B
MESA Underwriters Spclty Ins
Rating Date
June 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) with operating gains in each of the last five years. 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