For Q4, Selective posted a net income of $2.52 per share. Net premiums written (NPW) rose 4% year-on-year to $1.13 billion, while net premiums earned increased 7% to $1.22 billion. The Q4 combined ratio improved to 93.8%, a 4.7-point gain on the 98.5% reported a year earlier. Catastrophe losses added 1.7 points to the ratio, compared with a 0.9-point benefit in Q4 2024, but there was no prior year casualty reserve development. In the same quarter of 2024, adverse development added 8.8 points.
Selective Insurance reports stronger 2025 financial results
