Selective Ins Co of Am
Major Rating Factors:
Strong long-term capitalization index (8.1 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years. Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent profitability index (8.7) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 13.8%.
Other Rating Factors:
Excellent overall results on stability tests (8.2). Stability strengths include excellent operational trends and excellent risk diversification. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (29.0%), work comp (8.4%), comm multi (7.1%), fire (6.5%), product liab. (5.3%), homeowners (4.2%), fin guar/surety (0.9%), other (38.6%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (75.7%), non investment grade bonds (5.5%), common stock (2.5%), preferred stock (0.6%), other (15.7%)
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
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