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.