Exhibit 99.2 FINANCIAL SUPPLEMENT FIRST QUARTER 2024 Forward-Looking Statements Certain statements in this report, including information incorporated by reference, are "forward-looking statements" defined in the Private Securities Litigation Reform Act of 1995 ("PSLRA"). The PSLRA provides a forward-looking statement safe harbor under the Securities Act of 1933 and the Securities Exchange Act of 1934. These statements discuss our intentions, beliefs, projections, estimations, or forecasts of future events a ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 or SELECTIVE INSURANCE GROUP, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) New Jersey 22-2168890 40 Wantage Avenue, Branchville, New Jersey 07890 (Address of Princip ...

Financial Data and Key Metrics Changes - In 2023, the company grew net premiums written by 16% and produced a combined ratio of 96.5% [4][11] - After-tax net investment income increased by 33% to $310 million, with an operating ROE of 14.4% [4][55] - The book value per share increased by 18% for the year, with a 13% increase in the fourth quarter [15][55] Business Line Data and Key Metrics Changes - The Standard Commercial Lines segment showed strong performance with high retention metrics and a focus on underperforming areas [7][52] - The Excess and Surplus Lines segment achieved a record year with net premiums written growing by 24% and an 86% combined ratio [8] - Personal lines, while representing about 10% of the business, saw a renewal pure price increase of 8.9% in the quarter, with expectations for further acceleration in 2024 [54] Market Data and Key Metrics Changes - The overall renewal pure price, excluding exposure change, was 6.8% [87] - The company expects a combined ratio of 95.5% for 2024, reflecting an overall expected loss trend of approximately 7% [60][62] - The company reported a premium to surplus ratio of 1.51x, up from 1.44x in 2022, indicating strong insurance operations growth [15] Company Strategy and Development Direction - The company aims to maintain underwriting discipline and price adequacy across its segments, focusing on profitable growth [52][76] - Plans to refine the portfolio and launch five new states for Standard Commercial Lines in 2024 were highlighted [8] - The company is committed to enhancing its distribution model and leveraging technology for improved risk selection and claims management [76] Management's Comments on Operating Environment and Future Outlook - Management acknowledged elevated and uncertain loss trends influenced by economic and social inflation, necessitating continued focus on adequate pricing [17][18] - The outlook for 2024 includes a healthy ROE exceeding the 12% target, with confidence in managing through market dynamics [18] - Management emphasized the importance of demonstrating value to customers and distribution partners in a competitive market [6] Other Important Information - The company entered its first catastrophe bond transaction, upsizing it to $325 million, providing a new source of reinsurance capital [14] - The capital position remains strong with $3 billion of GAAP equity and $2.7 billion of statutory surplus at year-end [15] - The company reported a 20% increase in after-tax net investment income for the fourth quarter, totaling $78 million [83] Q&A Session All Questions and Answers Question: Regarding the general liability reserve development - Management confirmed that the $55 million reserve increase was included in the updated view and reflects severity trends [103] Question: Is there any spillover into the commercial auto book? - Management indicated that pricing remains constructive and there is no spillover effect observed in the commercial auto segment [68] Question: What is the outlook for pricing power in 2024? - Management expressed confidence in maintaining pricing power despite market expectations of potential declines [94] Question: Has there been any management changes affecting loss assumptions? - Management reassured that the leadership team remains consistent and the changes do not impact the evaluation of results and reserves [69] Question: What are the expectations for workers' compensation rates? - Management noted that while margins are good, they do not expect rate increases in the near term due to competitive pressures [137] Question: What drove the increase in property retention? - Management explained that the increase in retention was aligned with the growth in the property portfolio and market conditions [138]

Selective Insurance Group, Inc. (NASDAQ:SIGI) Q3 2023 Earnings Conference Call November 2, 2023 11:00 AM ET Company Participants Brad Wilson - Senior Vice President, Investor Relations and Treasurer John Marchioni - President and Chief Executive Officer Mark Wilcox - Executive Vice President and Chief Financial Officer Conference Call Participants Grace Carter - Bank of America Merrill Lynch Andrew Lambrecht - Piper Sandler Robert Farnam - Janney Montgomery Scott LLC Operator Good day, everyone. Welcome to ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_____________________________to_____________________________ Commission File Number: 001-33067 SELECTIVE INSURANCE GROUP, INC. (State or Other Jurisd ...

