Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2019 |
($000)
|
Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
1 |
California Earthquake Authority |
$820,924 |
22.8% |
2 |
State Farm |
275,793 |
7.7 |
3 |
Zurich Insurance Group |
235,140 |
6.5 |
4 |
Chubb Ltd. |
173,210 |
4.8 |
5 |
Travelers Companies Inc. |
139,969 |
3.9 |
6 |
Palomar Specialty Insurance Co. |
139,639 |
3.9 |
7 |
American International Group (AIG) |
128,798 |
3.6 |
8 |
AXA |
104,071 |
2.9 |
9 |
GeoVera Insurance Group |
103,954 |
2.9 |
10 |
Sompo Holdings Inc. |
97,635 |
2.7 |
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
|