XML 85 R53.htm IDEA: XBRL DOCUMENT v3.24.0.1
Statutory Financial Information, Capital Requirements, and Restrictions on Dividends and Transfers of Funds (Tables)
 12 Months Ended
Dec. 31, 2023
Insurance [Abstract]  
Schedule of Insurance Subsidiaries Statutory Surplus Data
State of DomicileUnassigned SurplusStatutory SurplusStatutory Net Income
($ in millions)2023202220232022202320222021
SICANew Jersey$773.6 686.6 938.8 851.8 120.4 103.1 134.7 
Selective Way Insurance Company ("SWIC")New Jersey513.5 461.9 569.3 517.8 64.1 69.6 74.5 
SICSCIndiana201.3 164.1 235.6 198.4 26.0 17.0 24.2 
SICSEIndiana155.1 135.9 182.7 163.5 21.6 14.2 19.4 
SICNYNew York152.4 137.4 180.1 165.1 16.4 13.2 18.6 
Selective Insurance Company of New England ("SICNE")New Jersey45.5 38.2 76.7 69.3 8.3 5.1 7.5 
Selective Auto Insurance Company of New Jersey ("SAICNJ")New Jersey119.3 102.2 164.2 147.1 16.2 12.7 16.7 
Mesa Underwriters Specialty Insurance Company ("MUSIC")New Jersey64.3 52.8 133.7 122.3 14.4 9.7 13.9 
Selective Casualty Insurance Company ("SCIC")New Jersey107.8 91.4 184.3 167.9 24.0 14.0 20.6 
Selective Fire and Casualty Insurance Company ("SFCIC")New Jersey43.9 37.6 76.9 70.5 7.4 5.8 8.2 
Total$2,176.7 1,908.1 2,742.3 2,473.7 318.8 264.4 338.3 
Schedule of Insurance Subsidiaries Dividend Paid To Parent
Dividends
Twelve Months ended December 31, 2023
2024
($ in millions)State of DomicileOrdinary Dividends PaidMaximum Ordinary Dividends
SICANew Jersey$41.5 $117.7 
SWICNew Jersey16.3 62.4 
SICSCIndiana3.8 26.0 
SICSEIndiana4.4 21.6 
SICNYNew York2.0 18.0 
SICNENew Jersey1.0 8.1 
SAICNJNew Jersey0.8 16.4 
MUSICNew Jersey3.5 14.3 
SCICNew Jersey5.2 24.0 
SFCICNew Jersey1.5 7.7 
Total$80.0 $316.2