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Retirement Plans (Tables)
12 Months Ended
Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items]  
Schedule Of Plan Terms In Effect And Revisions Of Retirement Savings Plan
(a) Selective Insurance Retirement Savings Plan (“Retirement Savings Plan”)
SICA offers a voluntary defined contribution 401(k) plan, which is available to most of our employees and is a tax-qualified retirement plan subject to the Employee Retirement Income Security Act of 1974 ("ERISA").  Expense recorded for this plan was $14.1 million in 2015, $13.4 million in 2014, and $12.2 million in 2013.
Schedule of Funded Status Of Retirement Income Plan And Retirement Life Plan
December 31,
 
Pension Plan
($ in thousands)
 
2015
 
2014
Change in Benefit Obligation:
 
 

 
 

Benefit obligation, beginning of year
 
$
322,271

 
249,422

Service cost
 
7,215

 
5,763

Interest cost
 
13,668

 
12,776

Actuarial losses (gains)
 
(24,994
)
 
61,534

Benefits paid
 
(7,852
)
 
(7,224
)
Benefit obligation, end of year
 
$
310,308

 
322,271

 
 
 
 
 
Change in Fair Value of Assets:
 
 

 
 

Fair value of assets, beginning of year
 
$
253,452

 
225,817

Actual return on plan assets, net of expenses
 
(7,600
)
 
24,649

Contributions by the employer to funded plans
 
11,700

 
10,210

Benefits paid
 
(7,852
)
 
(7,224
)
Fair value of assets, end of year
 
$
249,700

 
253,452

 
 
 
 
 
Funded status
 
$
(60,608
)
 
(68,819
)
Schedule of Amounts Recognized in Consolidated Balance Sheet
Amounts Recognized in the Consolidated Balance Sheet:
 
 

 
 

Liabilities
 
$
(60,608
)
 
(68,819
)
Net pension liability, end of year
 
$
(60,608
)
 
(68,819
)
Schedule of Amounts recognized in Accumulated Other than Comprehensive Income
Amounts Recognized in AOCI:
 
 

 
 

Net actuarial loss
 
$
80,828

 
89,085

Total
 
$
80,828

 
89,085

Schedule of Other Information as of December 31
Other Information as of December 31:
 
 

 
 

Accumulated benefit obligation
 
$
310,307

 
318,018

Schedule of Components Of Net Periodic Benefit Cost And Other Amounts Recognized In Other Comprehensive Income
 
 
Pension Plan
($ in thousands)
 
2015
 
2014
 
2013
Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Income:
 
 

 
 

 
 

 
 
 
 
 
 
 
Net Periodic Benefit Cost:
 
 

 
 

 
 

Service cost
 
$
7,215

 
5,763

 
7,346

Interest cost
 
13,668

 
12,776

 
12,139

Expected return on plan assets
 
(15,969
)
 
(15,671
)
 
(15,755
)
Amortization of unrecognized prior service cost
 

 

 
21

Amortization of unrecognized actuarial loss
 
6,831

 
1,776

 
4,145

Curtailment expense
 

 

 
189

Total net periodic cost
 
$
11,745

 
4,644

 
8,085

 
 
 
 
 
 
 
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income:
 
 

 
 

 
 

Net actuarial (gain) loss
 
$
(1,425
)
 
52,556

 
(58,001
)
Reversal of amortization of net actuarial loss
 
(6,831
)
 
(1,776
)
 
(4,145
)
Reversal of amortization of prior service cost
 

 

 
(21
)
Curtailment expense
 

 

 
(189
)
Total recognized in other comprehensive income
 
$
(8,256
)
 
50,780

 
(62,356
)
 
 
 
 
 
 
 
Total recognized in net periodic benefit cost and other comprehensive income
 
$
3,489

 
55,424

 
(54,271
)
Schedule Of Weighted- Average Expense and Liability Assumptions
 
 
Pension Plan
 
 
2015
 
2014
 
2013
Weighted-Average Expense Assumptions for the years ended December 31:
 
 

 
 
 
 
Discount rate
 
4.29
%
 
5.16
 
4.66
Expected return on plan assets
 
6.27
%
 
6.92
 
7.40
Rate of compensation increase
 
4.00
%
 
4.00
 
4.00


Weighted-Average Liability Assumptions as of December 31:
 
 

 
 
Discount rate
 
4.69
%
 
4.29
Rate of compensation increase
 
4.00

 
4.00
Schedule of Allocation of Plan Assets
 
 
2015
 
2014
 
 
Target Ranges
 
Actual Percentage
 
Actual Percentage
Long duration fixed income
 
55%-100%

 
60
%
 
59
%
Global equity
 
0%-45%

 
36
%
 
25
%
Global Asset Allocation1
 
%
 
%
 
11
%
Private equity1,2
 
%
 
3
%
 
4
%
Cash and short-term investments1
 
%
 
1
%
 
1
%
Total
 
%
 
100
%
 
100
%


Schedule of Quantitative Disclosures of our Financial Assets that were Measured at Fair Value
December 31, 2015
 
 
 
Fair Value Measurements Using
($ in thousands)
 
Assets Measured at Fair Value 12/31/15
 
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:
 
 

 
 

 
 

 
 

AFS fixed income securities:
 
 
 
 
 
 
 
 
U.S. government and government agencies
 
$
104,115

 
42,702

 
61,413

 

Foreign government
 
15,181

 

 
15,181

 

Obligations of states and political subdivisions
 
1,359,142

 

 
1,359,142

 

Corporate securities
 
1,900,182

 

 
1,900,182

 

ABS
 
244,154

 

 
244,154

 

CMBS
 
243,592

 

 
243,592

 

RMBS
 
541,837

 

