Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2022 |
($000)
|
Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
1 |
California Earthquake Authority (3) |
$956,388 |
19.1% |
2 |
FM Global |
486,253 |
9.7 |
3 |
Palomar Specialty Insurance Co. |
360,454 |
7.2 |
4 |
State Farm |
324,356 |
6.5 |
5 |
Zurich Insurance Group |
304,194 |
6.1 |
6 |
Berkshire Hathaway |
203,688 |
4.1 |
7 |
Travelers Companies Inc. |
183,684 |
3.7 |
8 |
Chubb Ltd. |
180,191 |
3.6 |
9 |
Sompo Holdings Inc. |
141,751 |
2.8 |
10 |
Liberty Mutual |
134,184 |
2.7 |
(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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