Selective Ins Co of Am
Major Rating Factors:
History of adequate reserve strength (5.8 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (8.0) 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 (8.1). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (28.8%), comm multi (8.4%), work comp (7.1%), fire (6.7%), product liab. (5.2%), homeowners (4.2%), fin guar/surety (0.9%), other (38.7%)
Licensed in:
All states except FL, LA, OK
Principal Investments:
Investment grade bonds (70.6%), non investment grade bonds (5.2%), common stock (2.7%), cash (2.2%), preferred stock (0.5%), other (18.8%)
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
12572
Website
Largest Affiliates