| Top 10 Writers Of Multiple Peril Crop Insurance By Direct Premiums Written, 2023 |
($000)
|
| Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
| 1 |
QBE Insurance Group Ltd. |
$3,743,732 |
20.5% |
| 2 |
Chubb Ltd. |
3,504,350 |
19.2 |
| 3 |
Zurich Insurance Group |
2,861,603 |
15.7 |
| 4 |
Sompo |
2,467,788 |
13.5 |
| 5 |
Great American Insurance Group |
1,616,736 |
8.8 |
| 6 |
Farmers Mutual Hail Insurance Company of Iowa |
1,282,787 |
7.0 |
| 7 |
American International Group (AIG) |
1,018,225 |
5.6 |
| 8 |
Tokio Marine |
941,754 |
5.2 |
| 9 |
AXA |
266,646 |
1.5 |
| 10 |
Farm Bureau Financial Services |
196,065 |
1.1 |
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, excluding territories.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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