Selective Insurance Group, Inc. (SIGI) Balance Sheet
SIGI balance sheet, 2025
December 31, 2025 · U.S. dollars$14.13B assets = $10.52B liabilities + $3.61B equity
Both columns are drawn to the same scale: what SIGI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SIGI financial health
Descriptive bands, not a rating. Fiscal 2025.
SIGI balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $6.70B2016 | $14.13B2025 | +8.6%/yr | |
| Total liabilities | $5.17B2016 | $10.52B2025 | +8.2%/yr | |
| Shareholders’ equity | $1.53B2016 | $3.61B2025 | +10.0%/yr | |
| Cash & short-term investments | $37.4M2016 | $18.0M2025 | −7.8%/yr | |
| Total debt | $429.6M2016 | $1.01B2025 | +9.9%/yr | |
| Net cash (debt) | −$392.2M2016 | −$989.3M2025 | −$597.0M | |
| Working capital | −$460.7M2016 | −$940.4M2025 | −$479.7M | |
| Book value per share | $26.072016 | $59.072025 | +9.5%/yr | |
| Debt / equity | 0.282016 | 0.282025 | 0.00 | |
| Shares outstanding | 58.7M2016 | 61.1M2025 | +0.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SIGI assets
SIGI liabilities and equity
SIGI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SIGI balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $18.0M | $63.0M | $13.3M | $26,000 | $455,000 | $394,000 | $300,000 | $16.9M | $534,000 | $37.4M |
| Cash & equivalents | $18.0M | $63.0M | $13.3M | $26,000 | $455,000 | $394,000 | $300,000 | $16.9M | $534,000 | $37.4M |
| Short-term investments | $1.24B | $1.10B | $7.81B | $770.9M | $949.8M | $844.2M | $677.7M | $525.7M | $5.51B | $651.3M |
| Receivables | $1.53B | $1.47B | $1.31B | $1.87B | $1.59B | $1.47B | $1.44B | $770.5M | $1.39B | $681.6M |
| Inventory | $0 | $0 | −$4.18B | −$3.82B | −$3.58B | −$3.21B | −$3.00B | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $4.18B | $1.94B | $1.99B | $1.74B | $1.55B | $0 | $0 | $0 |
| Total current assets | $1.55B | $1.53B | $1.33B | $26,000 | $455,000 | $394,000 | $300,000 | $787.4M | $534,000 | $719.0M |
| Property, plant & equipment (net) | $208.2M | $138.4M | $124.5M | $126.7M | $117.7M | $117.9M | $103.9M | $65.2M | $64.0M | $69.6M |
| Goodwill & intangible assets | $500.1M | $487.2M | $432.7M | $376.5M | $334.8M | $296.4M | $279.0M | $260.5M | $242.9M | $230.4M |
| Long-term investments | $10.51B | $8.88B | $8.02B | $7.25B | $7.52B | $7.55B | $6.73B | $6.00B | $5.73B | $5.41B |
| Other non-current assets | $1.36B | $1.33B | $1.17B | $3.05B | $2.49B | $1.72B | $1.68B | $198.6M | $1.65B | $276.1M |
| Total assets | $14.13B | $12.36B | $11.08B | $10.80B | $10.46B | $9.69B | $8.80B | $7.31B | $7.69B | $6.70B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $115.2M | $4.58B | $128.9M | $129.7M | $118.0M | $131.8M | $132.9M |
| Short-term debt | $13.1M | $12.6M | $10.6M | $9.8M | $9.6M | $58.7M | $58.7M | $58.5M | $439.1M | $63.1M |
| Deferred revenue | $2.48B | $2.38B | $2.13B | $172.7M | $1.62B | $1.45B | $1.36B | $1.27B | $1.20B | $1.12B |
