Reinsurance News
Selective Insurance Group
Selective Insurance appoints Nathan Rugge as EVP & Chief Actuary
12th November 2025
Selective Insurance Group, Inc. has announced the appointment of Nathan Rugge, Senior Vice President, Chief Corporate Actuary, Reserving, as its new Executive Vice President (EVP), Chief Actuary. Rugge will assume the role following the retirement of Vincent Senia, effective January 2026. Senia joined Selective in 2010 and has served as EVP, Chief ... Read the full article
Selective adds Julie Parsons as Independent Director
4th November 2025
Selective Insurance Group, Inc. has appointed Julie Parsons to its Board of Directors as an Independent Director, effective November 3rd, 2025. With this addition, Selective’s Board is now composed of 12 directors, 11 of whom are independent. Parsons is an industry veteran with extensive experience in product development, digital transformation, and customer ... Read the full article
Selective’s NPW expand in Q3’25 as underwriting performance improves
23rd October 2025
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. The firm’s combined ratio also improved to 98.6%, reflecting a stronger underwriting performance. According to Selective, the growth in net premiums written was driven by renewal ... Read the full article
Selective reports Q2’25 net income growth and improved CoR amid market headwinds
24th July 2025
Selective Insurance Group has announced its financial results for the second quarter of 2025, reporting net income growth to $83.6 million from $65.6 million in the same period last year, 12% increase in net premiums written (NPW) and an improved combined ratio of 100.2%. The insurer’s combined ratio marks a 15.9-point ... Read the full article
Selective Insurance appoints Ari Moskowitz as Chief Risk & Reinsurance Officer
25th June 2025
Selective Insurance has announced the appointment of Ari Moskowitz as Chief Risk & Reinsurance Officer. Moskowitz brings nearly 20 years of re/insurance industry experience, with strong expertise in actuarial pricing and risk management. He rejoins Selective Insurance, where he previously served as an Actuarial Analyst from 2009 to 2010, focusing on actuarial ... Read the full article
Selective Insurance reports 34% rise in net income to $108m in Q1’25
28th April 2025
Selective Insurance Group has reported its financial results for the first quarter of 2025, reporting net income of $107.6 million, $1.24 billion in net written premiums (NWP) and an improved combined ratio of 96.1%. The company achieved a 7% year-over-year increase in NWP, mainly driven by renewal pure price increases of ... Read the full article
Selective Insurance reports 10% rise in NPW for Q4’24
30th January 2025
For the fourth quarter of 2024, Selective Insurance has reported a 10% rise in net premiums written (NPW) to $1.089 billion from Q4 2023's $991.5 million, while full year 2024 NPW grew 12% year-on-year to $4.6 billion from $4.1 billion in 2023. Starting with the quarter, the insurer has reported a ... Read the full article
Selective sees net income growth, cat losses increase CoR in Q3’24
22nd October 2024
Selective Insurance Group, Inc. has announced its financial result for the third quarter of 2024, reporting an improved net income of $90.0 million and $1,157.6 million net premiums written (NPW). According to the insurer, NPW increased 9% from a year ago driven by accelerating renewal pure price increases and stable Standard ... Read the full article
Patrick Brennan joins Selective Insurance as CFO
25th September 2024
Selective Insurance Group, Inc. has appointed Patrick S. Brennan as Chief Financial Officer (CFO), effective October 1st, 2024. As Brennan takes over the new position, Tony Harnett, who served as the interim CFO, will continue as Selective’s Senior Vice President and Chief Accounting Officer. Brennan brings nearly two decades of insurance industry ... Read the full article
Selective sees Q2 net loss as combined ratio climbs to 116.1%
19th July 2024
Selective Insurance has reported a net loss of $65.6 million for Q2 of 2024, with a combined ratio of 116.1% in what the firm described as a "challenging" quarter. According to the firm, a net unfavourable prior year casualty reserve development of $176 million increased the combined ratio by 16.3 points ... Read the full article
Selective Insurance appoints Kate Sampson to Board of Directors
4th July 2024
Selective Insurance Group, Inc. has appointed Kate Sampson to its Board of Directors, effective July 1st, 2024, taking the number of members on the Board to 13, before expected retirements. Sampson is an industry veteran with over 25 years of experience in financial, operational, and management roles. She began her career ... Read the full article
Selective reports NPW of $1.16bn in Q1’24 results
2nd May 2024
Selective Insurance Group has reported $1.16 billion in net premiums written (NPW) for the first quarter of 2023, marking a notable 16% increase, equivalent to $157 million, compared to the first quarter of 2023. For Q1, Standard Commercial Lines premiums, which account for 80% of the total NPW, experienced a robust ... Read the full article
Selective Insurance lifts property cat reinsurance limit to $1.1bn at Jan renewal
5th February 2024
Selective Insurance has disclosed that it successfully renewed its property catastrophe reinsurance program effective January 1 2024, going to market with a $1.1 billion limit in excess of a $100 million retention, compared to its expiring $915 million limit in excess of a $60 million retention. “While the expiring program had ... Read the full article
Selective reports $991.5m in NPW in Q4 results
1st February 2024
Selective Insurance Group has posted $991.5 million in net premiums written (NPW) for the fourth quarter of 2023, representing a 17% or $142 million increase from the prior year period. For Q4, Standard Commercial Lines premiums (representing 77% of total NPW) increased 13% from a year ago. Selective noted that the premium ... Read the full article
Selective Insurance posts 17% rise in NPW in Q3
2nd November 2023
Selective Insurance has posted a 17% rise in net premiums written (NPW) for the third quarter of 2023, sitting at $1,058 billion, representing a $155 million increase from last year's $903.4 million. For the nine months ended September 30, NPW came in at $3,143 billion, compared to $2,723.9 billion from the ... Read the full article
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