| Top 10 Writers Of Private Flood Insurance By Direct Premiums Written, 2023 (1) |
($000)
|
| Rank |
Group/company |
Direct premiums written (2) |
Market share (3) |
| 1 |
Zurich Insurance Group |
$165,972 |
12.1% |
| 2 |
Berkshire Hathaway Inc. |
161,266 |
11.8 |
| 3 |
AXA |
144,462 |
10.5 |
| 4 |
Assurant Inc. |
123,545 |
9.0 |
| 5 |
American International Group (AIG) |
119,244 |
8.7 |
| 6 |
Liberty Mutual |
87,811 |
6.4 |
| 7 |
Swiss Re Ltd. |
77,037 |
5.6 |
| 8 |
MS&AD Insurance |
76,243 |
5.6 |
| 9 |
Sompo |
64,683 |
4.7 |
| 10 |
Allstate Corp. |
54,988 |
4.0 |
(1) Private flood includes both commercial and private residential coverage, primarily first-dollar standalone policies that cover the flood peril and excess flood. Excludes sewer/water backup and the crop flood peril.
(2) Before reinsurance transactions.
(3) Based on U.S. total, excluding territories
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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