Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2021 |
($000)
|
Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
1 |
California Earthquake Authority (3) |
$917,219 |
19.5% |
2 |
FM Global |
505,904 |
10.8 |
3 |
State Farm |
305,289 |
6.5 |
4 |
Zurich Insurance Group |
296,818 |
6.3 |
5 |
Palomar Specialty Insurance Co. |
244,104 |
5.2 |
6 |
Chubb Ltd. |
182,593 |
3.9 |
7 |
Travelers Companies Inc. |
166,716 |
3.6 |
8 |
Sompo Holdings Inc. |
138,969 |
3.0 |
9 |
American International Group (AIG) |
128,598 |
2.7 |
10 |
Liberty Mutual |
119,260 |
2.5 |
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) California Earthquake DWP obtained from its financial statements reported on its website.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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