Selective Insurance Group, Inc. (SIGI) financial statements (2021 and earlier)

Company profile

Business Address 40 WANTAGE AVENUE
BRANCHVILLE, NJ 07890
State of Incorp. NJ
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments721356472166222196
Cash and cash equivalents001101
Short-term investments720355472166222195
Restricted cash and investments15816   
Total current assets:735363488166222196
Noncurrent Assets
Finance lease, right-of-use asset11
Operating lease, right-of-use asset4027
Property, plant and equipment787765647066
Intangible assets, net (including goodwill)888888
Goodwill888888
Total noncurrent assets:12611373727774
Other undisclosed assets8,8268,3217,3917,4497,0566,635
TOTAL ASSETS:9,6888,7977,9537,6867,3566,904
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1431  7
Taxes payable1431  7
Due to related parties  011 
Total current liabilities:1432117
Noncurrent Liabilities
Liabilities, other than long-term debt27     
Deferred income tax liabilities27 
Total noncurrent liabilities:27     
Other undisclosed liabilities6,9086,5996,1595,9735,8245,499
Total liabilities:6,9496,6026,1615,9735,8245,506
Stockholders' equity
Stockholders' equity attributable to parent2,7392,1951,7921,7131,5311,398
Preferred stock200     
Common stock208207206205203202
Treasury stock, value(600)(593)(585)(578)(572)(567)
Additional paid in capital439419390368347327
Accumulated other comprehensive income (loss)22082(78)20(16)(9)
Retained earnings2,2722,0811,8581,6991,5691,446
Total stockholders' equity:2,7392,1951,7921,7131,5311,398
TOTAL LIABILITIES AND EQUITY:9,6888,7977,9537,6867,3566,904

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues2,9222,8462,5862,4702,2842,132
Financial services revenue2,3022,1501,990
Cost of revenue(2,196)(2,087)(1,993)(1,814)(1,235)(1,149)
Policyholder benefits and claims incurred, net(1,636)(1,551)(1,498)
Deferred policy acquisition costs, amortization expense(560)(536)(495)(469)  
Financial services costs(1,345)(1,235)(1,149)
Gross profit:7267595936561,049983
Operating expenses(392)(389)(357)(369)(43)(38)
Operating income:3343702362861,006945
Interest and debt expense(31)(34)(24)(24)(23)(22)
Income from continuing operations before equity method investments, income taxes:303336212262984923
Other undisclosed loss from continuing operations before income taxes    (764)(690)
Income from continuing operations before income taxes:303336212262220233
Income tax expense(57)(65)(33)(93)(61)(67)
Net income available to common stockholders, basic:246272179169158166
Dilutive securities, effect on basic earnings per share    11
Net income available to common stockholders, diluted:246272179169159167

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:246272179169158166
Other comprehensive income (loss)138160(73)36(7)(29)
Comprehensive income, net of tax, attributable to parent:385431106205152137

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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