Who are the largest property and casualty companies in the United States?
Top 25 U.S. Property And Casualty Companies
The Top 10 Insurance Companies Account For Almost 50% Of The Premiums Collected From The Insureds.
If you are interested in the “Top 25 Insurance Companies in Florida” click on this link.
The list is below is a market share report published in March of 2020 by the National Association of Insurance Commissioners (NAIC).
The National Association of Insurance Commissioners has ranked insurers from top-down order based on direct premium payments for policies written in 2019 for all lines of property/casualty insurance.1 The different lines of insurance included in the top 25 companies displayed in the rankings below are commercial auto, personal auto, workers’ compensation, homeowners, medical professional liability, and other liability (This list excludes auto liability).
|25 Largest Property/Casualty Insurers|
|2||Berkshire Hathaway||Berkshire Hathaway owns many insurers such as GEICO, National Indemnity, MedPro Group, General Reinsurance Company, and BoatU.S.|
|4||Liberty Mutual Grp.||Liberty Mutual Offers residential, commercial, and personal insurance coverage. Owns Ironshore, Ohio Casualty, Safeco, and Peerless Insurance.|
|5||Allstate||Sells personal, residential, and commercial coverages. Allstate also owns Esurance who is an online seller of personal insurance.|
|6||Travelers||Travelers Insurance also owns St. Paul Fire, Marine, and USF&G. They sell residential and commercial insurance|
|7||USAA||USAA insurance is for Military and Military Families.|
|8||Chubb Ltd. Grp||This firm was purchased by ACE in 2016 and the combined firm is called Chubb.|
|9||Farmers Ins. Grp.||US Farmers Insurance Company is a wholly-owned subsidiary of Zurich Insurance.|
|11||AIG||AIG owns dozens of subsidiaries’ insurance companies worldwide.|
|12||Zurich Ins. Grp.||Zurich Insurance Company owns Farmers Insurance Group.|
|18||Erie Ins. Group||.|
|19||Tokyo Marine Holdings||Tokyo Marine Holdings owns the Philadelphia Insurance Companies, which offers commercial coverages, and professional liability|
|20||Fairfax Financial Group||Fairfax Financial Group owns several insurers that operate in the U.S., including Allied World, Zenith National (workers compensation insurance), and Crum & Forster (which sells property & casualty coverages).|
|21||AmTrust Fin. Serv. Group|
|22||W.R. Berkley||W.R. Berkley Companies include Admiral Insurance, Acadia Insurance, and many other subsidiaries that use the Berkley name.|
|23||AXA Insurance Group||AXA Insurance Group also owns AXA XL.|