SELECTIVE INSURANCE GROUP INC
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 9, 2024
SIGI$99.44-2.3%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| SELECTIVE INSURANCE GROUP, INC. | ||
|---|---|---|
| Table of Contents | ||
| PageNo. | ||
| PART I | ||
| Item 1. | Business | 4 |
| Item 1A. | Risk Factors | 23 |
| Item 1B. | Unresolved Staff Comments | 34 |
| Item 1C. | Cybersecurity | 34 |
| Item 2. | Properties | 36 |
| Item 3. | Legal Proceedings | 36 |
| Item 4. | Mine Safety Disclosures | 36 |
| PART II | ||
| Item 5. | Market For Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 36 |
| Item 6. | Reserved | 38 |
| Item 7. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 38 |
| Forward-looking Statements | 38 | |
| Introduction | 38 | |
| Critical Accounting Policies and Estimates | 39 | |
| Financial Highlights of Results for Years Ended December 31, 2023, 2022, and 2021 | 47 | |
| Results of Operations and Related Information by Segment | 50 | |
| Federal Income Taxes | 64 | |
| Liquidity and Capital Resources | 64 | |
| Item 7A. | Quantitative and Qualitative Disclosures About Market Risk | 68 |
| Item 8. | Financial Statements and Supplementary Data | 76 |
| Consolidated Balance Sheets as of December 31, 2023 and 2022 | 78 | |
| Consolidated Statements of Income for the Years Ended December 31, 2023, 2022, and 2021 | 79 | |
| Consolidated Statements of Comprehensive Income for the Years Ended December 31, 2023, 2022, and 2021 | 80 | |
| Consolidated Statements of Stockholders’ Equity for the Years Ended December 31, 2023, 2022, and 2021 | 81 | |
| Consolidated Statements of Cash Flows for the Years Ended December 31, 2023, 2022, and 2021 | 82 | |
| Notes to Consolidated Financial Statements | 83 | |
| Item 9. | Changes in and Disagreements With Accountants on Accounting and Financial Disclosure | 136 |
| Item 9A. | Controls and Procedures | 136 |
| Item 9B. | Other Information | 138 |
| Item 9C. | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 138 |
| PART III | ||
| Item 10. | Directors, Executive Officers and Corporate Governance | 138 |
| Item 11. | Executive Compensation | 138 |
| Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 138 |
| Item 13. | Certain Relationships and Related Transactions, and Director Independence | 138 |
| Item 14. | Principal Accountant Fees and Services | 138 |
| PART IV | ||
| Item 15. | Exhibit and Financial Statement Schedules | 139 |
PART I
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.