Which property & casualty insurers consistently rank among the top in the industry?
Several large national insurers probably come to mind immediately, such as State Farm, Liberty Mutual, and Progressive. But how do they compare to one another year-over-year?
According to annual market share reports from the National Association of Insurance Commissioners (NAIC), the top five P&C insurers across all lines of business remained unchanged from 2016 to 2019. But, in 2015, there was another insurer amongst the top five. Also, consider how several of the largest U.S. P&C insurers acquired more market share in recent years as others experienced reduced market footprint and premium business.
To compare how the leading insurance writers perform each year, the infographic below features direct premiums written, direct premiums earned, and market share percentages from the past five years, according to the NAIC. For more detailed information about the top 25 companies in 2019, click the link in at the bottom of the graph.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.