Fitch affirms Selective Insurance

Fitch Ratings said it affirmed Selective Insurance Group, Inc.'s issuer default rating at A-, its senior debt rating at BBB+ and its junior subordinated debt rating at BBB-.

Fitch said it also affirmed the A+ insurer financial strength ratings of the members of the Selective intercompany pool. The outlook is stable.

The agency said the affirmation of Selective's ratings reflects the company's conservative balance sheet with solid capitalization and reserve strength, as well as underwriting performance in line with peers.

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