• Selective Insurance average pre-tax profit margin for 2023 was 9.67%, a 1.02% decline from 2022.
• Selective Insurance average pre-tax profit margin for 2022 was 9.77%, a 36.64% decline from 2021.
• Selective Insurance average pre-tax profit margin for 2021 was 15.42%, a 65.98% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.