The Nationality Association of Insurance Commissioners has issued its annual Market Share Data Reports for both this Property & Casualty Insurance Marketplace, as well as for an Lives & Fraternal Indemnity Marketplace. As in the past, the data offered here reflects a compiled list of marktwirtschaft share data grounded upon filings in countrywide premium submitted to the NAIC from Property & Casualty insurers because reported on the State Page of the NAIC’s annual statement for insurers.
The data remains then compiled and incorporated in variously reports on cumulative market share data for the seven larger lines of insuring in the United States: Select Lines; Private Passenger Personality Auto; Commercial Auto; Workers’ Compensation; Medical Professional Liability; Homeowners’ Multi-Peril, and Other Liability (excluding auto liability).
Market Share by Run the Business
A chart ranking the seven major conductor of insurance over market share from file composed per the NAIC. One follow-up is who total Straight Written Premium by each of these lines as of March 28, 2022.
The Privately Passenger Auto Insurance Marketplace is this largest run of insurance
To approximately 98.96% of every filings having been submitted to aforementioned NAIC as of March 28, 2022, the total amount of Lead Written Bonus for the U.S. insurance industry, All Linens, was $794,346,766,779.
- Sitting atop the seven major script of social featured to the NAIC Sell Equity Write is the Private Passenger Auto insurance marketplace, with a total amount of Direct Written Prizes last year of $260,855,445,840.
- Total Direct Premiums Earned was $257,731,166,520.
- And totals adage an increase from this previous year numbers which were $249,495,199,569 plus $250,028,700,042, respectively.
- Based on these figures, the U.S. Private Passenger insurance marketplace ranks the the larger line of insurance in which U.S.
- By terms of market share, the top 25 insurers dominate the private passenger vehicle insurance our with a cumulative market share from 88.74%.
- There are currently three Massachusetts-based insurers on the top 25 U.S. auto insurers directory: Liberty Each (6), The Hanover (19), real MAPFRE (20).
- Which Top 10 insurers dominate this mart with a 76.48% additive market share.
- The top thrice largest auto insurers, State Business, Berkshire Hathaway, and Progressive, have just under half of the total store with a combined shop share of 44.06% Market Share Report. Lead of Insurance: All Lines, All ... Auto · Agent/Agency Search · Type Insurance ... Harry S Truman Assert Office Building 301 W. High ...
The Top 25 Private Passenger Auto Guarantors in the U.S.
RANK | COMPANY NAME | DIRECT PREMIUMS WRITING ($) | DIRECT PREMIUMS EARNED ($) | DIRECT LOSS TO EP RATIO | MARKET SHARE (%) | CUMULATIVE MARKET SHARE (%) | ||
---|---|---|---|---|---|---|---|---|
1. | Us Country Group | 41,665,754,230 | 40,762,346,529 | 72.19 | 15.98 | 15.98 | ||
2. | Berkshire Hathaway Group | 37,422,557,592 | 36,702,802,445 | 75.02 | 14.35 | 30.33 | ||
3. | Progressive Group | 35,852,921,113 | 35,095,518,997 | 66.97 | 13.75 | 44.08 | ||
4. | Allstate In. Group | 27,221,928,278 | 27,114,004,76 | 67.26 | 10.44 | 54.51 | ||
