.2 29.1 
Net catastrophe losses$6.7 14.3 4.9 (0.7)3.5 25.9 25.4 
(Favorable) unfavorable prior year casualty reserve development— — — — — — (5.0)
Underwriting ratios
Loss and loss expense ratio52.5 %63.3 56.7 45.9 51.9 57.5 57.4 
Underwriting expense ratio30.7 31.3 30.9 30.3 32.0 30.9 32.3 
Combined ratio83.2 %94.6 87.6 76.2 83.9 88.4 89.7 
Net catastrophe losses5.2 pts11.9 4.3 (0.7)3.5 7.1 9.0 
(Favorable) unfavorable prior year casualty reserve development— — — — — — (1.8)
Combined ratio before net catastrophe losses78.0 %82.7 83.3 76.9 80.4 81.3 80.7 
Combined ratio before net catastrophe losses and prior year casualty development78.0 %82.7 83.3 76.9 80.4 81.3 82.5 
Other Statistics
Non-catastrophe property loss and loss expenses$12.9 15.6 14.3 7.3 7.5 42.8 24.6 
Non-catastrophe property loss and loss expenses10.0 pts13.0 12.6 6.8 7.4 11.8 8.7 
Direct new business$79.0 77.0 67.4 61.5 55.2 223.5 148.1 
Renewal pure price increases8.0 %6.4 5.2 6.1 6.6 6.8 7.1 
Note: Amounts may not foot due to rounding.

Page 10

Selective Insurance Group, Inc. & Consolidated Subsidiaries

EXCESS & SURPLUS LINES
GAAP LINE OF BUSINESS RESULTS
(Unaudited)

Quarter ended September 30, 2024Quarter ended September 30, 2023
($ in millions)CasualtyPropertyTotalCasualtyPropertyTotal
Net premiums written$83.3 59.3 142.7 69.8 41.8 111.6 
Net premiums earned77.5 51.9 129.3 67.7 33.7 101.4 
Loss and loss expense ratio62.4 %37.8 52.5 61.4 32.9 51.9 
Underwriting expense ratio31.7 29.1 30.7 31.1 33.7 32.0 
Combined ratio94.1 %66.9 83.2 92.5 66.6 83.9 
Underwriting income (loss)$4.6 17.2 21.7 5.1 11.3 16.4 
Year-to-Date September 30, 2024Year-to-Date September 30, 2023
($ in millions)CasualtyPropertyTotalCasualtyPropertyTotal
Net premiums written$247.0 167.5 414.5 206.9 111.6 318.4 
Net premiums earned223.0 139.6 362.6 190.7 91.9 282.5 
Loss and loss expense ratio62.6 %49.1 57.5 58.9 54.4 57.4 
Underwriting expense ratio31.4 30.3 30.9 31.9 33.1 32.3 
Combined ratio94.0 %79.4 88.4 90.8 87.5 89.7 
Underwriting income (loss)$13.5 28.7 42.2 17.6 11.5 29.1 
Note: Amounts may not foot due to rounding.


Page 11

Selective Insurance Group, Inc. & Consolidated Subsidiaries

CONSOLIDATED INVESTMENT INCOME
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ in millions)2024202420242023202320242023
Net investment income
Fixed income securities
Taxable$96.4 91.5 91.4 88.8 86.7 279.3 242.4 
Tax-exempt2.1 2.4 2.7 3.1 3.4 7.2 11.7 
Total fixed income securities98.5 93.9 94.1 91.9 90.0 286.5 254.0 
Commercial mortgage loans3.2 3.1 2.8 2.7 2.5 9.2 6.7 
Equity securities5.4 1.9 4.9 3.9 2.1 12.1 5.5 
Alternative investments9.0 10.5 6.9 1.1 6.5 26.4 25.6 
Other investments0.3 0.1 0.3 0.1 0.3 0.6 0.5 
Short-term investments6.5 4.7 3.5 3.3 3.9 14.7 11.5 
Investment income122.8 114.3 112.5 103.0 105.3 349.5 303.9 
Investment expenses(5.0)(5.6)(4.6)(4.4)(4.4)(15.3)(13.8)
Investment tax expense(24.4)(22.4)(22.2)(20.1)(20.6)(69.0)(59.0)
Total net investment income, after-tax$93.4 86.3 85.6 78.4 80.2 265.3 231.1 
Net realized and unrealized investment gains (losses), pre-tax$5.4 1.3 (1.6)5.4 (6.9)5.1 (9.0)
Change in unrealized gains (losses) recognized in other comprehensive income, pre-tax$228.0 (10.8)(16.1)275.4 (127.5)201.1 (100.8)
Average investment yields
Fixed income investments, pre-tax5.0 4.9 5.0 5.1 5.1 4.9 5.0 
Fixed income investments, after-tax4.0 3.9 4.0 4.0 4.1 3.9 4.0 
Total portfolio, pre-tax5.0 4.9 4.9 4.7 4.9 4.9 4.8 
Total portfolio, after-tax4.0 3.9 3.9 3.7 3.9 3.9 3.8 
Effective tax rate on net investment income20.7 20.6 20.6 20.4 20.5 20.6 20.3 
New money purchase rates for fixed income investments, pre-tax5.8 6.4 5.8 6.7 6.4 6.0 5.8 
New money purchase rates for fixed income investments, after-tax4.6 5.0 4.6 5.3 5.0 4.7 4.6 
Effective duration of fixed income investments including short-term (in years)3.9 3.9 4.0 4.0 4.1 3.9 4.1 
Note: Amounts may not foot due to rounding.
Page 12

