To help stakeholders identify the leading insurance writers and provide an indicator of the degree of market concentration in lines of business, the
The 2010 market share data includes countrywide direct written premium for the top 25 groups and companies as reported on the State Page of the annual statement for insurers that report to the NAIC.
The property/casualty report contains cumulative market share data for personal auto, commercial auto, workers' compensation, medical professional liability, homeowners and other liability (excluding auto liability) insurance.
The life/fraternal market share report contains cumulative market share data for life, annuity considerations, and aggregate total of life insurance, annuity considerations, deposit-type contract funds, other considerations and accident/health insurance.
The top 25 property/casualty companies include:
Rank/Company-Group/Direct Written Premiums/Market Share
1. STATE FARM GRP 52,378,166,087 10.90
2. ZURICH INS GRP 27,442,023,829 5.71
3. ALLSTATE INS GRP 25,863,277,263 5.38
4. AMERICAN INTL GRP 25,424,443,037 5.29
5. LIBERTY MUT GRP 25,318,186,897 5.27
6. TRAVELERS GRP 21,541,288,717 4.48
7. BERKSHIRE HATHAWAY GRP 16,560,343,777 3.45
8. NATIONWIDE CORP GRP 14,875,571,991 3.10
9. PROGRESSIVE GRP 14,699,900,743 3.06
10. UNITED SERV AUTOMOBILE ASSN GRP 11,235,772,281 2.34
11. HARTFORD FIRE & CAS GRP 10,370,367,151 2.16
12. CHUBB & SON INC GRP 9,330,464,247 1.94
13. ACE LTD GRP 8,166,828,128 1.70
14. CNA INS GRP 7,848,240,005 1.63
15. AMERICAN FAMILY INS GRP 5,594,102,782 1.16
16. ALLIANZ INS GRP 5,392,362,014 1.12
17. AUTO OWNERS GRP 4,673,177,949 0.97
18. QBE INS GRP 4,273,716,597 0.89
19. ERIE INS GRP 4,034,553,043 0.84
20. ASSURANT INC GRP 3,801,832,802 0.79
21. AMERICAN FINANCIAL GRP 3,418,671,451 0.71
22. WR BERKLEY CORP GRP 3,285,287,431 0.68
23. CINCINNATI FIN GRP 3,123,542,530 0.65
24. THE HANOVER INS GRP 3,090,787,116 0.64
25. OLD REPUBLIC GRP 3,067,170,436 0.64
Direct written premium – industry total: 480,575,204,114
The top 25 life/fraternal companies include:
Rank/Company-Group/Direct Written Premiums/Market Share
1. METROPOLITAN GRP 11,184,399,925 7.77
2. AMERICAN INTL GRP 9,432,865,685 6.55
3. NORTHWESTERN MUT GRP 8,542,955,321 5.93
4. NEW YORK LIFE GRP 8,220,726,155 5.71
5. PRUDENTIAL OF AMER GRP 6,952,003,694 4.83
6. LINCOLN NATL GRP 5,605,376,813 3.89
7. JOHN HANCOCK GRP 5,116,520,445 3.55
8. AEGON US HOLDING GRP 4,455,137,270 3.09
9. MASS MUT LIFE INS GRP 3,690,431,293 2.56
10. STATE FARM GRP 3,578,105,606 2.49
11. AFLAC GRP 3,345,509,768 2.32 48.71
12. AXA INS GRP 3,327,459,179 2.31
13. HARTFORD FIRE & CAS GRP 3,236,643,384 2.25
14. GUARDIAN LIFE GRP 3,077,184,508 2.14
15. ING AMER INS HOLDING GRP 2,647,062,410 1.84
16. PROTECTIVE LIFE INS GRP 2,509,216,963 1.74
17. ALLSTATE INS GRP 2,372,851,646 1.65
18. MINNESOTA MUT GRP 2,266,554,920 1.57
19. PACIFIC LIFE GRP 2,261,110,675 1.57
20. CITIGROUP GRP 1,970,236,783 1.37
21. SUN LIFE ASSUR CO OF CN GRP 1,877,310,143 1.30
22. GENWORTH FIN GRP 1,850,787,300 1.29
23. UNUMPROVIDENT CORP GRP 1,687,675,289 1.17
24. CIGNA HLTH GRP 1,650,308,502 1.15
25. NATIONWIDE CORP GRP 1,631,539,477 1.13
**Direct Written Premium – industry total 143,963,193,071
Both reports will be refreshed daily through March 11, and then each Monday through the end of March. Abbreviated reports are available for viewing at no charge on the NAIC website:
Complete and in-depth market share information will be featured in the 2010 Market Share Reports for Property/Casualty and 2010 Market Share Reports for Life/Fraternal, which will be available this summer.