Moody’s Ratings rates Selective’s senior notes Baa2; outlook stable
Company issuing $400 million of senior unsecured notes New York , February 20, 2025 – Moody's Ratings (Moody's) has assigned a Baa2 rating to $400 million of 10-year senior unsecured notes being issued by Selective Insurance Group, Inc. (Selective; NASDAQ: SIGI). The company intends to use the net p...Selective Insurance Group has four segments: Standard Commercial Lines, which is comprised of property and casualty insurance products and services provided in the standard marketplace to commercial enterprises; Standard Personal Lines, which is comprised of property and casualty insurance products and services provided to individuals acquiring coverage in the standard marketplace; Excess and Surplus Lines, which is comprised of insurance products and services provided to customers who are unable to obtain coverage in the standard marketplace; and Investments, which invests the premiums collected by the company's insurance operations and amounts generated through its capital management strategies.
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