Selective Insurance Group, Inc. & Consolidated Subsidiaries

CONSOLIDATED COMPOSITION OF INVESTED ASSETS
(Unaudited)

Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,
20242024202420232023
($ in millions)AmountPercentAmountPercentAmountPercentAmountPercentAmountPercent
Fixed income securities, at fair value$8,110.0 84 %7,687.6 85 7,602.7 87 7,521.1 87 7,049.0 86 
Commercial mortgage loans, at fair value218.6 2 209.0 2 197.8 2 178.9 2 171.4 2 
Total fixed income investments8,328.7 86 7,896.6 87 7,800.5 89 7,700.0 89 7,220.4 88 
Short-term investments561.0 6 417.4 5 247.9 3 309.3 4 315.0 4 
Total fixed income and short-term investments8,889.7 92 8,314.0 92 8,048.4 92 8,009.3 92 7,535.4 92 
Equity securities, at fair value205.6 2 192.0 2 194.3 2 187.2 2 125.6 2 
Alternative investments432.0 4 414.8 5 402.7 5 395.8 5 446.8 5 
Other investments102.5 1 89.7 1 89.0 1 91.2 1 72.2 1 
Total investments$9,629.8 100  %9,010.5 100 8,734.3 100 8,683.5 100 8,180.0 100 
Fixed income investments, at carry value
U.S. government obligations$125.4 2 %151.0 2 141.8 2 205.0 2 226.7 3 
Foreign government obligations9.7 — 9.2 — 9.2 — 9.8 — 9.3 — 
Obligations of state and political subdivisions492.9 6 525.4 7 539.0 7 586.0 8 614.8 8 
Corporate securities3,048.7 37 2,865.4 36 2,815.3 36 2,733.9 35 2,463.4 34 
Collateralized loan obligations and other asset-backed securities1,946.4 23 1,916.1 24 1,897.1 24 1,834.8 24 1,713.7 24 
Residential mortgage-backed securities 1,740.0 21 1,504.0 19 1,512.0 19 1,477.5 19 1,384.5 19 
Commercial mortgage-backed securities 747.5 9 717.4 9 689.4 9 674.8 9 638.0 9 
Commercial mortgage loans223.6 3 219.5 3 208.0 3 188.4 2 185.9 3 
Total fixed income investments$8,334.1 100  %7,908.0 100 7,811.8 100 7,710.3 100 7,236.3 100 
Expected maturities of fixed income investments at carry value
Due in one year or less$670.4 8 %634.2 8 607.9 8 526.6 7 446.4 6 
Due after one year through five years3,764.6 45 3,622.6 46 3,558.5 45 3,569.2 46 3,308.7 46 
Due after five years through 10 years3,072.6 37 2,872.1 36 2,882.5 37 2,862.5 37 2,511.0 35 
Due after 10 years826.5 10 779.1 10 762.9 10 751.9 10 970.1 13 
Total fixed income investments$8,334.1 100  %7,908.0 100 7,811.8 100 7,710.3 100 7,236.3 100 
Weighted average credit quality of fixed income and short-term investments
Investment grade credit quality$8,591.0 97 %8,002.7 96 7,747.0 96 7,721.4 96 7,250.8 96 
Non-investment grade credit quality298.7 3 311.3 4 301.4 4 287.9 4 284.6 4 
Total fixed income and short-term investments, at fair value$8,889.7 100  %8,314.0 100 8,048.4 100 8,009.3 100 7,535.4 100 
Weighted average credit quality of fixed income and short-term investments AA-  AA-  A+  AA-  A+
Alternative investmentsSeptember 30, 2024
Current
Number ofOriginalRemainingMarket
StrategyFundsCommitmentCommitmentValue
Private equity72 $495.2 191.4 337.9 
Private credit19 163.7 96.7 50.2 
Real assets11 84.5 41.4 43.9 
Total102 $743.4 329.6 432.0 
Note: Amounts may not foot due to rounding.
Page 13

