| Top 10 Writers Of Private Flood Insurance By Direct Premiums Written, 2018 (1) |
($000)
|
| Rank |
Group/company |
Direct premiums written (2) |
Market share (3) |
| 1 |
FM Global |
$299,749 |
42.7% |
| 2 |
Assurant Inc. |
83,042 |
11.8 |
| 3 |
Zurich Insurance Group |
77,128 |
11.0 |
| 4 |
American International Group (AIG) |
59,759 |
8.5 |
| 5 |
Swiss Re Ltd. |
49,688 |
7.1 |
| 6 |
Berkshire Hathaway Inc. |
19,837 |
2.8 |
| 7 |
Liberty Mutual |
19,329 |
2.8 |
| 8 |
Alleghany Corp. |
17,571 |
2.5 |
| 9 |
Allianz Group |
15,924 |
2.3 |
| 10 |
MAPFRE |
14,603 |
2.1 |
(1) Private flood includes both commercial and private residential coverage, primarily first-dollar stand-alone 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, includes territories.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
|