Selective Auto Ins Co of NJ
Major Rating Factors:
Good liquidity (6.7 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair reserve development (4.7) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (7.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent profitability index (8.2). Excellent overall results on stability tests (8.5). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (35.9%), homeowners (16.1%), comm multi (6.3%), fire (5.0%), work comp (4.3%), product liab. (3.7%), fin guar/surety (0.5%), other (28.3%)
Licensed in:
NJ
Principal Investments:
Investment grade bonds (89.2%), cash (2.3%), other (8.5%)
Corporate Info
Group Affiliation
Selective Ins Group Inc
Investment Rating
Company Address
40 Wantage Avenue
Branchville, NJ 07826
Branchville, NJ 07826
Phone Number
(973) 948-3000
NAIC Number
11074
Website
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