Selective Insurance Group, Inc. & Consolidated Subsidiaries
CREDIT QUALITY OF INVESTED ASSETS
(Unaudited)

At September 30, 2024 Credit Rating
($ in millions)Amortized CostFair
Value		% of Invested AssetsYield to WorstEffective Duration in YearsAverage Life in YearsAAAAAABBBNon-Investment GradeNot Rated
Fixed income investments:
U.S. government obligations140 125 1.3 4.2 6.1 9.2 — 125 — — — — 
Foreign government obligations11 10 0.1 4.6 5.4 6.4 1 2 5 3 — — 
State and municipal obligations512 493 5.1 4.1 5.8 7.3 73 218 185 17 — — 
Corporate securities3,089 3,048 31.7 5.0 4.4 5.8 41 337 1,359 1,115 193 2 
Mortgage-backed securities:
Residential mortgage-backed securities ("RMBS"):
Agency RMBS1,220 1,177 12.2 4.6 4.9 7.3 — 1,177 — — — — 
Non-agency RMBS582 563 5.8 7.1 3.2 4.7 491 41 30 1 — — 
Total RMBS1,802 1,740 18.1 5.4 4.4 6.4 491 1,218 30 1 — — 
Commercial mortgage-backed securities ("CMBS")
Agency CMBS192 187 1.9 4.6 4.2 5.3 34 153 — — — — 
Non-agency CMBS574 560 5.8 5.7 2.8 3.5 486 49 25 — — — 
Total CMBS766 747 7.8 5.4 3.2 4.0 520 202 25 — — — 
Total mortgage-backed securities2,568 2,488 25.8 5.4 4.0 5.7 1,012 1,420 55 1 — — 
Collateralized loan obligations ("CLO") and other asset-backed securities ("ABS"):
Auto132 135 1.4 5.6 1.9 2.0 129 5 1 — — — 
Aircraft57 54 0.6 9.7 3.0 3.5 — — 34 16 4 — 
CLOs845 832 8.6 6.5 2.7 4.9 431 258 45 40 37 20 
Credit cards24 25 0.3 4.4 2.1 2.3 20 5 — — — — 
Other ABS913 900 9.3 6.3 4.3 5.5 238 143 377 103 13 26 
Total CLOs and ABS1,971 1,946 20.2 6.4 3.4 4.9 818 411 457 159 54 47 
Total securitized assets4,539 4,434 46.0 5.8 3.8 5.4 1,830 1,831 512 161 54 47 
Commercial mortgage loans224 219 2.3 6.6 2.8 3.8 — 11 85 120 2 — 
Total fixed income investments8,515 8,329 86.5 5.4 4.1 5.7 1,945 2,525 2,146 1,415 249 49 
Short-term investments561 561 5.8 4.8 0.00.0560 — 1 — — — 
Total fixed income and short-term investments9,076 8,890 92.3 5.4 3.95.32,505 2,525 2,146 1,415 250 49 
Total fixed income securities and short-term investments by credit rating percentage28.2 %28.4 %24.1 %15.9 %2.8 %0.6 %
Equity securities:
Common stock(1)
197 204 2.1 — — — — — — — — 204 
Preferred stock2 2 — — — — — — — 2 — — 
Total equity securities199 206 2.1 — — — — — — 2 — 204 
Alternative investments
Private equity338 338 3.5 — — — — — — — — 338 
Private credit50 50 0.5 — — — — — — — — 50 
Real assets44 44 0.5 — — — — — — — — 44 
Total alternative investments432 432 4.5 — — — — — — — — 432 
Other investments 102 102 1.1 — — — — — — — — 102 
Total invested assets$9,809 $9,630 100.0 %— — — $2,505 $2,525 $2,146 $1,417 $250 $787 
(1) Includes investments in exchange traded funds, mutual funds, business development corporations, and real estate investment trusts.
Note: Amounts may not foot due to rounding.
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Selective Insurance Group, Inc. & Consolidated Subsidiaries

RECONCILIATION OF NET INCOME (LOSS) AVAILABLE TO COMMON STOCKHOLDERS TO NON-GAAP OPERATING INCOME (LOSS) AND CERTAIN OTHER NON-GAAP MEASURES
(Unaudited)

