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Retirement Plans (Tables)

12 Months Ended

Dec. 31, 2012

Defined Benefit Plan Disclosure [Line Items]

Schedule Of Plan Terms In Effect And Revisions Of Retirement Savings Plan

		As of December 31, 2010		Effective January 1, 2011
SICA match		65% of participant contributions up to 7% of defined compensation		100% of participant contributions up to the first 3% of defined compensation and 50% up to the next 3%
Enhanced match/non-elective contribution1		100% match up to 2% of defined compensation and non-elective contributions equal to 2% of defined compensation		Enhanced match eliminated and non-elective contributions increased to 4%
Vesting of match/non-elective contribution		Vesting period of six years for SICA match and three years for SICA non-elective contribution		Immediately vested
HCE contributions		Limited		No longer subject to previous limitation

¹ Effective January 1, 2006, the Retirement Savings Plan was amended to include additional enhanced matching contributions and non-elective contributions for otherwise eligible employees who, because of their date of hire after December 31, 2005, are not eligible to participate in the Retirement Income Plan for Selective Insurance Company of America (“Retirement Income Plan”).

Funded Status Of Retirement Income Plan And Retirement Life Plan

December 31,		Retirement Income Plan							Retirement Life Plan
($ in thousands)		2012				2011			2012			2011
Change in Benefit Obligation:
Benefit obligation, beginning of year		$	254,009			230,642			5,897			5,700
Service cost		8,091				7,575			—			—
Interest cost		12,981				12,349			302			306
Actuarial losses		33,596				9,177			660			224
Benefits paid		(6,030		)		(5,734	)		(388	)		(333	)
Benefit obligation, end of year		$	302,647			254,009			6,471			5,897
Change in Fair Value of Assets:
Fair value of assets, beginning of year		$	182,614			173,311			—			—
Actual return on plan assets, net of expenses		21,896				6,526			—			—
Contributions by the employer to funded plans		8,550				8,400			—			—
Contributions by the employer to unfunded plans		120				111			—			—
Benefits paid		(6,030		)		(5,734	)		—			—
Fair value of assets, end of year		$	207,150			182,614			—			—
Funded status		$	(95,497	)		(71,395	)		(6,471	)		(5,897	)

Schedule of Amounts Recognized in Balance Sheet

Amounts Recognized in the Consolidated Balance Sheet:
Liabilities		$	(95,497	)		(71,395	)		(6,471	)		(5,897	)
Net pension liability, end of year		$	(95,497	)		(71,395	)		(6,471	)		(5,897	)

Amounts recognized in AOCI

Amounts Recognized in AOCI
Prior service cost		$	26			176			—			—
Net actuarial loss		103,365				83,321			1,667			1,047
Total		$	103,391			83,497			1,667			1,047

Other Information as of December 31

Other Information as of December 31:
Accumulated benefit obligation		265,899			223,655			—			—

Weighted-Average Liability Assumptions as of December 31

Weighted-Average Liability Assumptions as of December 31:
Discount rate		4.42	%		5.16		4.42		5.16
Rate of compensation increase		4.00	%		4.00		—		—

Components Of Net Periodic Benefit Cost And Other Amounts Recognized In Other Comprehensive Income

		Retirement Income Plan										Retirement Life Plan
($ in thousands)		2012				2011			2010			2012			2011			2010
Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Income:
Net Periodic Benefit Cost:
Service cost		$	8,091			7,575			7,626			—			—			—
Interest cost		12,981				12,349			11,914			302			306			316
Expected return on plan assets		(14,206		)		(13,924	)		(11,247	)		—			—			—
Amortization of unrecognized prior service cost		150				150			150			—			—			—
Amortization of unrecognized actuarial loss		5,863				4,154			4,128			40			18			6
Total net periodic cost		12,879				10,304			12,571			342			324			322
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income:
Net actuarial loss		25,906				16,575			11,844			660			224			201
Reversal of amortization of net actuarial loss		(5,863		)		(4,154	)		(4,128	)		(40	)		(18	)		(6	)
Reversal of amortization of prior service cost		(150		)		(150	)		(150	)		—			—			—
Total recognized in other comprehensive income		19,893				12,271			7,566			620			206			195
Total recognized in net periodic benefit cost and other comprehensive income		$	32,772			22,575			20,137			962			530			517

