TOP TEN WRITERS OF EARTHQUAKE INSURANCE BY DIRECT PREMIUMS WRITTEN, 2009
| 1 |
California Earthquake Authority |
$607,677 |
23.5% |
| 2 |
State Farm Group |
251,599 |
9.8 |
| 3 |
Zurich Financial Services Ltd. |
235,869 |
9.1 |
| 4 |
American International Group |
160,096 |
6.2 |
| 5 |
GeoVera Insurance Holdings Ltd. |
130,818 |
5.1 |
| 6 |
Travelers Companies |
102,230 |
4.0 |
| 7 |
AXIS Capital Holdings Ltd. |
95,818 |
3.7 |
| 8 |
Liberty Mutual Holding Company |
79,989 |
3.1 |
| 9 |
ACE Ltd. |
77,848 |
3.0 |
| 10 |
Endurance Specialty Holdings |
68,556 |
2.7 |
|
(1) Before reinsurance transactions. Includes state funds.
Source: SNL Financial LC.
TOP TEN WRITERS OF EARTHQUAKE INSURANCE BY DIRECT PREMIUMS WRITTEN, 2010
| 1 |
California Earthquake Authority |
$602,412 |
22.7% |
| 2 |
State Farm Mutual Automobile Insurance |
236,892 |
8.9 |
| 3 |
Zurich Financial Services Ltd. |
195,520 |
7.4 |
| 4 |
American International Group |
190,563 |
7.2 |
| 5 |
Travelers Companies |
133,775 |
5.0 |
| 6 |
GeoVera Insurance Holdings Ltd. |
125,772 |
4.7 |
| 7 |
AXIS Capital Holdings Ltd. |
111,114 |
4.2 |
| 8 |
Liberty Mutual Holding Co. |
76,936 |
2.9 |
| 9 |
ACE Ltd. |
75,143 |
2.8 |
| 10 |
Endurance Specialty Holdings |
65,428 |
2.5 |
|
(1) Before reinsurance transactions. Includes state funds.
Source: SNL Financial LC.
TOP TEN WRITERS OF EARTHQUAKE INSURANCE BY DIRECT PREMIUMS WRITTEN, 2011
| 1 |
California Earthquake Authority |
$614,308 |
28.5% |
| 2 |
State Farm Mutual Automobile Insurance |
236,273 |
11.0 |
| 3 |
American International Group |
184,217 |
8.6 |
| 4 |
Zurich Insurance Group Ltd. (3) |
174,930 |
8.1 |
| 5 |
Travelers Companies Inc. |
135,438 |
6.3 |
| 6 |
GeoVera Insurance Holdings Ltd. |
124,279 |
5.8 |
| 7 |
AXIS Capital Holdings Ltd. |
114,604 |
5.3 |
| 8 |
Liberty Mutual |
83,117 |
3.9 |
| 9 |
ACE Ltd. |
72,983 |
3.4 |
| 10 |
Endurance Specialty Holdings |
61,614 |
2.9 |
|
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total including territories.
(3) Data for Farmers Group and Zurich Financial Group (which owns Farmers’ management company) are reported separately by SNL Financial.
Source: SNL Financial LC.
TOP TEN WRITERS OF EARTHQUAKE INSURANCE BY DIRECT PREMIUMS WRITTEN, 2012
| 1 |
California Earthquake Authority |
$566,664 |
19.9% |
| 2 |
State Farm Mutual Automobile Insurance |
231,877 |
8.1 |
| 3 |
Zurich Insurance Group Ltd. (3) |
193,214 |
6.8 |
| 4 |
American International Group |
183,585 |
6.5 |
| 5 |
Travelers Companies Inc. |
137,800 |
4.8 |
| 6 |
GeoVera Insurance Holdings Ltd. |
121,021 |
4.3 |
| 7 |
AXIS Capital Holdings Ltd. |
102,776 |
3.6 |
| 8 |
Liberty Mutual |
93,982 |
3.3 |
| 9 |
ACE Ltd. |
78,917 |
2.8 |
| 10 |
Swiss Re Ltd. |
65,725 |
2.3 |
|
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) Data for Farmers Insurance Group of Companies and Zurich Financial Group (which owns Farmers' management company) are reported separately by SNL Financial LC.
Source: SNL Financial LC.
