Selective Net Income Jumps 32%

NU Online News Service, Nov. 6, 2:15 p.m.EST?Selective Insurance Group Inc. reported net income of$14.7 million for its third quarter, a 32 percent increase comparedto one year ago when the insurer posted $11.1 million in netprofit.

Net premiums written for the Branchville, N.J.-based companyrose to $317.5 million from $267.4 million reported one year ago.Net premiums earned jumped to $289.7 million compared to $252million posted during the year-ago period.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.