Schedule III - Supplementary Insurance Information

12 Months Ended

Dec. 31, 2013

Supplementary Insurance Information [Abstract]

Schedule III- Supplementary Insurance Information



($ in thousands)	Deferred policy acquisition costs		Reserve for loss and loss expenses	Unearned premiums	Net premiums earned	Net investment income¹	Losses and loss expenses incurred	Amortization of deferred policy acquisition costs²	Other operating expenses³	Net premiums written
Standard Insurance Operations Segment	$	156,546	3,189,498	995,830	1,610,951	—	1,037,711	303,540	227,199	1,678,497
E&S Insurance Operations Segment	16,435		160,272	63,325	125,121	—	84,027	28,288	16,541	131,662
Investments Segment	—		—	—	—	155,375	—	—	—	—
Total	$	172,981	3,349,770	1,059,155	1,736,072	155,375	1,121,738	331,828	243,740	1,810,159

¹Includes “Net investment income earned” and “Net realized investment gains” on the Consolidated Statements of Income.

²The total of “Amortization of deferred policy acquisition costs” of $331,828 and “Other operating expenses” of $243,740 reconciles to the Consolidated Statements of Income as follows:



Policy acquisition costs	$	579,977
Other income³	(12,201		)
Other expenses³	7,792
Total	$	575,568

³In addition to amounts related to the Standard and E&S Insurance Operations segments, “Other income” and “Other expenses” on the Consolidated Statements of Income includes holding company income and expense amounts of $93 and $27,894, respectively.

Year ended December 31, 2012



($ in thousands)	Deferred policy acquisition costs		Reserve for loss and loss expenses	Unearned premiums	Net premiums earned	Net investment income¹	Losses and loss expenses incurred	Amortization of deferred policy acquisition costs²	Other operating expenses³	Net premiums written
Insurance Operations Segment	$	141,551	3,948,638	917,918	1,504,890	—	1,057,787	280,700	210,852	1,553,586
E&S Insurance Operations Segment	13,972		120,303	56,788	79,229	—	63,203	17,847	17,737	113,297
Investments Segment	—		—	—	—	140,865	—	—	—	—
Total	$	155,523	4,068,941	974,706	1,584,119	140,865	1,120,990	298,547	228,589	1,666,883

¹Includes “Net investment income earned” and “Net realized investment gains” on the Consolidated Statements of Income.

² The total of “Amortization of deferred policy acquisition costs” of $298,547 and “Other operating expenses” of $228,589 reconciles to the Consolidated Statements of Income as follows:



Policy acquisition costs	$	526,143
Other income³	(8,827		)
Other expenses³	9,820
Total	$	527,136

³ In addition to amounts related to the Standard and E&S Insurance Operations segments, “Other income” and “Other expenses” on the Consolidated Statements of Income includes holding company income and expense amounts of $291 and $20,642, respectively.

SCHEDULE III (continued)

SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES

SUPPLEMENTARY INSURANCE INFORMATION

Year ended December 31, 2011



($ in thousands)	Deferred policy acquisition costs		Reserve for loss and loss expenses	Unearned premiums	Net premiums earned	Net investment income¹	Losses and loss expenses incurred	Amortization of deferred policy acquisition costs²	Other operating expenses³	Net premiums written
Insurance Operations Segment	$	131,043	3,083,359	885,850	1,435,399	—	1,071,815	265,009	195,498	1,461,216
E&S Insurance Operations Segment	4,718		61,565	21,141	3,914	—	3,172	1,052	6,351	24,133
Investments Segment	—		—	—	—	149,683	—	—	—	—
Total	$	135,761	3,144,924	906,991	1,439,313	149,683	1,074,987	266,061	201,849	1,485,349

¹ Includes “Net investment income earned” and “Net realized investment gains” on the Consolidated Statements of Income.

² The total of “Amortization of deferred policy acquisition costs” of $266,061 and “Other operating expenses” of $201,849 reconciles to the Consolidated Statements of Income as follows:



Policy acquisition costs	$	466,404
Other income³	(8,069		)
Other expenses³	9,575
Total	$	467,910

³ In addition to amounts related to the Insurance Operations segment, “Other income” and “Other expenses” on the Consolidated Statements of Income includes holding company income and expense amounts of $410 and $16,850, respectively.

- Definition

The entire disclosure for required supplementary insurance information giving segment detail in support of various balance sheet and income statement captions. The balance sheet information generally is presented as of the date of each audited balance sheet filed, and the income statement information generally is presented for each period for which an audited income statement is required to be filed. Supplementary insurance information table includes segment name; deferred policy acquisition costs; future policy benefits, losses, claims and loss expenses; unearned premiums; other policy claims and benefits payable; premium revenue; net investment income; benefits, claims, losses and settlement expenses; amortization of deferred policy acquisition costs; other operating expenses; and premiums written.

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