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<br />®
<br />SELECTIVE
<br />Selective Insurance Company of America BoadNo.B
<br />40 Wantage Avenue
<br />1213499
<br />Branchville, New Jersey 07890
<br />973.948-3000
<br />STATEMENT OF FINANCIAL CONDITION
<br />Public Bid
<br />I hereby certify that the following information
<br />is contained in the Annual Statement of Selective Insurance Company of
<br />America ("SICA") to the New Jersey Department of Banking and 'Insurance as of December 31, 2018:
<br />Bonds
<br />$1,645,203 Reserve for losses and loss expenses
<br />$1,067,538
<br />Preferred stocks at convention value
<br />15,958 Reserve for unearned premiums
<br />407,747
<br />Provision for unauthorized
<br />Common stocks at convention values
<br />108,870 reinsurance
<br />613
<br />Subsidiary common shack at
<br />Commissions payable and
<br />convention values
<br />0 contingent commissions
<br />28,217
<br />Short-term investments
<br />118,739 Other accrued expenses
<br />27,209
<br />Mortgage loans on real estate
<br />(including collateral loans)
<br />32,517 Other liabilities
<br />375,544
<br />Other invested assets
<br />104,132 Total liabilities
<br />1,906,868
<br />Interest and dividends due or accrued
<br />13,554
<br />Premiums receivable
<br />378,538 Surplus as regards policyholders
<br />632A03
<br />Other admitted assets
<br />122,160
<br />Total liabilities and surplus as
<br />Total admitted assets
<br />2,539,671 regards policyholders
<br />L
<br />I further certify that the following is a true and exact excerpt from Article VII, Section 1 of the By -Laws of SICA, which is
<br />still valid and existing.
<br />The Chairman of the Board, President, Chief Executive Officer, any Executive Vice President,
<br />any Senior Vice President or any Corporate Secretary may, from time to time, appoint attorneys
<br />in fact, and agents to act for and on behalf of the Corporation and they may give such appointee
<br />such authority, as his/her certificate of authority may prescribe, to sign with the Corporation's
<br />name and seal with the Corporation's seal, bonds, recognizances, contracts of indemnity and
<br />other writings obligatory in the nature of a bond, recognizance or conditional undertaking, and
<br />any of said Officers may, at any time, remove any such appointee and revoke the power and
<br />authority given him/her. d.
<br />IN WITNESS WHEREOF, I hereunto subscribe my name and
<br />STATE OF NEW JERSEY :
<br />:ss. Branchville
<br />COUNTY OF SUSSEX
<br />On this Eda�►�" f 019, before me, the undersigned
<br />acknowledged himself to be a Corporate Secretary of SICA,
<br />to do, executed the foregoing instrument for the purposes th
<br />himself as Corporate Secretary.
<br />Michael H. Lanza
<br />SICA Corporate S
<br />2019.
<br />A i,�4
<br />W M
<br />My Commission expires0tillen 11141114, ,
<br />nally appeared Michael H.
<br />s such Corporate Secre
<br />by signing the name of
<br />
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