Selective Insurance Group reports Q3 2026 results with lower revenue but higher earnings and improved combined ratio
Selective Insurance Group posted third‑quarter 2026 revenue of $1.33 billion, a 2.5% year‑over‑year decline, while net income rose 11.8% to $126.4 million and diluted EPS increased 14.1% to $2.11. The GAAP combined ratio improved to 96.8% from 98.6%, and the company announced a 12% dividend increase and an after‑tax net investment income outlook of $490 million. Management highlighted underwriting discipline, price increases in Standard Commercial Lines (5.7%) and Personal Lines (8.1% renewal price), and the addition of 120 new agency locations.
Why it matters
The higher earnings and lower combined ratio suggest stronger underwriting profitability, which may support the raised dividend and the $490 million investment‑income outlook. The revenue decline and 4% drop in nine‑month premiums written indicate volume pressure, but the improved loss ratio could sustain earnings momentum for investors.
Key facts
- 1Q3 2026 revenue was $1.33 billion, down 2.5% year‑over‑year. finance.yahoo.com
- 2Diluted EPS increased 14.1% year‑over‑year to $2.11. tradingview.com
- 3Net income available to common stockholders rose 11.8% to $126.4 million. tradingview.com
- 4GAAP combined ratio improved to 96.8% from 98.6%. tradingview.com
- 5Standard Commercial Lines renewal pure price rose 5.7% in the quarter. finance.yahoo.com
- 6Personal Lines renewal pure price increased 8.1% in the quarter. finance.yahoo.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.