| Total current liabilities | $2.49B | $2.39B | $2.14B | $115.2M | $121.1M | $114.9M | $126.8M | $1.33B | $131.8M | $1.18B |
| Long-term debt | $898.3M | $501.7M | $501.3M | $504.7M | $506.1M | $550.7M | $550.6M | $439.5M | $439.1M | $438.7M |
| Lease obligations | $3.6M | $6.3M | $2.6M | $3.7M | $5.4M | $500,000 | $737,000 | — | — | — |
| Other long-term liabilities | $7.13B | $6.35B | $5.48B | $7.65B | $6.85B | $6.28B | $5.92B | $3.75B | $5.40B | $4.73B |
| Total liabilities | $10.52B | $9.24B | $8.12B | $8.27B | $7.48B | $6.95B | $6.60B | $5.52B | $5.97B | $5.17B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $212.0M | $211.2M | $210.4M | $209.7M | $208.9M | $208.1M | $207.0M | $205.7M | $204.6M | $203.2M |
| Retained earnings (deficit) | $3.50B | $3.14B | $3.03B | $2.75B | $2.60B | $2.27B | $2.08B | $1.86B | $1.70B | $1.57B |
| Treasury stock | — | — | — | −$627.3M | −$608.9M | −$599.9M | −$592.8M | −$584.7M | −$578.1M | −$572.1M |
| Accumulated other comprehensive income | −$151.7M | −$336.8M | −$373.0M | −$498.0M | $115.1M | $220.2M | $81.8M | −$78.0M | $20.2M | −$15.9M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $3.61B | $3.12B | $2.95B | $2.53B | $2.98B | $2.74B | $2.19B | $1.79B | $1.71B | $1.53B |
| Key figures | ||||||||||
| Total debt | $1.01B | $555.7M | $547.6M | $514.5M | $515.6M | $609.4M | $609.3M | $431.7M | $439.1M | $429.6M |
| Net cash (debt) | −$989.3M | −$492.6M | −$534.3M | −$514.4M | −$515.2M | −$609.1M | −$609.0M | −$414.8M | −$438.6M | −$392.2M |
| Working capital | −$940.4M | −$862.7M | −$811.6M | −$115.2M | −$120.6M | −$114.5M | −$126.5M | −$545.3M | −$131.3M | −$460.7M |
| Tangible book value | $3.11B | $2.63B | $2.52B | $2.15B | $2.65B | $2.44B | $1.92B | $1.53B | $1.47B | $1.30B |
| Book value per share | $59.07 | $50.90 | $48.46 | $41.52 | $49.17 | $45.43 | $36.58 | $30.01 | $28.86 | $26.07 |
| Shares outstanding | 61.1M | 61.3M | 61.0M | 60.9M | 60.7M | 60.3M | 60.0M | 59.7M | 59.4M | 58.7M |
| Current ratio | 0.62 | 0.64 | 0.62 | 0.00 | 0.00 | 0.00 | 0.00 | 0.59 | 0.00 | 0.61 |
| Quick ratio | 0.62 | 0.64 | 0.62 | 16.25 | 13.17 | 12.79 | 11.38 | 0.59 | 10.52 | 0.61 |
| Debt / equity | 0.28 | 0.18 | 0.19 | 0.20 | 0.17 | 0.22 | 0.28 | 0.24 | 0.26 | 0.28 |
| Equity / assets | 25.5% | 25.2% | 26.7% | 23.4% | 28.5% | 28.3% | 25.0% | 24.5% | 22.3% | 22.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $379.4M | $999.3M | $18.0M | $24.2M | $38.2M | $108.3M | $63.0M | $12.7M | $10.9M | $11.8M | $13.3M | $13.3M |
| Cash & equivalents | $557,000 | $176,000 | $18.0M | $24.2M | $38.2M | $108.3M | $63.0M | $12.7M | $10.9M | $11.8M | $13.3M | $13.3M |
| Short-term investments | $378.9M | $999.1M | $9.46B | $1.15B | $8.88B | $8.61B | $1.10B | $1.19B | $1.01B | $830.0M | $7.81B | $743.5M |
