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Top 10 US Property and Casualty Insurance Companies

Sayan Dutta by Sayan Dutta
June 20, 2022
in Insurance
Reading Time: 2 mins read
Casualty Insurance
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According to the latest data from the National Association of Insurance Commissioners (NAIC), the country’s top 10 insurance undertakings claim almost two thirds of the overall market and in 2019 it received more than $708 billion in premiums.

State Farm Group again represents 9,27% of the U.S. market, and has written $65,6 billion of direct premiums – almost $20 milliards more than its closest rival, Berkshire Hathaway ($46,1 milliards) behind GEICO.

Liberty Mutual, Allstate and Progressive have moved their market share to 5.54 percent in 2017, though Progressive is leading the trio.

Chubb fell from the seven to the eight rankings, despite his written premiums rising from 21.2 billion dollars in 2017 to 23.3 billion dollars in 2019. The company moved to the USAA Insurance Group, which increased its direct premiums from $20.1 billion in 2017 to $23.4 billion in 2019 to 0.22%.

Table of Contents

  • Top 10 Property and Casualty Insurance Companies in USA
    • 1. State Farm Mutual Automobile Insurance
    • 2. Berkshire Hathaway Inc.
    • 3. Progressive Corp.
    • 4. Liberty Mutual
    • 5. Allstate Corp.
    • 6. Travelers Companies Inc.
    • 7. USAA Insurance Group
    • 8. Chubb Ltd.
    • 9. Farmers Insurance Group of Companies
    • 10. Nationwide Mutual Group

Top 10 Property and Casualty Insurance Companies in USA

Property and Casualty Insurance

By written direct premiums and market share, the 10 largest property/victim insurance categories are:

1. State Farm Mutual Automobile Insurance

Direct Premiums Written: $65.8 billion
Market Share: 9.3%

2. Berkshire Hathaway Inc.

Direct Premiums Written: $46.1 billion
Market Share: 6.6%

3. Progressive Corp.

Direct Premiums Written: $39.72 billion
Market Share: 5.6%

4. Liberty Mutual

Direct Premiums Written: $35.6 billion
Market Share: 5.01%

5. Allstate Corp.

Direct Premiums Written: $35.02billion
Market Share: 5 %

6. Travelers Companies Inc.

Direct Written Premiums: $28 billion
Market Share: 3.3%

7. USAA Insurance Group

Direct Written Premiums: $23.4 billion
Market Share: 3.32%

8. Chubb Ltd.

Direct Written Premiums: $23.3 billion
Market Share: 3.30%

9. Farmers Insurance Group of Companies

Direct Written Premiums: $20.6 billion
Market Share: 2.92%

10. Nationwide Mutual Group

Direct Written Premiums: $18.4 billion
Market Share: 2.60%

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Sayan Dutta

Sayan Dutta

I am glad you came over here. So, you want to know a little bit about me. I am a passionate digital marketer, blogger, and engineer. I have knowledge & experience in search engine optimization, digital analytics, google algorithms, and many other things.

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