Selective Ins Co of Am
Major Rating Factors:
Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair reserve development (4.9) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (8.2) 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 (8.3). Excellent overall results on stability tests (8.7). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (28.2%), comm multi (8.8%), fire (6.9%), work comp (6.3%), product liab. (5.2%), homeowners (4.0%), fin guar/surety (0.8%), other (39.9%)
Licensed in:
All states except FL, LA, OK
Principal Investments:
Investment grade bonds (69.2%), common stock (6.0%), non investment grade bonds (4.3%), cash (2.2%), preferred stock (0.5%), other (17.9%)
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
12572
Website
Largest Affiliates