| Top 10 Writers Of Cybersecurity Insurance By Direct Premiums Written, 2017 (1) |
($000)
|
| Rank |
Group/company |
Direct premiums written (2) |
As a percent of total |
| 1 |
Chubb Ltd. |
$316,253 |
17.0% |
| 2 |
American International Group |
228,739 |
12.3 |
| 3 |
XL Group Ltd. |
177,879 |
9.6 |
| 4 |
Travelers Companies Inc. |
119,133 |
6.4 |
| 5 |
AXIS |
101,509 |
5.5 |
| 6 |
Beazley Insurance Co. |
95,007 |
5.1 |
| 7 |
CNA Financial Corp. |
73,127 |
3.9 |
| 8 |
BCS Financial Corp. |
69,899 |
3.8 |
| 9 |
Liberty Mutual |
60,013 |
3.2 |
| 10 |
Zurich Insurance Group (3) |
43,040 |
2.3 |
| |
Total, top 10 |
$1,284,600 |
69.1% |
| |
Total (4) |
$1,859,283 |
100.0% |
(1) Includes stand-alone policies and the cybersecurity portion of package policies. Does not include premiums from companies that cannot report premiums for cybersecurity coverage provided as part of package policies.
(2) Before reinsurance transactions.
(3) Data for Farmers Group of Insurance Companies and Zurich Financial Group (which owns Farmers' management company) are reported separately by S&P Global Market Intelligence.
(4) Includes only companies that can report premiums for stand-alone cybersecurity coverage and coverage provided as part of package policies.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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