Selective Way Ins Co
Major Rating Factors:
Good liquidity (6.7 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair reserve development (4.6) as reserves have generally been sufficient to cover claims. Strong long-term capitalization index (7.9) 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 (8.2). Excellent overall results on stability tests (8.8). Stability strengths include excellent operational trends and excellent risk diversification.
Stability Factors:
Principal Lines of Business:
Personal/comm auto (29.6%), comm multi (8.0%), fire (7.3%), work comp (6.1%), product liab. (5.6%), homeowners (2.8%), fin guar/surety (0.5%), other (40.1%)
Licensed in:
All states except AR, CA, CT, FL, HI, IA, IL, IN, KY, LA, MA, MN, MS, NC, NE, OH, OK, RI, TN, TX, WI
Principal Investments:
Investment grade bonds (81.8%), non investment grade bonds (4.5%), common stock (1.9%), cash (1.4%), preferred stock (0.2%), other (10.1%)
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