Financial Data and Key Metrics Changes - The company reported a 17% growth in net premiums written, driven by a 33% increase in new business premiums and a renewal pure price change of 6.4% [27][28] - The operating ROE for the first half of the year was 12.2%, slightly above the 12% target, despite elevated catastrophe losses [26][13] - The consolidated combined ratio for the quarter was 100.2%, impacted by $100 million in net catastrophe losses, contributing 10.6 points to the combined ratio [37][36] - After-tax net investment income for the quarter was $77.8 million, up 37% from the previous year, driven by core fixed income [40] Business Line Data and Key Metrics Changes - In Commercial Lines, new business was up 23%, with a renewal rate of 6.7% and exposure growth of 4.6% [6] - Personal Lines net premiums written grew 32%, although profitability in this segment is still below target [10] - The E&S segment experienced a 20% premium growth, but was negatively impacted by elevated catastrophe losses, resulting in breakeven underwriting results [32] Market Data and Key Metrics Changes - The company has expanded its Standard Commercial Lines footprint by adding 8 states since 2017, contributing 2 points of premium growth in the first half of 2023 [8] - The property renewal pure rate increased by 11.7%, with exposure up 5.8%, leading to an 18.2% total renewal premium increase [9] Company Strategy and Development Direction - The company plans to introduce 5 new states to its Standard Commercial Lines footprint over the next 2 to 3 years, with West Virginia and Maine on track for early 2024 [8] - The strategy includes transitioning to a mass affluent customer base, focusing on less price-sensitive customers who value coverage and service [33] - The company aims to maintain a long-term combined ratio target of 95% and generate ROEs at or above 12% [7] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the impact of elevated catastrophe losses but emphasized the company's strong balance sheet and risk management capabilities to navigate these challenges [26] - The company expects to see a greater number of rate filings with more meaningful increases in the third and fourth quarters [11] - Management remains optimistic about achieving full-year targets despite the challenges faced in the first half of the year [36] Other Important Information - The company has a strong capital position with $2.7 billion of GAAP equity and $2.5 billion of statutory capital and surplus as of quarter end [18] - Book value per share increased by 5.8% this year, or 7.4% adjusted for dividends [18] Q&A Session Summary Question: Can you provide details on agents turning to Selective for property coverage as small competitors pull back? - Management highlighted that Selective is viewed as a consistent underwriting partner, focusing on high-quality accounts and maximizing growth in familiar market segments [50] Question: What are the expectations for the pure renewal rate in standard commercial? - Management noted that the pure renewal rate has remained relatively flat, with expectations for continued strong rates driven by loss trends [57][58] Question: How is the company addressing pricing in personal lines? - Management indicated that they expect new and renewal rates to be in the mid-teens for 2024, with ongoing adjustments based on loss trends [60][61] Question: Can you comment on the reserve development within Commercial Lines? - Management confirmed that they feel confident about their current year loss picks and have seen favorable reserve development trends, although personal auto has been a drag [63][64]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_____________________________to_____________________________ Commission File Number: 001-33067 SELECTIVE INSURANCE GROUP, INC. (Exact Name of Registrant a ...

Financial Data and Key Metrics Changes - The company reported a fully diluted EPS of $1.48 for Q1 2023 and a non-GAAP operating EPS of $1.44, with a non-GAAP operating ROE of 14.6%, exceeding the 12% target [6][56] - The capital position remains strong with $2.7 billion of GAAP equity and $2.5 billion of statutory capital and surplus, while book value per share increased by 5.8% during the quarter [7][56] - The combined ratio for the quarter was 95.7%, slightly above the long-term target of 95%, with an underlying combined ratio of 91% [57][73] Business Line Data and Key Metrics Changes - Net premiums written in the E&S segment grew by 16%, with new business growth of 9% and a renewal pure rate of 7.4% [24] - The Standard Personal Lines segment saw a 31% growth in net premiums written, transitioning towards the mass affluent market [24] - The Standard Commercial Lines produced a combined ratio of 94.7% and an underlying combined ratio of 91.3%, with non-cat losses about three points lower than last year [90] Market Data and Key Metrics Changes - The company experienced a 12% growth in net premiums written across all segments compared to Q1 2022 [73] - The commercial property renewal pure rate increased by 11.8%, while exposure grew by 5.1%, resulting in a total premium change of 17.5% [4] - The commercial auto renewal pure rate was up 10%, with exposure growing by 4.9%, leading to a total premium change of 15.4% [4] Company Strategy and Development Direction - The company is focused on expanding its footprint, having added eight states over the past five years, with plans to open an additional five states in the next two to three years [3] - The transition to the mass affluent market is expected to positively impact long-term profitability, with personal lines representing only 8.5% of premiums in the quarter [15][71] - The company aims to maintain a disciplined approach to underwriting and risk selection, particularly in the commercial property line [90] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing economic and loss trend uncertainties but expressed confidence in the company's ability to navigate these challenges [5] - The company expects continued pricing trends in commercial lines, with a focus on achieving profitability despite the uncertain loss environment [15][36] - Management highlighted the importance of active portfolio management in investments, with a current book yield of 4.33%, up 20 basis points in the quarter [28][74] Other Important Information - The company did not repurchase any shares during the first quarter but has $84.2 million remaining under its share repurchase authorization [7] - Catastrophe losses for the quarter amounted to $55.3 million, contributing 6.1 points to the combined ratio, which was slightly above expectations [73] - The investment portfolio produced $73 million of after-tax income, a 25% increase from Q1 2022, driven by active management [25][74] Q&A Session Summary Question: Can you provide details on the combined ratio guide for this year? - Management indicated that projecting loss ratios is challenging due to uncertainties in loss trends, but they are focused on achieving profitability [15] Question: What are the trends in claims between private passenger auto and commercial auto? - Management noted that while trends may converge, there are still differences in claims inflation between the two segments [85] Question: How does the company view the competitive environment and pricing trends? - Management believes the competitive environment is shifting favorably, with pricing moving in the right direction due to proactive measures taken [93]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_____________________________to_____________________________ Commission File Number: 001-33067 SELECTIVE INSURANCE GROUP, INC. (Exact Name of Registrant ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_______________________to_______________________ Commission file number: 001-33067 SELECTIVE INSURANCE GROUP, INC. (Exact Name of Registrant as Specified in ...