Quarter endedYear-to-date
Sept. 30,June 30,Mar. 31,Dec. 31,Sept. 30,Sept. 30,Sept. 30,
($ in millions, except per share data)2024202420242023202320242023
Reconciliation of net income (loss) available to common stockholders to non-GAAP operating income (loss)
Net income (loss) available to common stockholders
$90.0 (65.6)80.2 122.5 86.9 104.6 233.5 
Net realized and unrealized investment (gains) losses included in net income, before tax(5.4)(1.3)1.6 (5.4)6.9 (5.1)9.0 
Tax on reconciling items1.1 0.3 (0.3)1.1 (1.4)1.1 (1.9)
Non-GAAP operating income (loss)
$85.7 (66.6)81.5 118.3 92.3 100.6 240.6 
Reconciliation of net income (loss) available to common stockholders per diluted common share to non-GAAP operating income (loss) per diluted common share
Net income (loss) available to common stockholders per diluted common share
$1.47 (1.08)1.31 2.01 1.42 1.71 3.83 
Net realized and unrealized investment (gains) losses included in net income, before tax(0.09)(0.02)0.03 (0.09)0.11 (0.08)0.15 
Tax on reconciling items0.02 — (0.01)0.02 (0.02)0.01 (0.03)
Non-GAAP operating income (loss) per diluted common share
$1.40 (1.10)1.33 1.94 1.51 1.64 3.95 
Reconciliation of ROE to non-GAAP operating ROE
ROE12.6 (9.5)11.5 18.9 14.1 5.0 12.8 
Net realized and unrealized investment (gains) losses included in net income, before tax(0.8)(0.2)0.2 (0.8)1.1 (0.2)0.5 
Tax on reconciling items0.3 0.1 — 0.1 (0.2)— (0.1)
Non-GAAP operating ROE12.1 (9.6)11.7 18.2 15.0 4.8 13.2 
Reconciliation of book value per common share to adjusted book value per common share
Book value per common share$48.82 44.74 46.17 45.42 40.35 48.82 40.35 
Total unrealized investment (gains) losses included in accumulated other comprehensive income (loss), before tax
2.50 6.25 6.08 5.83 10.38 2.50 10.38 
Tax on reconciling items(0.52)(1.32)(1.28)(1.22)(2.19)(0.52)(2.19)
Adjusted book value per common share$50.80 49.67 50.97 50.03 48.54 50.80 48.54 
Non-GAAP operating income (loss), non-GAAP operating income (loss) per diluted common share, and non-GAAP operating return on common equity are measures comparable to net income (loss) available to common stockholders, net income (loss) available to common stockholders per diluted common share, and return on common equity, respectively, but excludes after-tax net realized and unrealized gains and losses on investments included in net income (loss). Adjusted book value per common share is a measure comparable to book value per common share, but excludes total after-tax unrealized gains and losses on investments included in accumulated other comprehensive income (loss). These non-GAAP measures are used as important financial measures by management, analysts, and investors, because the timing of realized and unrealized investment gains and losses on securities in any given period is largely discretionary. In addition, net realized and unrealized gains and losses on investments could distort the analysis of trends. These operating measurements are not intended as a substitute for net income (loss) available to common stockholders, net income (loss) available to common stockholders per diluted common share, return on common equity, and book value per common share prepared in accordance with U.S. generally accepted accounting principles (GAAP). Reconciliations of net income (loss) available to common stockholders, net income (loss) available to common stockholders per diluted common share, return on common equity, and book value per common share to non-GAAP operating income (loss), non-GAAP operating income (loss) per diluted common share, non-GAAP operating return on common equity, and adjusted book value per common share, respectively, are provided in the tables above.
Note: Amounts may not foot due to rounding.
Page 15

Selective Insurance Group, Inc. & Consolidated Subsidiaries

RATINGS AND CONTACT INFORMATION

Address:As of September 30, 2024
40 Wantage AvenueAM BestStandard & Poor'sMoody'sFitch
Branchville, NJ 07890Financial Strength Ratings:A+AA2A+
Preferred Stock Rating:n/aBB+Ba1BBB-
Corporate Website:Long-Term Debt Credit Rating:a-BBBBaa2BBB+
www.Selective.com
Investor Contact:REGISTRAR AND TRANSFER AGENT
Brad B. WilsonEQ Shareowner Services
Senior Vice PresidentP.O. Box 64854
Investor Relations & TreasurerSt. Paul, MN 55164
Phone: 973-948-1283866-877-6351
Brad.Wilson@Selective.com
Media Contact:
Jamie M. Beal
Vice President
Director of Communications
Phone: 973-948-1234
Jamie.Beal@Selective.com

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