Direct premiums written by line, property/casualty, United States--2003.
Direct Premiums Written by Line, Property/Casualty, United States--2003
($ Thousands)
Direct
Premiums % of %
Business Line Written Total Chg
Private Passenger
Auto Liability $90,752,265 20.3 9.0
No-Fault $10,809,430 2.4 9.8
Other Liability $79,942,836 17.9 8.9
Private Passenqer Auto
Physical Damage $64,253,042 14.4 6.1
Workers' Compensation $49,862,964 11.2 11.9
Homeowners Mutiple Peril $48,376,292 10.8 13.3
Other Liability $48,105,076 10.8 20.9
Commercial Mutiple Peril $31,427,105 7.0 7.5
Nonliability $19,028,777 4.3 7.5
Liability $12,398,328 2.8 7.5
Commercial Auto Liability $21,442,909 4.8 8.2
No-Fault $541,665 0.1 8.5
Other Liability $20,901,243 4.7 8.1
Inland Marine $10,787,788 2.4 6.3
Medical Malpractice $10,142,575 2.3 13.5
Fire $9,071,576 2.0 8.0
Commerical Auto
Physical Damage $7,561,673 1.7 4.3
Group Accident & Health $7,219,768 1.6 -21.6
Allied $7,091,646 1.6 17.4
Mortgage Guaranty $4,309,078 1.0 11.3
Surety $3,889,105 0.9 6.7
Product Liability $3,707,256 0.8 21.2
Multiple Peril Crop $3,382,048 0.8 16.7
Other Accident & Health $3,215,624 0.7 -12.9
Financial Guaranty $3,120,411 0.7 17.9
Ocean Marine $2,447,516 0.5 4.3
Aircraft $2,431,315 0.5 4.8
Farmowners Mutiple Peril $2,151,891 0.5 10.7
Earthquake $1,805,733 0.4 6.3
Federal Flood $1,618,485 0.4 6.1
Fidelity $1,192,373 0.3 18.1
Boiler and Machinery $1,179,079 0.3 3.5
Federal Employees Health $884,690 0.2 -60.4
Credit $820,605 0.2 20.1
Burglary and Theft $118,026 0.0 5.3
Miscellaneous $3,621,305 0.8 -3.8
Total P/C Industry $445,989,219 100.0 9.2
Adjusted
Loss Ratio
Business Line 2003 2002 Leading Writer
Private Passenger
Auto Liability 66.6 72.4 State Farm Group
No-Fault 88.1 101.6 State Farm Group
Other Liability 63.7 68.6 State Farm Group
Private Passenqer Auto
Physical Damage 58.3 61.6 State Farm Group
Workers' Compensation 74.8 80.5 State Comp Ins Fund CA
Homeowners Mutiple Peril 59.5 66.1 State Farm Group
Other Liability 76.6 92.0 Amer Intl Group, Inc
Commercial Mutiple Peril 50.2 55.7 Travelers P&C Group
Nonliability 45.4 56.3 Zurich/Farmers Group
Liability 57.7 54.8 Travelers P&C Group
Commercial Auto Liability 61.4 70.9 Zurich/Farmers Group
No-Fault 53.2 83.9 Amer Transit Ins Co
Other Liability 61.6 70.5 Zurich/Farmers Group
Inland Marine 43.3 45.1 Amer Intl Group, Inc
Medical Malpractice 81.1 94.3 MLMIC Group
Fire 38.7 30.7 Amer Intl Group, Inc
Commerical Auto
Physical Damage 47.9 54.1 Zurich/Farmers Group
Group Accident & Health 71.0 77.6 Anthem Group
Allied 48.4 44.7 FM Global Group
Mortgage Guaranty 41.7 33.2 Mortgage Guar Group
Surety 51.3 64.2 Travelers P&C Group
Product Liability 100.3 204.0 Zurich/Farmers Group
Multiple Peril Crop 87.1 125.0 Ace INA Group
Other Accident & Health 66.0 65.0 Anthem Group
Financial Guaranty 6.0 5.5 Ambac Finl Group
Ocean Marine 63.1 59.0 Amer Intl Group, Inc
Aircraft 41.8 62.4 Amer Intl Group, Inc
Farmowners Mutiple Peril 61.0 67.1 Nationwide Group
Earthquake 14.3 28.5 CA Earthquake Authority
Federal Flood 37.7 24.4 State Farm Group
Fidelity 37.7 60.0 Chubb Group of Ins Cos
Boiler and Machinery 22.4 25.5 FM Global Group
Federal Employees Health 93.6 91.6 Anthem Group
Credit 42.1 47.8 Euler Amer Credit Indem
Burglary and Theft 24.4 17.3 Chubb Group of Ins Cos
Miscellaneous 71.6 69.1
Total P/C Industry 62.9 69.8 State Farm Group
% of
% Writer's
Market Total
Business Line AMB # Share DPW
Private Passenger
Auto Liability 00088 18.9 37.4
No-Fault 00088 18.3 4.3
Other Liability 00088 19.0 33.1
Private Passenqer Auto
Physical Damage 00088 19.2 26.8
Workers' Compensation 04028 15.6 100.0
Homeowners Mutiple Peril 00088 22.4 23.7
