| Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2016 |
($000)
|
| Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
| 1 |
California Earthquake Authority |
$621,549 |
21.8% |
| 2 |
State Farm Mutual Automobile Insurance |
250,285 |
8.8 |
| 3 |
Zurich Insurance Group (3) |
176,528 |
6.2 |
| 4 |
Chubb Ltd. |
157,716 |
5.5 |
| 5 |
American International Group (AIG) |
143,347 |
5.0 |
| 6 |
Travelers Companies Inc. |
128,097 |
4.5 |
| 7 |
GeoVera Insurance Group |
110,298 |
3.9 |
| 8 |
Liberty Mutual |
77,832 |
2.7 |
| 9 |
Swiss Re Ltd. |
67,335 |
2.4 |
| 10 |
Berkshire Hathaway Inc. |
63,603 |
2.2 |
(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.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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