B
MESA Underwriters Spclty Ins
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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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 (6.8) 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: Comm multi (28.3%), personal/comm auto (11.7%), product liab. (5.2%), fire (5.1%), work comp (2.0%), homeowners (1.2%), fin guar/surety (0.2%), other (46.3%)
Licensed in: (No states)
Principal Investments: Investment grade bonds (88.9%), cash (2.0%), non investment grade bonds (0.2%), other (8.9%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
Selective Ins Group Inc
Investment Rating
Company Address
40 Wantage Avenue
Branchville, NJ 07890
Phone Number
(973) 948-3000
NAIC Number
36838
Largest Affiliates
B
Branchville, NJ - P&C
B
Branchville, NJ - P&C
B
Branchville, NJ - P&C
B
Branchville, NJ - P&C
B
Branchville, NJ - P&C