Selective Insurance Group has reported fourth quarter net income of $45.8 million, up 51% from a net income of $30.2 million for the fourth quarter of 2017.
For full year 2018, net income was $179 million, compared to $169 million in 2017.
Standard commercial lines premiums, which represented 79% of total 2018 net premiums written, were up 6% in the fourth quarter as well as for the full year, to $449 million and $1.98 billion, respectively.
Favorable prior-year reserve development on casualty lines was $4.5 million in the fourth quarter, up from $2.8 million in the prior-year quarter. The ...
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