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. |
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