| Receivables | $1.64B | $2.58B | $1.53B | $1.62B | $1.66B | $1.54B | $1.47B | $1.53B | $1.58B | $1.44B | $1.31B | $1.33B |
| Inventory | −$1.2M | $0 | $0 | $0 | $0 | $0 | $0 | −$2.11B | −$2.01B | −$4.44B | −$4.18B | −$4.16B |
| Other current assets | $284.6M | $277.6M | $0 | $0 | $0 | $0 | $0 | $2.11B | $2.01B | $4.44B | $4.18B | $4.16B |
| Total current assets | $2.30B | $3.86B | $1.55B | $1.64B | $1.70B | $1.65B | $1.53B | $1.54B | $1.59B | $1.45B | $1.33B | $1.34B |
| Property, plant & equipment (net) | $116.5M | $109.9M | $208.2M | $102.4M | $100.0M | $100.1M | $138.4M | $92.2M | $89.2M | $82.7M | $124.5M | $81.4M |
| Goodwill & intangible assets | $7.8M | $499.1M | $500.1M | $7.8M | $7.8M | $7.8M | $7.8M | $7.8M | $484.4M | $456.2M | $432.7M | $433.6M |
| Long-term investments | $10.72B | $10.59B | $10.51B | $10.27B | $9.75B | $9.53B | $8.88B | $8.88B | $8.30B | $8.05B | $8.02B | $7.49B |
| Other non-current assets | $2.47B | $263.3M | $1.36B | $1.74B | $1.78B | $1.75B | $1.81B | $1.66B | $1.20B | $1.16B | $1.17B | $1.19B |
| Total assets | $15.62B | $15.32B | $14.13B | $13.76B | $13.33B | $13.04B | $12.36B | $12.19B | $11.66B | $11.20B | $11.08B | $10.54B |
| Liabilities | ||||||||||||
| Short-term debt | — | — | $13.1M | — | — | — | $12.6M | — | — | — | $10.6M | — |
| Deferred revenue | $2.77B | $2.75B | $2.48B | $2.57B | $2.56B | $2.46B | $2.38B | $2.42B | $2.38B | $2.23B | $2.13B | $2.14B |
| Total current liabilities | $10.57B | $2.87B | $2.49B | $2.57B | $2.56B | $2.46B | $2.39B | $2.42B | $2.38B | $2.23B | $2.14B | $2.14B |
| Long-term debt | $898.7M | $898.5M | $898.3M | $898.1M | $897.9M | $897.7M | $501.7M | $501.6M | $501.5M | $501.4M | $501.3M | $501.2M |
| Lease obligations | $2.2M | $2.9M | $3.6M | $4.2M | $4.9M | $5.6M | $6.3M | $6.7M | $7.3M | $1.9M | $2.6M | $3.4M |
| Other long-term liabilities | $484.9M | $7.97B | $7.13B | $6.80B | $6.50B | $6.42B | $6.35B | $6.09B | $5.86B | $5.46B | $5.48B | $5.25B |
| Total liabilities | $11.95B | $11.73B | $10.52B | $10.27B | $9.97B | $9.78B | $9.24B | $9.02B | $8.74B | $8.19B | $8.12B | $7.89B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $212.5M | $212.4M | $212.0M | $211.9M | $211.8M | $211.7M | $211.2M | $211.1M | $211.0M | $210.9M | $210.4M | $210.3M |
| Retained earnings (deficit) | $3.67B | $3.57B | $3.50B | $3.37B | $3.28B | $3.22B | $3.14B | $3.07B | $3.00B | $3.09B | $3.03B | $2.93B |
| Accumulated other comprehensive income | −$225.1M | −$222.6M | −$151.7M | −$167.3M | −$230.6M | −$272.1M | −$336.8M | −$211.9M | −$392.7M | −$385.0M | −$373.0M | −$575.9M |
| Total shareholders' equity | $3.66B | $3.59B | $3.61B | $3.49B | $3.37B | $3.26B | $3.12B | $3.17B | $2.92B | $3.01B | $2.95B | $2.64B |
| Key figures | ||||||||||||
| Total debt | $901.0M | $901.4M | $1.01B | $902.3M | $902.7M | $903.2M | $555.7M | $508.2M | $508.8M | $503.3M | $547.6M | $504.6M |
