Selective Q4 U/W income falls 36% to $54mn despite 9.5% top line growth
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Selective Q4 U/W income falls 36% to $54mn despite 9.5% top line growth

Jairo Ibarra
February 03, 2022
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Selective Insurance Group reported a 35.7% decline in its Q4 underwriting income to $54mn from $84.1mn in 2020 despite growing earned premiums, as the company’s overall results were affected by higher cat losses.

The underwriting results at the New Jersey-based insurer drove a 15% fall in its earnings per share to $1.56

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Jairo Ibarra
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