Kansas City, MO – The National Association of Insurance Commissioners (NAIC) recently released data on life/fraternal and property/casualty insurers.
The reports provide market share information and identify leading insurance writers in several key lines of business. The reports reflect data filed by insurers as of March 1 and will be refreshed daily through March 4 and then each Monday throughout March.
The 2021 market share data include countrywide direct written premiums for the top 25 groups and companies as reported on the state page of the annual financial statement for insurers that report to the NAIC.
The Property/Casualty Market Share report contains cumulative market share data for the following lines of business: personal auto, commercial auto, workers’ compensation, medical professional liability, homeowners, and other liability (excluding auto liability) insurance.
Highlights from the report include:
- With 67.36% of property and casualty insurance companies reporting so far, direct premiums written for all lines of business are $574,678,926,948.
- The Top 10 property and casualty companies reporting so far have a cumulative market share of 51.84%.
- Total private passenger auto insurance has the largest amount of direct premiums written reported as of March 1st, 2022, at $179,440,143,179, which is about 31% of all written premiums.
View the NAIC Property/Casualty Market Share report (PDF)
The full 2021 Market Share Reports for Life/Fraternal Groups and Companies and 2021 Market Share Reports for Property/Casualty Groups and Companies will be available this summer and will contain more in-depth information.
Source: NAIC