Schedule Of Assumptions Used Expense

		Retirement Income Plan							Retirement Life Plan
		2012			2011		2010		2012		2011		2010
Weighted-Average Expense Assumptions for the years ended December 31:
Discount rate		5.16	%		5.55		5.93		5.16		5.55		5.93
Expected return on plan assets		7.75	%		8.00		8.00		—		—		—
Rate of compensation increase		4.00	%		4.00		4.00		—		—		—

Schedule of Allocation of Plan Assets

		2012						2011
		Target Percentage		Range Percentage		Actual Percentage		Actual Percentage
Equity:
International		10		4 - 18		7		7
Large Capitalization		15		8 - 32		15		18
Small and mid capitalization		5		3 - 15		7		8
Global asset allocation		10		0 - 15		10		—
Alternative investments		10		0 - 15		6		9
Fixed income:
Extended duration fixed income		50		20 - 80		24		20
Domestic core1						14		17
Global bond/high yield/emerging markets1						13		14
Cash and short-term investments		—		0 - 5		4		7
Total						100		100

Fair Value, Assets Measured on Recurring Basis

December 31, 2012						Fair Value Measurements Using
($ in thousands)		Assets Measured at Fair Value 12/31/12				Quoted Prices in Active Markets for Identical Assets/ Liabilities (Level 1)1			Significant Other Observable Inputs (Level 2)1			Significant Unobservable Inputs  (Level 3)
Description
Measured on a recurring basis:
U.S. government and government agencies		$	259,092			115,861			123,442			19,789
Foreign government		30,229				—			30,229			—
Obligations of states and political subdivisions		818,024				—			818,024			—
Corporate securities		1,450,247				—			1,447,301			2,946
ABS		128,640				—			122,572			6,068
CMBS		137,119				—			129,957			7,162
RMBS		472,662				—			472,662			—
Total AFS fixed maturity securities		3,296,013				115,861			3,144,187			35,965
Equity securities		151,382				147,775			—			3,607
Short-term investments		214,479				214,479			—			—
Receivable for proceeds related to sale of Selective HR		2,705				—			—			2,705
Total assets		$	3,664,579			478,115			3,144,187			42,277

December 31, 2011						Fair Value Measurements Using
($ in thousands)		Assets Measured at Fair Value 12/31/11				Quoted Prices in Active Markets for Identical Assets/ Liabilities (Level 1)1			Significant Other Observable Inputs (Level 2)1			Significant Unobservable Inputs  (Level 3)
Description
Measured on a recurring basis:
U.S. government and government agencies2		$	353,796			126,475			205,580			21,741
Foreign government		34,173				—			34,173			—
Obligations of states and political subdivisions		622,659				—			622,659			—
Corporate securities		1,213,310				—			1,210,707			2,603
ABS		78,949				—			78,949			—
CMBS		112,598				—			112,244			354
RMBS		481,888				—			481,888			—
Total AFS fixed maturity securities		2,897,373				126,475			2,746,200			24,698
Equity securities		157,355				157,355			—			—
Short-term investments		217,044				217,044			—			—
Receivable for proceeds related to sale of Selective HR		3,212				—			—			3,212
Total assets		$	3,274,984			500,874			2,746,200			27,910

¹ There were no transfers of securities between Level 1 and Level 2.

² U.S. government includes corporate securities fully guaranteed by the FDIC.

