Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2015 |
($000)
|
Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
1 |
California Earthquake Authority |
$635,955 |
22.0% |
2 |
State Farm Mutual Automobile Insurance |
244,245 |
8.4 |
3 |
Zurich Insurance Group (3) |
201,147 |
6.9 |
4 |
American International Group (AIG) |
150,119 |
5.2 |
5 |
Chubb Ltd. (4) |
148,712 |
5.1 |
6 |
Travelers Companies Inc. |
140,949 |
4.9 |
7 |
GeoVera Insurance Holdings Ltd. |
114,353 |
4.0 |
8 |
Liberty Mutual |
79,177 |
2.7 |
9 |
Berkshire Hathaway Inc. |
78,007 |
2.7 |
10 |
Swiss Re Ltd. |
73,634 |
2.5 |
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) Data for Farmers Insurance Group of Companies and Zurich Financial Group (which owns Farmers' management company) are reported separately by S&P Global Market Intelligence.
(4) Chubb Ltd. data reflects the 2015 merger with Ace Ltd.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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