

($ 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 Commercial Lines Segment	$	147,285	3,000,796	734,697	1,415,712	—	870,018	295,774	188,699	1,441,047
Standard Personal Lines Segment	17,495		279,761	285,777	296,747	—	197,182	34,851	48,178	292,061
E&S Lines	20,828		197,313	75,345	140,150	—	90,301	33,670	15,793	152,172
Investments Segment	—		—	—	—	165,307	—	—	—	—
Total	$	185,608	3,477,870	1,095,819	1,852,609	165,307	1,157,501	364,295	252,670	1,885,280

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 $364,295 and “Other operating expenses” of $252,670 reconciles to the Consolidated Statements of Income as follows:



Policy acquisition costs	$	624,470
Other income³	(16,598		)
Other expenses³	9,093
Total	$	616,965

³In addition to amounts related to the Standard Commercial Lines, Standard Personal Lines, and E&S Lines, “Other income” and “Other expenses” on the Consolidated Statements of Income includes holding company income and expense amounts of $347 and $24,580, respectively.

Year ended December 31, 2013



($ 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 Commercial Lines Segment	$	138,397	2,877,087	708,861	1,316,619	—	831,261	270,443	181,059	1,380,740
Standard Personal Lines Segment	18,149		312,411	286,969	294,332	—	206,450	33,097	46,140	297,757
E&S Lines	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.

² The 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

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

SCHEDULE III (continued)

SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES

SUPPLEMENTARY INSURANCE INFORMATION

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
Standard Commercial Lines Segment	$	123,861	2,753,556	642,032	1,225,335	—	853,143	247,016	166,111	1,263,738
Standard Personal Lines Segment	17,690		1,195,082	275,886	279,555	—	204,644	33,684	44,741	289,848
E&S Lines	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

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 $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 Commercial Lines, Standard Personal Lines, and E&S Lines, “Other income” and “Other expenses” on the Consolidated Statements of Income includes holding company income and expense amounts of $291 and $20,642, respectively.