Investor Presentaiton
Renewal Pure Price (%)
SELECTIVE
INSURANCE®
Consistently Achieving Price Increases In Alignment with Loss Trend
Commercial Lines Pricing and Retention
SIGI Pricing
ICLIPS Pricing
-SIGI Retention
88%
10.0%
6.0%
2.0%
-2.0%
2009
2011
2013
2015
2017
2019
2021
84%
80%
76%
1Q23
CLIPS: Willis Towers Watson Commercial Lines Insurance Pricing Survey; 1Q23 CLIPS pricing is not
yet available
Retention (%)
.
Selective's renewal pure price increases
exceeded industry average from 2009-2018
•
Attractively priced book with strong embedded
profitability
•
Ability to obtain appropriate price enabled by:
-
―
Strong distribution partner relationships
Sophisticated tools and actionable data
Culture of underwriting discipline
Commercial Lines renewal pure price
increases averaged 7.0% in 1Q23; up
from 5.6% in 4Q22
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