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets

Investments in Limited Partnerships
($ in thousands)		2012				2011
Fair value, beginning of year		$	15,180			17,179
Total gains (realized and unrealized)
included in changes in net assets		1,118				1,949
Purchases		434				1,176
Sales		—				—
Issuances		—				—
Settlements		(4,142		)		(5,124	)
Transfers into Level 3		41				—
Transfers out of Level 3		—				—
Fair value, end of year		$	12,631			15,180

Schedule of Expected Benefit Payments

($ in thousands)		Retirement Income Plan				Retirement Life Plan
Benefits Expected to be Paid in Future
Fiscal Years:
2013		$	7,627			364
2014		8,462				372
2015		9,288				380
2016		10,184				387
2017		11,207				394
2018-2022		74,346				2,045

Retirement Income Plan [Member]

Defined Benefit Plan Disclosure [Line Items]

Fair Value, Assets Measured on Recurring Basis

December 31, 2012						Fair Value Measurements at 12/31/12 Using
($ in thousands)		Assets Measured at Fair Value At 12/31/12				Quoted Prices in Active Markets for Identical Assets/ Liabilities (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Description
Investment funds:
International equity		$	15,751			6,025			9,726			—
Domestic large capitalization		22,910				22,910			—			—
Small and mid capitalization		6,805				6,805			—			—
Global asset allocation fund		20,778				20,778			—			—
Extended duration fixed income		50,556				50,556			—			—
Domestic core fixed income		29,984				29,984			—			—
Global bond/high yield/emerging markets fixed income		27,230				27,230			—			—
Total investment funds		174,014				164,288			9,726			—
Limited partnership investments:
Equity long/short hedge		41				—			—			41
Private equity		10,385				—			—			10,385
Real estate		2,205				—			—			2,205
Total limited partnerships		12,631				—			—			12,631
Common stocks:
Domestic large capitalization		9,938				9,938			—			—
Small and mid capitalization		7,897				7,897			—			—
Total common stocks		17,835				17,835			—			—
Short-term investments		1,629				1,629			—			—
Deposit administration contracts		979				—			979			—
Total assets		$	207,088			183,752			10,705			12,631

December 31, 2011						Fair Value Measurements at 12/31/11 Using
($ in thousands)		Assets Measured at Fair Value At 12/31/11				Quoted Prices in Active Markets for Identical Assets/ Liabilities (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Description
Mutual funds:
International equity		$	13,205			13,205			—			—
Domestic large capitalization		22,200				22,200			—			—
Small and mid capitalization		6,750				6,750			—			—
Extended duration fixed income		36,881				36,881			—			—
Domestic core fixed income		32,930				32,930			—			—
Global bond/high yield/emerging markets fixed income		25,644				25,644			—			—
Total mutual funds		137,610				137,610			—			—
Limited partnership investments:
Equity long/short hedge		1,836				—			1,836			—
Private equity		12,586				—			—			12,586
Real estate		2,594				—			—			2,594
Total limited partnerships		17,016				—			1,836			15,180
Common stocks:
Domestic large capitalization		11,618				11,618			—			—
Small and mid capitalization		8,326				8,326			—			—
Total common stocks		19,944				19,944			—			—
Short-term investments		7,225				7,225			—			—
Deposit administration contracts		979				—			979			—
Total assets		$	182,774			164,779			2,815			15,180

Schedule of Other Investment Portfolio By Strategy And Remaining Commitment Amount Associated With Each Strategy

Alternative Investments		Carrying Value							2012
		December 31,				December 31,			Remaining
($ in thousands)		2012				2011			Amount
Equity long/short hedge		$	41			1,836			—
Private equity		10,385				12,586			3,703
Real estate		2,205				2,594			588
Total alternative investments		$	12,631			17,016			4,291

X

- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost.

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Tabular disclosure of the change in the benefit obligation of pension plans and/or other employee benefit plans from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits. Tabular disclosure of the reconciliation of beginning and ending balances of the fair value of plan assets of pension plans and/or other employee benefit plans showing separately, if applicable, the effects during the period attributable to each of the following: actual return on plan assets, contributions by the employer, contributions by plan participants, benefits paid, business combinations, divestitures, and settlements. Tabular disclosure of net funded status of pension plans and/or other employee benefit plans.

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Tabular disclosure of accumulated benefit obligations of pension plans and/or other employee benefit plans.

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Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

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Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation, including assumed discount rates and rate increase in compensation increase.

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Tabular disclosure regarding the terms and revisions of the Retirement Savings Plan

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Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring and/or nonrecurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 6

-Footnote 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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-Name Accounting Standards Codification

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Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall.

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Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

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