Schedule - Summary of Investments - Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2011

Summary of Investments, Other than Investments in Related Parties [Abstract]

Summary of Investments, Other than Investments in Related Parties

SCHEDULE III

SELECTIVE INSURANCE GROUP, INC. AND CONSOLIDATED SUBSIDIARIES

SUMMARY OF INVESTMENTS-OTHER THAN INVESTMENTS IN RELATED PARTIES

December 31, 2011

Types of investment		Amortized Cost	Fair	Carrying
($ in thousands)		or Cost	Value	Amount
Fixed maturity securities:
Held-to-maturity
Foreign government obligations	$	5,292	5,496	5,584
Obligations of states and political subdivisions		614,118	657,385	626,012
Public utilities		13,800	15,426	13,725
Corporate securities		51,040	54,112	48,926
Asset-backed securities		8,077	7,954	6,608
Commercial mortgage-backed securities		14,455	17,670	11,493
Total fixed maturity securities, held-to-maturity		706,782	758,043	712,348
Available-for-sale:
U.S. government and government agencies		333,504	353,796	353,796
Foreign government obligations		33,687	34,173	34,173
Obligations of states and political subdivisions		578,214	622,659	622,659
Public utilities		72,145	75,626	75,626
Corporate securities		1,096,294	1,137,684	1,137,684
Asset-backed securities		77,706	78,949	78,949
Commercial mortgage-backed securities		107,838	112,598	112,598
Residential mortgage-backed securities		467,468	481,888	481,888
Total fixed maturity securities, available-for-sale		2,766,856	2,897,373	2,897,373

Equity securities:
Common stock:
Public utilities		7,143	8,307	8,307
Banks, trust and insurance companies		18,405	19,118	19,118
Industrial, miscellaneous and all other		118,278	129,930	129,930
Total equity securities, available-for-sale		143,826	157,355	157,355
Short-term investments		217,044		217,044
Other investments		128,301		128,301
Total investments	$	3,962,809		4,112,421

- Definition

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

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