Those are the pinnacle 20 property/casualty insurance companies within the US

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The state’s top 25 belongings/casualty coverage companies claim almost two-thirds of the whole marketplace and wrote greater than $552 billion in top class in 2017 – up 4.6% from the 12 months previous, according to new information from the countrywide association of coverage Commissioners.

State Farm group is over again the most important belongings/casualty insurance corporation within the US, representing 10.1% of the marketplace and writing $64.eight billion in direct rates – nearly $30 billion extra than its nearest competitor, Berkshire Hathaway ($38.four billion).

Liberty Mutual, Allstate and progressive all retained their marketplace scores as compared to 2016, with innovative the best one to boom its marketplace percentage via 0.four%.

Similarly down the top 10 rankings, national dropped places from eight to 10, with its direct rates written falling from $19.7 billion in 2016 to $19.2 billion in 2017. It switched locations with united states insurance organization, which boosted its direct premiums written from $18,2 billion in 2016 to $20.1 billion in 2017, increasing its market proportion with the aid of zero.1%

The 20 biggest assets/casualty coverage businesses, with the aid of direct rates written and marketplace share, are:

1. Country Farm

Direct premiums Written: $74.8 billion
Market place share: 11.1%

2. Berkshire Hathaway

Direct rates Written: $48.4 billion
Market place percentage: 7.0%

3. Liberty Mutual

Direct premiums Written: $43.7 billion
Market proportion: 6.2%

4. Allstate

Direct rates Written: $41.4 billion
Marketplace proportion: 5.8%

5. Modern

Direct rates Written: $37.7 billion
Market place percentage: 5.2%

6. vacationers

Direct charges Written: $34.7 billion
Market proportion: 4.8%

7. Chubb

Direct premiums Written: $31.1 billion
Marketplace proportion: 4.2%

8. USAA

Direct premiums Written: $30.0 billion
Market proportion: 4.0%

9. Farmers

Direct premiums Written: $29.7 billion
Market percentage: 3.9%

10. National

Direct rates Written: $29.2 billion
Marketplace proportion: 3.8%

11. AIG

Direct charges Written: $24.0 billion
Marketplace share: 3.4%

12.Zurich


Direct premiums Written: $13.0 billion
marketplace percentage: 2.0%

13. Hartford

Direct charges Written: 11.0 billion
Marketplace share: 1.7%

14. CNA

Direct charges Written: $10.4 billion
Market percentage: 1.6%

15. AmTrust institution

Direct premiums Written: $10.2 billion
Marketplace proportion: 1.6%

16. American family

Direct premiums Written: $8.3 billion
Market proportion: 1.3%

17. vehicle proprietors institution

Direct charges Written: $7.1 billion
Market percentage: 1.1%

18. Erie insurance

Direct rates Written: $6.6 billion
Market percentage: 1.0%

19. Tokio Marine

Direct charges Written: $6.6 billion
Market proportion: 1.0%

20. American monetary

Direct premiums Written: $5.9 billion
Marketplace proportion: 0.9%

Consistent with the coverage statistics Institute, US coverage enterprise internet premiums written totaled $1.2 trillion in 2017, with premiums recorded by way of life/health insurers accounting for 52%, and rates by means of belongings/casualty insurers accounting for forty eight%.

Consistent with the coverage statistics Institute, US coverage enterprise internet premiums written totaled $1.2 trillion in 2017, with premiums recorded by way of life/health insurers accounting for 52%, and rates by means of belongings/casualty insurers accounting for forty eight%.

NAIC information states there have been five,977 coverage agencies in 2016 inside the US (which include territories), along with percent (2,538), life/annuities (872), health (858), fraternal (85), title (55), risk retention companies (247) and other agencies (1,314).

The united states insurance industry hired 2.6 million humans in 2016, in keeping with the usa branch of labor. of those, 1.five million labored for coverage corporations, including life and fitness insurers (811,900 workers), percent insurers (648,2 hundred workers) and re insurers (25,000 workers). The ultimate 1.1 million human beings labored for insurance organizations, brokers and different insurance-related corporations.

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