Facts + Statistics: Insurance company rankings

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Top 10 Writers Of Property/Casualty Insurance By Direct Premiums Written, 2022

($000)

Rank	Group/company	Direct premiums written (1)	Market share (2)
1	State Farm	$78,643,121	9.2%
2	Berkshire Hathaway Inc.	55,930,316	6.6
3	Progressive Corp.	52,326,628	6.1
4	Allstate Corp.	45,512,585	5.3
5	Liberty Mutual	43,876,546	5.1
6	Travelers Companies Inc.	34,273,833	4.0
7	Chubb Ltd.	29,266,847	3.4
8	USAA Insurance Group	26,828,296	3.1
9	Farmers Insurance Group of Companies	26,416,672	3.1
10	Nationwide Mutual Group	20,306,711	2.4

(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.

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Top 10 Writers Of Life/Annuity Insurance By Direct Premiums Written, 2022

($000)

Rank	Group/company	Direct premiums written (1)	Market share (2)
1	MetLife Inc.	$111,058,571	12.1%
2	Equitable Holdings	75,176,303	8.2
3	New York Life Insurance Group	47,449,630	5.2
4	Massachusetts Mutual Life Insurance Co.	46,097,832	5.0
5	Prudential Financial Inc.	44,537,546	4.9
6	Athene Holding Ltd.	36,421,814	4.0
7	Nationwide	36,173,449	4.0
8	Western & Southern Financial	35,551,162	3.9
9	Corebridge Financial	26,718,998	2.9
10	Lincoln Financial	26,086,284	2.9

(1) Includes life insurance, annuity considerations, deposit-type contract funds and other considerations, and accident and health insurance. Before reinsurance transactions.
(2) Based on U.S. total, includes territories.

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

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Top 10 Writers Of Homeowners Insurance By Direct Premiums Written, 2022

($000)

Rank	Group/company	Direct premiums written (1)	Market share (2)
1	State Farm	$24,426,709	18.7%
2	Allstate Corp.	12,008,179	9.2
3	Liberty Mutual	9,728,358	7.4
4	USAA Insurance Group	8,851,130	6.8
5	Farmers Insurance Group of Companies	8,285,447	6.3
6	Travelers Companies Inc.	6,498,181	5.0
7	American Family Insurance Group	5,797,121	4.4
8	Nationwide Mutual Group	3,795,643	2.9
9	Chubb Ltd.	3,417,408	2.6
10	Progressive Corp.	2,444,270	1.9

(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.

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Top 10 Writers Of Private Passenger Auto Insurance By Direct Premiums Written, 2022

($000)

Rank	Group/company	Direct premiums written (1)	Market share (2)
1	State Farm Mutual Automobile Insurance	$46,660,515	16.9%
2	Progressive Corp.	38,927,286	14.1
3	Berkshire Hathaway Inc.	38,121,466	13.8
4	Allstate Corp.	29,610,810	10.7
5	USAA Insurance Group	16,371,445	5.9
6	Liberty Mutual	13,704,351	5.0
7	Farmers Insurance Group of Companies	12,605,723	4.6
8	Travelers Companies Inc.	5,836,018	2.1
9	American Family Insurance Group	5,834,828	2.1
10	Nationwide Mutual group	5,505,995	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.

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Top 10 Writers Of Commercial Auto Insurance By Direct Premiums Written, 2022

($000)

Rank	Group/company	Direct premiums written (1)	Market share (2)
1	Progressive Corp.	$9,267,311	15.6%
2	Travelers Companies Inc.	3,130,175	5.3
3	Liberty Mutual	2,305,469	3.9
4	Old Republic International Corp.	2,249,146	3.8
5	Zurich Insurance Group	1,765,034	3.0
6	Berkshire Hathaway Inc.	1,703,879	2.9
7	Nationwide Mutual Group	1,642,006	2.8
8	Auto-Owners Insurance Co.	1,578,893	2.7
9	Allstate Corp.	1,293,790	2.2
10	Chubb	1,284,528	2.2

(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.

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Top 10 Writers Of Commercial Lines Insurance By Direct Premiums Written, 2022

($000)

Rank	Group/company	Direct premiums written (1)	Market share (2)
1	Chubb Ltd.	$24,488,270	5.7%
2	Travelers Companies Inc.	21,709,901	5.0
3	Liberty Mutual	20,070,946	4.6
4	Zurich Insurance Group	17,128,164	4.0
5	Berkshire Hathaway Inc.	16,499,088	3.8
6	American International Group (AIG)	13,614,198	3.1
7	CNA Financial Corp.	12,253,482	2.8
8	Hartford Financial Services	11,711,796	2.7
9	Progressive	10,934,117	2.5
10	Nationwide Mutual Group	10,390,834	2.4

(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.

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Top 10 Writers Of Workers' Compensation Insurance By Direct Premiums Written, 2022

($000)

Rank	Group/company	Direct premiums written (1)	Market share (2)
1	Travelers Companies Inc.	$3,807,268	6.7%
2	Hartford Financial Services	3,636,367	6.4
3	AmTrust Financial	3,161,524	5.6
4	Zurich Insurance Group	2,741,423	4.8
5	Chubb Ltd.	2,426,232	4.3
6	Liberty Mutual	2,313,160	4.1
7	Berkshire Hathaway Inc.	2,050,907	3.6
8	Accident Fund Group	1,749,368	3.1
9	New York State Insurance Fund Workers' Compensation Fund	1,565,411	2.8
10	Old Republic International Corp.	1,430,352	2.5

(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.

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