Current Table

Top 10 Writers Of Earthquake Insurance In California By Direct Premiums Written, 2019

 

Rank Group/company Direct premiums written (1) Market share
1 CA Earthquake Authority $820,924 39.6%
2 Zurich   169,910 8.2
3 Palomar Specialty Insurance Co. 117,040 5.7
4 Chubb   106,962 5.2
5 GeoVera Holdings   76,961 3.7
6 AIG   72,632 3.5
7 Everest Re   59,292 2.9
8 AXA SA   54,601 2.6
9 Swiss Re   48,976 2.4
10 Golden Bear Insurance Co. 41,459 2.0

(1) Before reinsurance transactions, includes state funds.

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

 
LEADING WRITERS OF EARTHQUAKE INSURANCE IN CALIFORNIA BY DIRECT PREMIUMS WRITTEN, 2011 (1)
Rank Company/group Direct premiums written ($000) Market share
1 CA Earthquake Authority $614,308 37.9%
2 Zurich Insurance Group Ltd. 138,668 8.6
3 GeoVera Insurance Holdings Ltd. 104,115 6.4
4 AXIS Capital Holdings Ltd. 79,976 4.9
5 American International Group 66,816 4.1
6 ACE Ltd.  45,783 2.8
7 Endurance Specialty Holdings 45,158 2.8
8 Chubb Corp. 40,524 2.5
9 Arch Capital Group Ltd. 39,548 2.4
10 ICW Group 38,762 2.4

(1) Before reinsurance transactions.

Source: SNL Financial LC.

 
LEADING WRITERS OF EARTHQUAKE INSURANCE IN CALIFORNIA BY DIRECT PREMIUMS WRITTEN, 2012 (1)
Rank Company/group Direct premiums written ($000) Market share
1 CA Earthquake Authority $566,664 34.8%
2 Zurich Insurance Group Ltd. 143,902 8.8
3 GeoVera Insurance Holdings Ltd. 100,336 6.2
4 AXIS Capital Holdings Ltd. 73,823 4.5
5 American International Group 65,787 4.0
6 ACE Ltd. 51,975 3.2
7 Endurance Specialty Holdings 43,240 2.7
8 Chubb Corp. 42,895 2.6
9 Arch Capital Group Ltd. 41,237 2.5
10 ICW Group 40,980 2.5

(1) Before reinsurance transactions.

Source: SNL Financial LC.

 
LEADING WRITERS OF EARTHQUAKE INSURANCE IN CALIFORNIA BY DIRECT PREMIUMS WRITTEN, 2013 (1)
Rank Company/group Direct premiums written ($000)  Market share
1 CA Earthquake Authority $573,960 35.1%
2 Zurich Insurance Group  159,817 9.8
3 GeoVera Insurance Holdings Ltd  97,637 6.0
4 American International Group  58,942 3.6
5 ACE Ltd. 56,880 3.5
6 Swiss Re Ltd 51,535 3.2
7 ICW Group  43,123 2.6
8 Arch Capital Group Ltd.  39,846 2.4
9 Chubb Corp.  37,951 2.3
10 Endurance Specialty Holdings  37,658 2.3

(1) Before reinsurance transactions.

Source: SNL Financial LC.

 
LEADING WRITERS OF EARTHQUAKE INSURANCE IN CALIFORNIA BY DIRECT PREMIUMS WRITTEN, 2014
Rank Group/company Direct premiums written (1) Market share (2)
1 California Earthquake Authority $606,977 36.7%
2 Zurich Insurance Group (3) 145,534 8.8
3 GeoVera Insurance Holdings Ltd. 97,024 5.9
4 American International Group (AIG) 64,133 3.9
5 ACE Ltd. 54,896 3.3
6 Everest Re Group Ltd. 46,657 2.8
7 Swiss Re Ltd. 44,441 2.7
8 Chubb Corp. 41,726 2.5
9 ICW Group 38,153 2.3
10 Golden Bear Insurance Co. 34,678 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 In California By Direct Premiums Written, 2015
Rank Group/company Direct premiums written (1) Market share
1 California Earthquake Authority $635,955 38.7%
2 Zurich Insurance Group (2) 120,999 7.4
3 Chubb Ltd. (3) 97,846 6.0
4 GeoVera Insurance Holdings Ltd. 92,147 5.6
5 American International Group (AIG) 68,675 4.2
6 Everest Re Group Ltd. 43,892 2.7
7 Swiss Re Ltd. 42,378 2.6
8 Berkshire Hathaway Inc. 36,193 2.2
9 ICW Group 34,473 2.1
10 Golden Bear Insurance Co. 31,245 1.9

(1) Before reinsurance transactions, includes state funds.
(2) 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.
(3) 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 In California By Direct Premiums Written, 2016
Rank Group/company Direct premiums written (1) ($000) Market share
1 California Earthquake Authority $621,549 38.3%
2 Zurich American Insurance Co. 117,530 7.3
3 Chubb Ltd. 102,262 6.3
4 GeoVera Holdings 86,665 5.3
5 American International Group (AIG) 77,832 4.8
6 Everest Re Group Ltd. 57,794 3.6
7 Palomar Specialty Insurance Co. 44,998 2.8
8 Swiss Re AG  42,219 2.6
9 Travelers Companies Inc. 34,754 2.1
10 ICW Group 29,529 1.8

(1) Before reinsurance transactions, includes state funds.
(2) 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 In California By Direct Premiums Written, 2018

 

Rank Group/company Direct premiums written (1) Market share (2)
1 CA Earthquake Authority $774,296 41.2%
2 Zurich  163,312 8.7
3 Chubb  99,447 5.3
4 GeoVera Holdings  78,526 4.2
5 Palomar Specialty Insurance Co. 78,170 4.2
6 AIG  77,496 4.1
7 Everest Re  47,041 2.5
8 Travelers  39,071 2.1
9 AXA  38,578 2.1
10 Markel  37,880 2.0

(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.