EXHIBIT 10.14c - COVER LETTER
March 21, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Reinsurance Agreement, as amended through April 18, 1995, between Selective insurance Company of
America, Selective Way Insurance Company, Selective Insurance Company of the Southeast, Selective
Insurance Company of South Carolina, Exchange Insurance Company and American Re-Insurance Company
(Contract No. 3525-0076)
Ladies and Gentlemen:
Accompanying this letter for filing pursuant to the Securities Act of 1933, are amendments, dated February 15,
1996 and July 19, 1996, to the reinsurance agreement referred to above. This agreement was filed as Exhibit
10.12b to the Company's Annual Report on Form 10-K for the year ended December 31, 1995, File No. 0-
Very truly yours,
Attached to and forming part of Reinsurance Agreement No. 3525-0076 between SELECTIVE INSURANCE
COMPANY OF AMERICA and the SELECTIVE WAY
INSURANCE COMPANY, both of Branchville, New Jersey and the SELECTIVE
INSURANCE COMPANY OF THE SOUTHEAST and the SELECTIVE INSURANCE COMPANY OF
SOUTH CAROLINA, both of Charlotte, North Carolina, the EXCHANGE INSURANCE COMPANY, of
Buffalo, New York and the CHARLESTON INSURANCE COMPANY, of Charleston, South Carolina
(therein and herein collectively referred to as the "Company") and the AMERICAN RE-INSURANCE
COMPANY, Princeton, New Jersey (therein and herein referred to as the "Reinsurer").
It is understood and agreed that effective 12:01 A.M., January 1, 1996 Exhibit C is terminated in accordance
with the terms contained in Section 7, Termination, of Exhibit C.
IN WITNESS WHEREOF the parties hereto have caused this Endorsement to be executed in duplicate this is
15th day of February ,1996.
SELECTIVE INSURANCE COMPANY OF AMERICA
SELECTIVE WAY INSURANCE COMPANY
/s/ Leo L. McConville, Jr.
Leo L. McConville, Jr.