Financial Strength and Credit Ratings
| ||A.M. Best||Standard &|
|Financial Strength Rating||A||A-||A2||A+|
|Issuer Credit Rating||a+||BBB-|| ||A-|
- A.M. Best's “A” (Excellent) rating for Selective is based on the group’s strong capitalization and consistent level of operating profitability, derived in part through a disciplined underwriting focus and growing use of sophisticated predictive analytic modeling tools. The rating also recognizes the strength of Selective’s independent agency relationships, cultivated through a successful field-based operating model.
- Standard & Poor’s “A-” rating for Selective is based in part on the group’s strong competitive position in its core Mid-Atlantic regional markets, supported by its strong ERM practice, conservative financial leverage, and strong liquidity.
- Moody’s Investor Service rates Selective A2, noting the company’s solid regional franchise with established independent agency support, along with its good risk adjusted capitalization and modest financial leverage.
- Fitch Ratings rates Selective “A+”, citing Selective’s disciplined underwriting culture, conservative balance sheet with good capitalization and reserve strength, strong independent agency relationships, and improved diversification.