Selective Insurance Group, Inc. (SIGI) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments356472166222196156
Cash and cash equivalents0110124
Short-term investments355472166222195132
Restricted cash and investments816    
Total current assets:363488166222196156
Noncurrent Assets
Finance lease, right-of-use asset1
Operating lease, right-of-use asset27
Property, plant and equipment776564706659
Intangible assets, net (including goodwill)888888
Goodwill888888
Total noncurrent assets:1137372777467
Other undisclosed assets8,3217,3917,4497,0566,6356,358
TOTAL ASSETS:8,7977,9537,6867,3566,9046,582
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities31  74
Taxes payable31  74
Due to related parties 011  
Total current liabilities:321174
Noncurrent Liabilities
Other undisclosed liabilities6,5996,1595,9735,8245,4995,302
Total liabilities:6,6026,1615,9735,8245,5065,306
Stockholders' equity
Stockholders' equity attributable to parent2,1951,7921,7131,5311,3981,276
Common stock207206205203202200
Treasury stock, value(593)(585)(578)(572)(567)(563)
Additional paid in capital419390368347327305
Accumulated other comprehensive income (loss)82(78)20(16)(9)20
Retained earnings2,0811,8581,6991,5691,4461,313
Total stockholders' equity:2,1951,7921,7131,5311,3981,276
TOTAL LIABILITIES AND EQUITY:8,7977,9537,6867,3566,9046,582

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues2,8462,5862,4702,2842,1322,035
Financial services revenue2,3022,1501,9901,890
Cost of revenue(2,087)(1,993)(1,814)(1,235)(1,149)(1,522)
Policyholder benefits and claims incurred, net(1,551)(1,498)
Deferred policy acquisition costs, amortization expense(536)(495)(469)  (364)
Financial services costs(1,345)(1,235)(1,149)(1,158)
Gross profit:7595936561,049983513
Operating expenses(389)(357)(369)(43)(38)(84)
Operating income:3702362861,006945429
Nonoperating expense
(Investment Income, Nonoperating)
     (11)
Interest and debt expense(34)(24)(24)(23)(22)(22)
Income from continuing operations before equity method investments, income taxes:336212262984923396
Other undisclosed loss from continuing operations before income taxes   (764)(690)(199)
Income from continuing operations before income taxes:336212262220233197
Income tax expense(65)(33)(93)(61)(67)(55)
Net income available to common stockholders, basic:272179169158166142
Dilutive securities, effect on basic earnings per share   111
Net income available to common stockholders, diluted:272179169159167143

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:272179169158166142
Other comprehensive income (loss)160(73)36(7)(29)(5)
Comprehensive income, net of tax, attributable to parent:431106205152137137

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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