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TOP TEN WRITERS OF EARTHQUAKE INSURANCE BY DIRECT PREMIUMS WRITTEN, 2011

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 California Earthquake Authority $614,308 28.5%
2 State Farm Mutual Automobile Insurance 236,273 11.0
3 American International Group 184,217 8.6
4 Zurich Insurance Group Ltd. (3) 174,930 8.1
5 Travelers Companies Inc. 135,438 6.3
6 GeoVera Insurance Holdings Ltd. 124,279 5.8
7 AXIS Capital Holdings Ltd. 114,604 5.3
8 Liberty Mutual 83,117 3.9
9 ACE Ltd. 72,983 3.4
10 Endurance Specialty Holdings 61,614 2.9

(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total including territories.
(3) Data for Farmers Group and Zurich Financial Group (which owns Farmers’ management company) are reported separately by SNL Financial.

Source: SNL Financial LC.