 
541,837

 

Total AFS fixed income securities
 
4,408,203

 
42,702

 
4,365,501

 

AFS equity securities:
 
 
 
 
 
 
 
 
Common stock
 
194,789

 
191,517

 

 
3,272

Preferred stock
 
12,262

 
12,262

 

 

Total AFS equity securities
 
207,051

 
203,779

 

 
3,272

Total AFS securities
 
4,615,254

 
246,481

 
4,365,501

 
3,272

Short-term investments
 
194,819

 
194,819

 

 

Total assets
 
$
4,810,073

 
441,300

 
4,365,501

 
3,272


 
December 31, 2014
 
 
 
Fair Value Measurements Using
($ in thousands)
 
Assets Measured at Fair Value 12/31/14
 
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:
 
 

 
 

 
 

 
 

AFS fixed income securities:
 
 
 
 
 
 
 
 
U.S. government and government agencies
 
$
124,130

 
53,199

 
70,931

 

Foreign government
 
27,831

 

 
27,831

 

Obligations of states and political subdivisions
 
1,246,264

 

 
1,246,264

 

Corporate securities
 
1,799,806

 

 
1,799,806

 

ABS
 
177,224

 

 
177,224

 

CMBS
 
179,593

 

 
179,593

 

RMBS
 
511,274

 

 
511,274

 

Total AFS fixed income securities
 
4,066,122

 
53,199

 
4,012,923

 

AFS equity securities:
 
 
 
 
 
 
 
 
Common stock
 
191,400

 
188,500

 

 
2,900

Total AFS equity securities
 
191,400

 
188,500

 

 
2,900

Total AFS securities
 
4,257,522

 
241,699

 
4,012,923

 
2,900

Short-term investments
 
131,972

 
131,972

 

 

Total assets
 
$
4,389,494

 
373,671

 
4,012,923

 
2,900


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

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets
Investments in Limited Partnerships
 
 
 
 
($ in thousands)
 
2015
 
2014
Fair value, beginning of year
 
$
10,392

 
12,159

Total gains (realized and unrealized)
 
 

 
 

included in changes in net assets
 
(410
)
 
1,586

Purchases
 
51

 
334

Sales
 

 

Issuances
 

 

Settlements
 
(3,575
)
 
(3,687
)
Transfers into Level 3
 

 

Transfers out of Level 3
 

 

Fair value, end of year
 
$
6,458

 
10,392

Schedule of Expected Benefit Payments
($ in thousands)
 
Pension Plan
Benefits Expected to be Paid in Future
 
 

Fiscal Years:
 
 

2016
 
$
9,917

2017
 
10,958

2018
 
12,005

2019
 
13,045

2020
 
14,092

2021-2025
 
84,400

Retirement Income Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Quantitative Disclosures of our Financial Assets that were Measured at Fair Value

December 31, 2015
 
 
 
Fair Value Measurements at 12/31/15 Using
($ in thousands)
 
Assets Measured at Fair Value At 12/31/15
 
Quoted Prices in Active Markets for Identical Assets/ Liabilities
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Description
 
 

 
 

 
 

 
 

Long duration fixed income:
 
 

 
 

 
 

 
 

Global asset allocation fund
 
$
33,565

 
33,565

 

 

   Extended duration fixed income
 
117,297

 
117,297

 

 

   Total long duration fixed income
 
150,862

 
150,862

 

 

Global equity:
 
 
 
 
 
 
 
 
Non-U.S. equity
 
42,603

 

 
42,603

 

U.S. equity
 
46,840

 

 
46,840

 

   Total global equity
 
89,443

 

 
89,443

 

Private equity (limited partnerships):
 


 


 


 


Private equity
 
4,852

 

 

 
4,852

Real estate
 
1,606

 

 

 
1,606

   Total private equity
 
6,458

 

 

 
6,458

Cash and short-term investments:
 
 
 
 
 
 
 
 
Short-term investments
 
1,600

 
1,600

 

 

   Deposit administration contracts
 
1,418

 

 
1,418

 

   Total cash and short-term investments
 
3,018

 
1,600

 
1,418

 

   Total invested assets
 
$
249,781

 
152,462

 
90,861

 
6,458


December 31, 2014
 
 
 
Fair Value Measurements at 12/31/14 Using
($ in thousands)
 
Assets Measured at Fair Value At 12/31/14
 
Quoted Prices in Active Markets for Identical Assets/ Liabilities
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Description
 
 

 
 

 
 

 
 

Long duration fixed income:
 
 

 
 

 
 

 
 

Global asset allocation fund
 
$
27,782

 
27,782

 

 

   Extended duration fixed income
 
120,532

 
120,532

 

 

   Total long duration fixed income
 
148,314

 
148,314

 

 

Global equity:
 
 
 
 
 
 
 
 
Non-U.S. equity
 
16,852

 
5,438

 
11,414

 

U.S. equity
 
47,719

 
47,719

 

 

   Total global equity
 
64,571

 
53,157

 
11,414

 

Global asset allocation
 
27,842

 
27,842

 

 

Private equity (limited partnerships):
 
 
 
 

 
 

 
 

Equity long/short hedge
 
41

 

 

 
41

Private equity
 
8,136

 

 

 
8,136

Real estate
 
2,215

 

 

 
2,215

   Total private equity
 
10,392

 

 

 
10,392

Cash and short-term investments:
 
 
 
 
 
 
 
 
Short-term investments
 
1,222

 
1,222

 

 

   Deposit administration contracts
 
1,180

 

 
1,180

 

   Total cash and short-term investments
 
2,402

 
1,222

 
1,180

 

   Total invested assets
 
$
253,521

 
230,535

 
12,594

 
10,392