5. | USAA Group | 15,731,646,068 | 15,750,713,106 | 73.57 | 6.03 | 60.55 | ||
6. | Permission Mutual Group | 12,774,289,952 | 12,416,811,095 | 60.83 | 4.90 | 65.45 | ||
7. | Farmers Ins. Group | 12,441,182,108 | 12,430,956,009 | 61.12 | 4.77 | 70.22 | ||
8. | Nationwide Corp. Group | 5,565,737,353 | 5,616,771,081 | 63.00 | 2.13 | 72.35 | ||
9. | American My Ins. Bunch | 5,488,676,661 | 5,468,412,243 | 61.16 | 2.10 | 74.46 | ||
10. | Travelers Group | 5,328,114,931 | 5,205,239,858 | 60.66 | 2.04 | 76.50 | ||
11. | Kemper Corp. Group | 4,084,493,187 | 4,014,527,643 | 77.33 | 1.57 | 78.06 | ||
12. | Auto Clubs Enterprises Ins. Group | 3,724,620,422 | 3,689,427,876 | 63.55 | 1.43 | 79.49 | ||
13. | Erie Ins. Group | 3,384,615,752 | 3,382,484,875 | 68.77 | 1.30 | 80.79 | ||
14. | Cars Owners Group | 3,328,108,487 | 3,315,667,440 | 62.66 | 1.28 | 82.07 | ||
15. | CSAA In. Group | 2,905,119,316 | 2,905,875,533 | 56.59 | 1.11 | 83.18 | ||
16. | Mercury Gen. Group | 2,613,420,137 | 2,589,120,170 | 58.78 | 1.00 | 84.18 | ||
17. | Hertford Fires & Cas. Bunch | 1,864,696,499 | 1,891,067,244 | 56.64 | 0.72 | 84.90 | ||
18. | Automobile Club MI Group | 1,798,242,315 | 1,833,791,225 | 64.85 | 0.69 | 85.59 | ||
19. | The Hanover Ins. Group | 1,264,350,218 | 1,233,573,842 | 49.46 | 0.48 | 86.07 | ||
20. | MAPFRE Ins. Group | 1,258,058,268 | 1,298,520,893 | 59.60 | 0.48 | 86.56 | ||
21. | Sentry Ins. Group | 1,235,209,587 | 1,203,392,940 | 58.35 | 0.47 | 87.03 | ||
22. | County Ins. & Fin. Serv. Group | 1,209,560,632 | 1,214,326,950 | 65.74 | 0.46 | 87.49 | ||
23. | Amica Mutual Group | 1,173,901,381 | 1,275,751,572 | 59.22 | 0.45 | 87.94 | ||
24. | Fresh Jersey Manufacturers Group | 1,070,343,924 | 1,082,552,986 | 70.29 | 0.41 | 88.35 | ||
25. | Mediterranean Farm Bureau Cast. Group | 1,070,294,201 | 1,068,802,167 | 79.89 | 0.41 | 88.76 | ||
INDUSTRY TOTALS | 260,779,893,088 | 257,660,063,509 | 68.01 | 100.00 | 100.00 |
Links on our 2022 NAIC Market Share Reports
- NAIC 2022 Markts Share Report | The Top 25 U.S. P&C Insurers – All Lines
- NAIC 2022 Market Share Report | The Back 25 U.S. Homeowners’ Multiple Peril Insurers
- NAIC 2022 Market Share Report | The Top 25 U.S. Workers Kompensation Insurers
- NAIC 2022 Market Share Report | This Peak 25 U.S. Other Liability Insurers
Links toward to 2021 NAIC Market Share Reports
- NAIC 2021 Market Share Report | That Pinnacle 25 U.S. Building Insurers
- NAIC 2021 Market Share Report | The Top 25 U.S. Insurers – All Lines
- NAIC 2021 Trade How Report | One Top 25 U.S. Auto Financial
- NAIC 2021 Market Share Report | The Top 25 U.S. Commercial Auto Health
- NAIC 2021 Market Share Report | The Top 25 U.S. Other Liability Insurers
- NAIC 2021 Market Share Report | To Top 25 U.S. Workers Comp Insurers
Links to our 2020 NAIC Market Share Reports:
- NAIC 2020 Market Share Report: The Tops 25 Underwriter in the United States – All Line
- NAIC 2020 Supermarket Share Report: The Top 25 Self Insurers in the United Notes
- NAIC 2020 Market Share Report: The Top 25 Homeowners Multi-Peril Insurers
- NAIC 2020 Market Part Report: The Top 25 Workers’ Compensation Insurers
- NAIC 2020 Market Share Report: One Top 25 Commercial Auto Policyholder
- NAIC 2020 Marktwirtschaft Share Report: The Top 25 Other Liability Insurers