Selective Insurance Group, Inc. (SIGI) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Investor Relations and Treasurer. Please go ahead. Good morning. Thank you for joining Selective's fourth quarter and full year 2025 earnings conference call. Yesterday, we posted our earnings press release, financial supplement, and investor presentation on Selective.com's investor section. A replay of the webcast will be available there shortly after this call. John Marcioni, our Chairman of the Board, President and Chief Executive Officer, and Patrick Brennan, Executive Vice President and Chief Financial Officer, will discuss results and take your questions. We will reference non-GAAP measures that insurance and investment professionals use to evaluate operational and financial performance. These non-GAAP measures include operating income, operating return on common equity, and adjusted book value per common share. The financial supplements on our website include GAAP reconciliations to any reference non-GAAP financial measures. We will also make statements and projections about our future performance. These are forward-looking statements under the Private Securities Litigation Reform Act of 1995, not guarantees of future performance. These statements are subject to risks and uncertainties that we disclose in our annual, quarterly, and current reports filed with the SEC. We undertake no obligation to update or revise forward-looking statements now I'll turn the call over to John thanks Brad and good morning we are well positioned to build on recent momentum in 2025 we delivered an ROE of 14.4 percent and an operating ROE of 14.2 percent this exceeds our 10-year average operating ROE of 12.1 percent and our five-year average of 12.5 percent We are proud of our long-term track record and are taking clear steps to drive future margin improvement. In 2025, we grew boo...