| Top 10 Writers of Private Flood °µÍø½ûÇø By Direct Premiums Written, 2017 (1) |
($000)
|
| Rank |
Group/company |
Direct premiums written (2) |
Market share (3) |
| 1 |
FM Global |
$237,334 |
40.3% |
| 2 |
Assurant Inc. |
89,901 |
15.3 |
| 3 |
Zurich °µÍø½ûÇø Group (4) |
62,749 |
10.7 |
| 4 |
American International Group (AIG) |
58,233 |
9.9 |
| 5 |
Swiss Re AG |
26,336 |
4.5 |
| 6 |
Berkshire Hathaway Inc. |
17,120 |
2.9 |
| 7 |
Liberty Mutual |
15,460 |
2.6 |
| 8 |
Alleghany Corp. |
13,197 |
2.2 |
| 9 |
MAPFRE SA |
13,103 |
2.2 |
| 10 |
Allianz |
11,705 |
2.0 |
| |
Total, all insurers |
$589,147 |
100.0% |
(1) Private flood includes both commercial and private residential coverage, primarily first-dollar standalone policies that cover the flood peril and excess flood. Excludes sewer/water backup and the crop flood peril.
(2) Before reinsurance transactions.
(3) Based on U.S. total, includes territories.
(4) Data for Farmers °µÍø½ûÇø Group of Companies and Zurich Financial Group (which owns Farmers' management company) are reported separately by S&P Global Market Intelligence.
Source: NAIC data, sourced from S&P Global Market Intelligence, °µÍø½ûÇø Information Institute. |
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