Selective Way Ins Co
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 (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.6) 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 (8.1). Excellent overall results on stability tests (8.0). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (30.3%), comm multi (7.6%), fire (7.2%), work comp (7.1%), product liab. (5.5%), homeowners (3.0%), fin guar/surety (0.6%), other (38.9%)
Licensed in:
AL, AZ, CO, DC, DE, GA, ID, KS, MD, ME, MI, MO, MT, NH, NJ, NM, NV, NY, OR, PA, SC, SD, UT, VA, VT, WA, WV, WY
Principal Investments:
Investment grade bonds (84.0%), non investment grade bonds (3.1%), common stock (1.2%), cash (0.7%), preferred stock (0.3%), other (10.7%)
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
26301
Website
Largest Affiliates