Other Liability 18540 21.4 38.3
Commercial Mutiple Peril 18358 7.9 16.0
Nonliability 18549 9.4 6.8
Liability 18358 9.6 8.1
Commercial Auto Liability 18549 6.7 5.4
No-Fault 04660 11.5 24.0
Other Liability 18549 6.7 5.3
Inland Marine 18540 9.8 3.9
Medical Malpractice 18439 9.4 93.0
Fire 18540 13.0 4.4
Commerical Auto
Physical Damage 18549 7.1 2.0
Group Accident & Health 18184 43.6 64.2
Allied 18502 14.3 42.6
Mortgage Guaranty 03014 34.0 100.0
Surety 18358 14.9 3.9
Product Liability 18549 14.1 2.0
Multiple Peril Crop 18498 19.7 12.1
Other Accident & Health 18184 27.2 17.8
Financial Guaranty 18449 30.2 98.9
Ocean Marine 18540 11.3 1.0
Aircraft 18540 22.8 2.1
Farmowners Mutiple Peril 05987 7.6 1.2
Earthquake 12534 24.2 100.0
Federal Flood 00088 16.5 0.6
Fidelity 00012 18.7 2.4
Boiler and Machinery 18502 25.7 12.7
Federal Employees Health 18184 100.0 18.0
Credit 02097 14.6 100.0
Burglary and Theft 00012 19.6 0.3
Miscellaneous
Total P/C Industry 00088 10.3 100.0
%
Second Market
Business Line Leading Writer AMB # Share
Private Passenger
Auto Liability Allstate Ins Group 00008 10.2
No-Fault Allstate Ins Group 00008 11.2
Other Liability Allstate Ins Group 00008 10.1
Private Passenqer Auto
Physical Damage Allstate Ins Group 00008 10.3
Workers' Compensation Amer Intl Group, Inc 18540 8.9
Homeowners Mutiple Peril Allstate Ins Group 00008 11.2
Other Liability Zurich/Farmers Group 18549 8.1
Commercial Mutiple Peril Zurich/Farmers Group 18549 7.5
Nonliability Travelers P&C Group 18358 6.7
Liability CNA Ins Cos 18313 5.4
Commercial Auto Liability Progressive Ins Group 00780 5.4
No-Fault Progressive Ins Group 00780 10.4
Other Liability Progressive Ins Group 00780 5.3
Inland Marine CNA Ins Cos 18313 7.0
Medical Malpractice GE Global Ins Group 18572 9.1
Fire Zurich/Farmers Group 18549 7.5
Commerical Auto
Physical Damage State Farm Group 00088 6.2
Group Accident & Health CNA Ins Cos 18313 10.6
Allied Zurich/Farmers Group 18549 7.3
Mortgage Guaranty PMI Mortgage Group 03267 18.7
Surety St. Paul Cos 00080 9.8
Product Liability St. Paul Cos 00080 10.3
Multiple Peril Crop Centurion Ins Group 18188 13.9
Other Accident & Health State Farm Group 00080 23.9
Financial Guaranty MBIA Group 03166 26.3
Ocean Marine CNA Ins Cos 18313 10.6
Aircraft XL America Group 18491 11.3
Farmowners Mutiple Peril State Farm Group 00088 6.7
Earthquake State Farm Group 00088 9.4
Federal Flood Fidelity Natl Group 18606 12.3
Fidelity Amer Intl Group, Inc 18540 17.7
Boiler and Machinery Amer Intl Group, Inc 18540 15.3
Federal Employees Health
Credit Radian Group 18150 8.3
Burglary and Theft Travelers P&C Group 18358 16.5
Miscellaneous
Total P/C Industry Amer Intl Group, Inc 18540 6.0
% of
Writer's
Total
Business Line DPW
Private Passenger
Auto Liability 40.0
No-Fault 5.2
Other Liability 34.8
Private Passenqer Auto
Physical Damage 28.6
Workers' Compensation 16.5
Homeowners Mutiple Peril 23.4
Other Liability 14.7
Commercial Mutiple Peril 8.9
Nonliability 8.6
Liability 5.8
Commercial Auto Liability 9.5
No-Fault 0.5
Other Liability 9.0
Inland Marine 6.5
Medical Malpractice 37.7
Fire 2.6
Commerical Auto
Physical Damage 1.0
Group Accident & Health 6.6
Allied 2.0
Mortgage Guaranty 100.0
Surety 5.2
Product Liability 5.2
Multiple Peril Crop 99.0
Other Accident & Health 1.7
Financial Guaranty 100.0
Ocean Marine 2.2
Aircraft 10.4
Farmowners Mutiple Peril 0.3
Earthquake 0.4
Federal Flood 84.5
Fidelity 0.8
Boiler and Machinery 0.7
Federal Employees Health
Credit 6.8
Burglary and Theft 0.1
Miscellaneous
Total P/C Industry 100.0
Source: A.M. Best Co. State/Line Database
COPYRIGHT 2004 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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