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 solid capitalization, 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 and consistently stable loss reserves.
- 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 business risk profile and strong capital and earnings profile.
- Moody’s Investor Service rates Selective A2, noting the company’s solid regional franchise with established independent agency support, along with its solid risk adjusted capitalization and strong invested asset quality.
- Fitch Ratings rates Selective “A+”, citing Selective’s improved underwriting results, solid loss reserve position, strong independent agency relationships, and improved diversification.