| Top 10 Writers Of Private Flood Insurance By Direct Premiums Written, 2021 (1) |
($000)
|
| Rank |
Group/company |
Direct premiums written (2) |
Market share (3) |
| 1 |
Zurich Insurance Group |
$168,788 |
16.0% |
| 2 |
American International Group (AIG) |
156,871 |
14.9 |
| 3 |
Assurant Inc. |
107,151 |
10.2 |
| 4 |
AXA |
71,163 |
6.8 |
| 5 |
Swiss Re Ltd |
60,763 |
5.8 |
| 6 |
Liberty Mutual |
59,941 |
5.7 |
| 7 |
Berkshire Hathaway Inc. |
52,113 |
5.0 |
| 8 |
Arch Capital Group Ltd. |
48,821 |
4.7 |
| 9 |
Chubb |
44,221 |
4.2 |
| 10 |
Allstate Corp. |
33,664 |
3.2 |
(1) Private flood includes both commercial and private residential coverage, primarily first-dollar standalone 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. |
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