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Stock impact report

AM Best Affirms Credit Ratings of Selective Insurance Group, Inc. and Its Subsidiaries

Selective Insurance Group, Inc. (SIGI) 
Last selective insurance group, inc. earnings: 1/30 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: selective.com/investors
Company Research Source: Business Wire
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the pooled members of Selective Insurance Group (Selective). Additionally, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of the ultimate parent, Selective Insurance Group, Inc. [NASDAQ: SIGI]. The outlook of these Credit Ratings (ratings) is stable. All companies are headquartered in Branchville, NJ. (Please see below for a detailed listing of companies and ratings.)The ratings reflect Selective’s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management.Selective’s balance sheet strength is supported by its risk-adjusted capital position and the financial flexibility provided by its publicly traded parent and is offs Show less Read more
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