| Net cash (debt) | −$521.5M | $97.9M | −$989.3M | −$878.2M | −$864.5M | −$794.9M | −$492.6M | −$495.6M | −$497.9M | −$491.5M | −$534.3M | −$491.2M |
| Working capital | −$8.27B | $991.0M | −$940.4M | −$925.7M | −$862.4M | −$814.5M | −$862.7M | −$879.7M | −$788.3M | −$782.1M | −$811.6M | −$793.6M |
| Tangible book value | $3.66B | $3.09B | $3.11B | $3.48B | $3.36B | $3.25B | $3.11B | $3.16B | $2.44B | $2.55B | $2.52B | $2.21B |
| Book value per share | $60.85 | $59.30 | $59.46 | $57.21 | $54.97 | $53.16 | $50.90 | $51.68 | $47.99 | $49.12 | $48.43 | $43.34 |
| Shares outstanding | 60.2M | 60.5M | 60.7M | 61.0M | 61.3M | 61.3M | 61.3M | 61.3M | 60.9M | 61.2M | 61.0M | 61.0M |
| Current ratio | 0.22 | 1.35 | 0.62 | 0.64 | 0.66 | 0.67 | 0.64 | 0.64 | 0.67 | 0.65 | 0.62 | 0.63 |
| Quick ratio | 0.19 | 1.25 | 0.62 | 0.64 | 0.66 | 0.67 | 0.64 | 0.64 | 0.67 | 0.65 | 0.62 | 0.63 |
| Debt / equity | 0.25 | 0.25 | 0.28 | 0.26 | 0.27 | 0.28 | 0.18 | 0.16 | 0.17 | 0.17 | 0.19 | 0.19 |
| Equity / assets | 23.5% | 23.4% | 25.5% | 25.4% | 25.3% | 25.0% | 25.2% | 26.0% | 25.1% | 26.9% | 26.7% | 25.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 9, 2026); data from EODHD.
SIGI financial position
At the end of fiscal 2025 (December 31, 2025), Selective Insurance had total assets of $14.1 billion (up 14.3% from a year earlier), total liabilities of $10.5 billion and shareholders' equity of $3.6 billion. It held $18.0 million in cash and short-term investments against $1.0 billion of debt, net debt of $989.3 million. Its current ratio was 0.62. In the latest quarter (ended June 30, 2026) total assets were $15.6 billion and equity $3.7 billion.
Related: SIGI income statement, SIGI cash flow statement, SIGI key metrics. See the SIGI stock overview for the latest quote and news.
SIGI balance sheet FAQ
What are Selective Insurance's total assets?
Selective Insurance reported total assets of $14.1 billion at the end of fiscal 2025 (December 31, 2025), compared with $12.4 billion a year earlier.
How much debt does Selective Insurance have?
Selective Insurance had $1.0 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.28.
How much cash does Selective Insurance have?
Selective Insurance held $18.0 million in cash and short-term investments at the end of fiscal 2025; with $1.0 billion of debt that is net debt of $989.3 million.
What is Selective Insurance's book value?
Selective Insurance's shareholders' equity (book value) was $3.6 billion at the end of fiscal 2025, or $59.07 per share.
What is Selective Insurance's current ratio?
Selective Insurance had current assets of $1.6 billion and current liabilities of $2.5 billion, a current ratio of 0.62 (current liabilities exceed current assets).
How much goodwill does Selective Insurance have?
Selective Insurance carried $500.1 million of goodwill and intangible assets, 3.5% of total assets, at the end of fiscal 2025.