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S&P downgrades Selective Insurance Group, certain units

SNL Insurance Weekly Property & Casualty Edition, 2009-09

Copyright SNL Financial LC Sep 08, 2009 ;ISSN: 1098-8130 ;EISSN: 1938-1484

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  • Title:
    S&P downgrades Selective Insurance Group, certain units
  • Author: Jasir Jawaid
  • Subjects: Financial leverage ; Insurance companies
  • Is Part Of: SNL Insurance Weekly Property & Casualty Edition, 2009-09
  • Description: The company's strong competitive position in its core mid-Atlantic regional markets supported by its predictive modeling capabilities, conservative financial leverage and strong liquidity mitigate some of these concerns, according to S&P. The negative outlook takes into account the agency's continued concern that the capital adequacy of Selective Insurance Co. and its insurance affiliates will not return to a strong level in the near term.
  • Publisher: Charlottesville: SNL Financial LC
  • Language: English
  • Identifier: ISSN: 1098-8130
    EISSN: 1938-1484
  • Source: ProQuest Central
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