Boiler & machinery.The largest writer, FM Global, writes a boiler boiler, device for generating steam. It consists of two principal parts: the furnace, which provides heat, usually by burning a fuel, and the boiler proper, a device in which the heat changes water into steam. and machinery policy that extends mechanical and electrical breakdown Electrical breakdown A large, usually abrupt rise in electric current in the presence of a small increase in electric voltage. Breakdown may be intentional and controlled or it may be accidental. Lightning is the most familiar example of breakdown. coverage to all equipment--heating, cooling, production machinery, electrical to policy limits. Top U.S. Writers Direct Premiums Written 2003 ($ millions) FM Global Group [18502] American Intl Group Inc [18540] Travelers P&C Group [18358] Chubb Group of Ins Cos [00012] Zurich/Farmers Group [18549] CNA Ins Cos [18313] St Paul Cos [00080] Allianz of America Inc [18429] Cincinnati Ins Cos [04294] Nationwide Group [05987] Note: Table made from bar graph. Source: Best's State/Line Database (Standard Lines) Direct Premiums U.S. Industry ($ billions) [GRAPHIC OMITTED] Combined Ratio U.S. Industry [GRAPHIC OMITTED] Source: Best's Aggregates & Averages |
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