SELECTIVE CASUALTY INS CO
Major Rating Factors:
Good liquidity (6.6 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.0) despite weak results on operational trends.
Other Rating Factors:
Strong long-term capitalization index (8.2) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years. Ample reserve history (8.8) that helps to protect the company against sharp claims increases. Excellent profitability (8.8) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 11.2%.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Work comp (31.5%), personal/comm auto (23.2%), product liab. (5.7%), comm multi (3.8%), fire (2.9%), other (32.9%)
Licensed in:
NJ
Principal Investments:
Investment grade bonds (90.3%), cash (1.0%), non investment grade bonds (0.2%), other (8.5%)
Corporate Info
Group Affiliation
Selective Ins Group Inc
Investment Rating
Company Address
40 Wantage Ave
Branchville, NJ 7890
Branchville, NJ 7890
Phone Number
(973) 948-1225
NAIC Number
14376
Website
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