| Top 10 Writers Of Private Flood Insurance By Direct Premiums Written, 2022 (1) |
($000)
|
| Rank |
Group/company |
Direct premiums written (2) |
Market share (3) |
| 1 |
American International Group (AIG) |
$173,244 |
14.0% |
| 2 |
Zurich Insurance Group |
147,805 |
11.9 |
| 3 |
Assurant Inc. |
120,520 |
9.71 |
| 4 |
AXA |
117,210 |
9.4 |
| 5 |
Berkshire Hathaway Inc. |
101,830 |
8.2 |
| 6 |
Swiss Re Ltd. |
72,549 |
5.9 |
| 7 |
Sompo |
71,000 |
5.7 |
| 8 |
Liberty Mutual |
70,910 |
5.7 |
| 9 |
Chubb |
48,238 |
3.9 |
| 10 |
Allstate Corp. |
44,280 |
3.6 |
(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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