Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2020 |
($000)
|
Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
1 |
California Earthquake Authority |
$843,756 |
19.8% |
2 |
FM Global |
341,855 |
8.0 |
3 |
Zurich Insurance Group |
284,421 |
6.7 |
4 |
State Farm |
284,085 |
6.7 |
5 |
Chubb Ltd. |
187,598 |
4.4 |
6 |
Palomar Specialty Insurance Co. |
183,302 |
4.3 |
7 |
Travelers Companies Inc. |
156,662 |
3.7 |
8 |
American International Group (AIG) |
141,374 |
3.3 |
9 |
Sompo Holdings Inc. |
122,128 |
2.9 |
10 |
AXA SA |
119,627 |
2.8 |
(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. |
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