TOP 10 WRITERS OF EARTHQUAKE INSURANCE BY DIRECT PREMIUMS WRITTEN, 2013
| Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
| 1 |
California Earthquake Authority |
$573,960 |
20.0% |
| 2 |
State Farm Mutual Automobile Insurance |
228,898 |
8.0 |
| 3 |
Zurich Insurance Group (3) |
217,978 |
7.6 |
| 4 |
American International Group |
150,861 |
5.3 |
| 5 |
Travelers Companies Inc. |
143,022 |
5.0 |
| 6 |
GeoVera Insurance Holdings Ltd. |
118,128 |
4.1 |
| 7 |
Liberty Mutual |
100,496 |
3.5 |
| 8 |
ACE Ltd. |
86,556 |
3.0 |
| 9 |
Swiss Re Ltd. |
84,249 |
2.9 |
| 10 |
Chubb Corp. |
58,990 |
2.1 |
|
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) Data for Farmers Insurance Group of Companies and Zurich Financial Group (which owns Farmers' management company) are reported separately by SNL Financial.
Source: SNL Financial LC.
TOP 10 WRITERS OF EARTHQUAKE INSURANCE BY DIRECT PREMIUMS WRITTEN, 2014
| Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
| 1 |
California Earthquake Authority |
$606,977 |
20.8% |
| 2 |
Zurich Insurance Group (3) |
232,700 |
8.0 |
| 3 |
State Farm Mutual Automobile Insurance |
228,547 |
7.8 |
| 4 |
American International Group (AIG) |
148,390 |
5.1 |
| 5 |
Travelers Companies Inc. |
140,077 |
4.8 |
| 6 |
GeoVera Insurance Holdings Ltd. |
117,634 |
4.0 |
| 7 |
Liberty Mutual |
90,195 |
3.1 |
| 8 |
ACE Ltd. |
87,253 |
3.0 |
| 9 |
Swiss Re Ltd. |
72,589 |
2.5 |
| 10 |
Chubb Corp. |
62,542 |
2.1 |
|
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) Data for Farmers Insurance Group of Companies and Zurich Financial Group (which owns Farmers' management company) are reported separately by SNL Financial.
Source: SNL Financial LC.
Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2015
| Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
| 1 |
California Earthquake Authority |
$635,955 |
22.0% |
| 2 |
State Farm Mutual Automobile Insurance |
244,245 |
8.4 |
| 3 |
Zurich Insurance Group (3) |
201,147 |
6.9 |
| 4 |
American International Group (AIG) |
150,119 |
5.2 |
| 5 |
Chubb Ltd. (4) |
148,712 |
5.1 |
| 6 |
Travelers Companies Inc. |
140,949 |
4.9 |
| 7 |
GeoVera Insurance Holdings Ltd. |
114,353 |
4.0 |
| 8 |
Liberty Mutual |
79,177 |
2.7 |
| 9 |
Berkshire Hathaway Inc. |
78,007 |
2.7 |
| 10 |
Swiss Re Ltd. |
73,634 |
2.5 |
|
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) Data for Farmers Insurance Group of Companies and Zurich Financial Group (which owns Farmers' management company) are reported separately by S&P Global Market Intelligence.
(4) Chubb Ltd. data reflects the 2015 merger with Ace Ltd.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2015
| Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
| 1 |
California Earthquake Authority |
$635,955 |
22.0% |
| 2 |
State Farm Mutual Automobile Insurance |
244,245 |
8.4 |
| 3 |
Zurich Insurance Group (3) |
201,147 |
6.9 |
| 4 |
American International Group (AIG) |
150,119 |
5.2 |
| 5 |
Chubb Ltd. (4) |
148,712 |
5.1 |
| 6 |
Travelers Companies Inc. |
140,949 |
4.9 |
| 7 |
GeoVera Insurance Holdings Ltd. |
114,353 |
4.0 |
| 8 |
Liberty Mutual |
79,177 |
2.7 |
| 9 |
Berkshire Hathaway Inc. |
78,007 |
2.7 |
| 10 |
Swiss Re Ltd. |
73,634 |
2.5 |
|
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) Data for Farmers Insurance Group of Companies and Zurich Financial Group (which owns Farmers' management company) are reported separately by S&P Global Market Intelligence.
(4) Chubb Ltd. data reflect the 2015 merger with Ace Ltd.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2016
| Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
| 1 |
California Earthquake Authority |
$621,549 |
21.8% |
| 2 |
State Farm Mutual Automobile Insurance |
250,285 |
8.8 |
| 3 |
Zurich Insurance Group (3) |
176,528 |
6.2 |
| 4 |
Chubb Ltd. |
157,716 |
5.5 |
| 5 |
American International Group (AIG) |
143,347 |
5.0 |
| 6 |
Travelers Companies Inc. |
128,097 |
4.5 |
| 7 |
GeoVera Insurance Group |
110,298 |
3.9 |
| 8 |
Liberty Mutual |
77,832 |
2.7 |
| 9 |
Swiss Re Ltd. |
67,335 |
2.4 |
| 10 |
Berkshire Hathaway Inc. |
63,603 |
2.2 |
|
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) Data for Farmers Insurance 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, Insurance Information Institute.
Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2017
| Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
| 1 |
California Earthquake Authority |
$690,222 |
23.3% |
| 2 |
State Farm Mutual Automobile Insurance |
255,072 |
8.6 |
| 3 |
Zurich Insurance Group (3) |
189,766 |
6.4 |
| 4 |
Chubb Ltd. |
158,672 |
5.4 |
| 5 |
American International Group (AIG) |
134,236 |
4.5 |
| 6 |
Travelers Companies Inc. |
127,169 |
4.3 |
| 7 |
GeoVera Holdings |
108,179 |
3.7 |
| 8 |
Palomar Specialty Insurance Co. |
73,386 |
2.5 |
| 9 |
Liberty Mutual |
73,195 |
2.5 |
| 10 |
Swiss Re |
71,811 |
2.4 |
|
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) Data for Farmers Insurance 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, Insurance Information Institute.
Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2018
| Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
| 1 |
California Earthquake Authority |
$774,296 |
23.8% |
| 2 |
State Farm Mutual Automobile Insurance |
268,092 |
8.3 |
| 3 |
Zurich Insurance Group |
225,717 |
6.9 |
| 4 |
Chubb Ltd. |
157,018 |
4.8 |
| 5 |
American International Group (AIG) |
133,495 |
4.1 |
| 6 |
Travelers Companies Inc. |
127,366 |
3.9 |
| 7 |
GeoVera Insurance Group |
104,634 |
3.2 |
| 8 |
Palomar Specialty Insurance Co. |
92,980 |
2.9 |
| 9 |
Liberty Mutual |
82,584 |
2.5 |
| 10 |
AXA |
75,591 |
2.3 |
|
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2019
| Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
| 1 |
California Earthquake Authority |
$820,924 |
22.8% |
| 2 |
State Farm |
275,793 |
7.7 |
| 3 |
Zurich Insurance Group |
235,140 |
6.5 |
| 4 |
Chubb Ltd. |
173,210 |
4.8 |
| 5 |
Travelers Companies Inc. |
139,969 |
3.9 |
| 6 |
Palomar Specialty Insurance Co. |
139,639 |
3.9 |
| 7 |
American International Group (AIG) |
128,798 |
3.6 |
| 8 |
AXA |
104,071 |
2.9 |
| 9 |
GeoVera Insurance Group |
103,954 |
2.9 |
| 10 |
Sompo Holdings Inc. |
97,635 |
2.7 |
|
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2020
| Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
| 1 |
California Earthquake Authority |
$843,756 |
19.8% |
| 2 |
FM Global |
341,855 |
8.0 |
| 3 |
Zurich Insurance Group |
284,421 |
6.7 |
| 4 |
State Farm |
284,085 |
6.7 |
| 5 |
Chubb Ltd. |
187,598 |
4.4 |
| 6 |
Palomar Specialty Insurance Co. |
183,302 |
4.3 |
| 7 |
Travelers Companies Inc. |
156,662 |
3.7 |
| 8 |
American International Group (AIG) |
141,374 |
3.3 |
| 9 |
Sompo Holdings Inc. |
122,128 |
2.9 |
| 10 |
AXA SA |
119,627 |
2.8 |
|
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Top 10 Writers Of Earthquake Insurance By Direct Premiums Written, 2021
| Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
| 1 |
California Earthquake Authority (3) |
$917,219 |
19.5% |
| 2 |
FM Global |
505,904 |
10.8 |
| 3 |
State Farm |
305,289 |
6.5 |
| 4 |
Zurich Insurance Group |
296,818 |
6.3 |
| 5 |
Palomar Specialty Insurance Co. |
244,104 |
5.2 |
| 6 |
Chubb Ltd. |
182,593 |
3.9 |
| 7 |
Travelers Companies Inc. |
166,716 |
3.6 |
| 8 |
Sompo Holdings Inc. |
138,969 |
3.0 |
| 9 |
American International Group (AIG) |
128,598 |
2.7 |
| 10 |
Liberty Mutual |
119,260 |
2.5 |
|
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) California Earthquake DWP obtained from its financial statements reported on its website.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.