2020 Market Share Reports for Property/Casualty Groups …

1 2020 Market Share Reports for Property/Casualty Groups and Companies By State and Countrywide 2021 Edition The NAIC is the authoritative source for insurance industry information. Our expert solutions support the efforts of regulators, insurers and researchers by providing detailed and comprehensive insurance information. The NAIC offers a wide range of publications in the following categories: Accounting & Reporting Information about statutory accounting principles and the procedures necessary for filing financial annual statements and conducting risk-based capital calculations. Special Studies Studies, Reports , handbooks and regulatory research conducted by NAIC members on a variety of insurance related topics.

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4 All rights reserved. ISBN: 978-1- 64179-127-4 Printed in the United States of America No part of this book may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or any storage or retrieval system, without written permission from the NAIC. NAIC Executive Office 444 North Capitol Street, NW Suite 700 Washington, DC 20001 NAIC Central Office 1100 Walnut Street Suite 1500 Kansas City, MO 64106 NAIC Capital Markets & Investment Analysis Office One New York Plaza, Suite 4210 New York, NY 10004 2020 Market Share Reports for Property/Casualty Groups and Companies By State and Countrywide TABLE OF CONTENTS Introduction.

5 1 Property/Casualty Market Share report Applications .. 3 Countrywide Loss Ratios by Line of Business 5 Years .. 5 Direct Written Premium Trend Graph .. 9 2020 Market Share Reports by Line of Business Top 125 Countrywide (both with and without Canada & Other Alien data) Top 10 by State Line Number 35 Total All Lines .. 11 01 Fire .. 33 Allied Lines .. 55 Multiple Peril Crop .. 77 Federal Flood .. 93 Private Crop .. 111 Private Flood .. 125 03 Farmowners Multiple Peril .. 143 04 Homeowners Multiple Peril .. 163 , Total Commercial Multiple Peril .. 183 06 Mortgage Guaranty .. 205 08 Ocean Marine .. 221 09 Inland Marine .. 241 10 Financial Guaranty .. 263 11 Medical Professional 275 12 Earthquake.

6 295 16 Workers Compensation .. 317 , Other Liability .. 337 Excess Workers Compensation .. 359 18 Products Liability .. 377 , Private Passenger Auto Liability .. 397 Private Passenger Auto Physical Damage .. 417 , , Total Private Passenger Auto .. 437 , Commercial Auto Liability .. 457 Commercial Auto Physical Damage .. 479 , , Total Commercial Auto .. 499 22 Aircraft (All Perils) .. 521 23 Fidelity .. 539 24 Surety .. 559 26 Burglary and Theft .. 581 27 Boiler and Machinery .. 601 28 Credit .. 621 30 Warranty .. 639 34 Aggregate Write-Ins for Other Lines of Business .. 657 Technical Notes .. 677 Index of Insurer Groups and Companies .. 683 2021 National Association of insurance Commissioners 2021 National Association of insurance Commissioners INTRODUCTION These 2020 Market Share Reports for Property/Casualty Groups and Companies by State and Countrywide are intended to make Property/Casualty (P/C) Market Share information more readily available.

7 Direct Written Premiums are taken from the Exhibit of Premiums and Losses (page 19 Statutory page 14) in the NAIC P/C annual statement. In the Workers Compensation and Total All Lines sections of this report , Direct Written Premiums includes prior-year state fund premium data reported directly to the NAIC for the following states: North Dakota, Ohio, South Carolina, Washington and Wyoming. In the Fire, Homeowners, Allied and Total All Lines sections of this report , Direct Written Premiums includes estimated 2020 premium data reported directly to the NAIC from the Louisiana state-run property insurer of last resort. insurance Groups are made up of insurance companies that are related by ownership.

8 The Market Share Reports show data by group for those insurers that are members of a group. This allows the report to more accurately reflect the number of distinct entities that are competing against one another for business in the Market . An index listing the individual insurers within a group is included at the end of the report . Insurers merge, change names, and buy and sell companies; however, the index gives a snapshot view of group structures as filed with the NAIC on July 6, 2021, the date this report was generated. Market shares for 33 lines of business are included in this report , plus Aggregate Write-ins for Other Lines of Business and the Total for All Lines.

9 By state, the report is limited to the top 10 Groups and companies in order to keep the publication to a manageable size. However, the top 125 Groups and companies are shown for each line of business for the following countrywide aggregations: States, Territories, Canada and Aggregate Other Alien States and Territories Accident and health insurance data are reported to the NAIC on three annual statements: P/C, life/health and health. Market shares for the individual accident and health lines of business are not included in this report . A separate publication, Market Share Reports for the Top 125 Accident and Health insurance Companies and Groups by State and Countrywide, combi nes data from all three statements to provide complete Market Share information for that line.

10 (Note: The Total All Lines Market Share in this publication represents Total Line 35 as reported on annual statement Page 19 and, therefore, will include accident and health data.) Commercial Multi-Peril (CMP) is shown in total only, as the distinction between the property and liability portions of CMP are meaningful for analysis of loss development, but less so for analysis of Market Share . No Fault and Liability coverages are combined for both private passenger and commercial auto due to inconsistent reporting of No Fault data among the various companies and states. This report provides cumulative Market Share data for the top 10 writers by state, and for the top 125 writers countrywide.