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TOP TEN WRITERS OF EARTHQUAKE INSURANCE BY DIRECT PREMIUMS WRITTEN, 2009

($000)

Rank Group Direct premiums written (1) Market share
1 California Earthquake Authority $607,677 23.5%
2 State Farm Group 251,599 9.8
3 Zurich Financial Services Ltd. 235,869 9.1
4 American International Group  160,096 6.2
5 GeoVera Insurance Holdings Ltd. 130,818 5.1
6 Travelers Companies 102,230 4.0
7 AXIS Capital Holdings Ltd. 95,818 3.7
8 Liberty Mutual Holding Company 79,989 3.1
9 ACE Ltd.  77,848 3.0
10 Endurance Specialty Holdings  68,556 2.7

(1) Before reinsurance transactions. Includes state funds.

Source: SNL Financial LC.