TOP TEN WRITERS OF EARTHQUAKE INSURANCE BY DIRECT PREMIUMS WRITTEN, 2012

($000)

Rank Group/company Direct premiums written (1) Market share (2)
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.