Investor Presentaiton
Conservative Reinsurance Program
SELECTIVE
INSURANCE®
40%
Net Single-Event Hurricane Loss* as a % of Equity
30%
20%
10%
*
7%
5%
4%
3%
3%
2%
0%
25
50
100
150
21%
200
250
500
(Return Period in Years)
Single event hurricane losses are net of reinsurance, after tax, and reinstatement premiums as of 1/1/23.
GAAP equity as of 12/31/22.
•
2023 property catastrophe treaty structure
Coverage of $915M in excess of $60M
retention, with net purchased limits
totaling $810M
$216M in collateralized limit, primarily
in the top layer of the program
Property XOL treaty covers losses up to $67M
in excess of $3M retention on a per risk basis
Casualty XOL treaty covers losses up to $88M
in excess of $2M retention on a per
occurrence basis
Balance sheet protection through
conservative program and strong
panel of reinsurance partners
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