Selective Ins Co (New England)
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 (4.6) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (7.8) 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 (8.0). Excellent overall results on stability tests (8.4). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (21.4%), comm multi (8.9%), fire (5.5%), product liab. (4.5%), work comp (4.2%), homeowners (1.8%), fin guar/surety (0.3%), other (53.2%)
Licensed in:
ME, NH, NJ
Principal Investments:
Investment grade bonds (97.1%), non investment grade bonds (0.5%), cash (0.5%), other (1.8%)
Corporate Info
Group Affiliation
Selective Ins Group Inc
Investment Rating
Company Address
40 Wantage Avenue
Branchville, NJ 07890
Branchville, NJ 07890
Phone Number
(973) 948-3000
NAIC Number
11867
Website
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