Current Table

Top 10 Writers of Private Flood Insurance 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 Insurance Group 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.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
Top 10 Writers of Private Flood Insurance By Direct Premiums Written, 2016
($000)
Rank Group/Company Direct premiums written (1) Market share  (2)
1 FM Global  $206,345 54.9%
2 American International Group 63,460 16.9
3 Swiss Re Ltd. 33,378 8.9
4 MAPFRE SA 14,345 3.8
5 Alleghany Corp. 13,080 3.5
6 Allianz Group 11,354 3.0
7 Chubb Ltd.  9,839 2.6
8 Validus Holdings Ltd.  6,444 1.7
9 Munich-American Holding Corp.  5,415 1.4
10 United Surety & Indemnity Co. 4,215 1.1
  Total, all insurers $376,134 100.0%

(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) Based on U.S. total, includes territories.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.