Medical malpractice, top writers, United States--2004: Rank is based on 2004 direct premiums written.
Medical Malpractice, Top Writers, United States--2004
Rank is based on 2004 direct premiums written.
($ Thousands)
2004 Direct %
Premiums Change in
Rank Group AMB # Written Premiums
1 Amer Intl Group Inc 18540 $916,126 0.6
2 MLMIC Group 18439 909,052 -4.3
3 GE Global Ins Group 18572 801,799 -13.6
4 ProAssurance Group 18559 557,144 6.3
5 Doctors Co Ins Group 18083 494,674 6.6
6 CNA Ins Cos 18313 459,660 13.9
7 ISMIE Mutual Group 18644 426,235 13.5
8 Health Care Indemnity Inc 03701 371,280 -2.1
9 Mag Mutual Group 18635 353,744 25.4
10 Norcal Group 18539 294,482 6.2
11 Physicians' Reciprocal 02888 287,978 41.3
Insurers
12 FPIC Ins Group Inc 18457 286,871 -2.4
13 ProMutual Group 18359 282,364 28.5
14 State Volunteer Mutual Ins Co 03706 241,379 13.6
15 MCIC VT Inc Risk Retention 12014 228,347 -3.8
Group
16 Zurich Finl Svcs NA Group 18549 206,418 8.4
17 APCapital Group 18321 195,043 1.7
18 Markel Corp Group 18468 184,744 -8.9
19 Allianz of America Inc 18429 155,741 -0.6
20 Medical Mutual Group (MD) 05006 155,195 30.6
21 Mutual Ins Co of AZ 03659 152,759 19.1
22 Fairfax Financial (USA) 03116 142,554 9.9
Group
23 SCPIE Cos 18350 133,886 -7.4
24 Midwest Medical Ins Co 02659 117,368 16.3
25 Medical Mutual Group (NC) 18072 116,172 18.5
Top 25 P/C Writers $8,471,019 4.3
Total U.S. P/C Industry $11,366,007 5.5
Market Share (%)
Rank Group 2004 2003 2002
1 Amer Intl Group Inc 8.1 8.5 6.9
2 MLMIC Group 8.0 8.8 10.2
3 GE Global Ins Group 7.1 8.6 6.8
4 ProAssurance Group 4.9 4.9 4.7
5 Doctors Co Ins Group 4.4 4.3 4.3
6 CNA Ins Cos 4.0 3.7 3.5
7 ISMIE Mutual Group 3.8 3.5 2.8
8 Health Care Indemnity Inc 3.3 3.5 3.6
9 Mag Mutual Group 3.1 2.6 2.3
10 Norcal Group 2.6 2.6 2.6
11 Physicians' Reciprocal 2.5 1.9 2.0
Insurers
12 FPIC Ins Group Inc 2.5 2.7 3.1
13 ProMutual Group 2.5 2.0 1.9
14 State Volunteer Mutual Ins Co 2.1 2.0 1.7
15 MCIC VT Inc Risk Retention 2.0 2.2 1.7
Group
16 Zurich Finl Svcs NA Group 1.8 1.8 2.0
17 APCapital Group 1.7 1.8 1.9
18 Markel Corp Group 1.6 1.9 2.0
19 Allianz of America Inc 1.4 1.5 2.2
20 Medical Mutual Group (MD) 1.4 1.1 1.1
21 Mutual Ins Co of AZ 1.3 1.2 1.1
22 Fairfax Financial (USA) 1.3 1.2 1.9
Group
23 SCPIE Cos 1.2 1.3 1.7
24 Midwest Medical Ins Co 1.0 0.9 0.9
25 Medical Mutual Group (NC) 1.0 0.9 0.8
Top 25 P/C Writers 74.5 75.4 73.9
Total U.S. P/C Industry 100.0 100.0 100.0
Adjusted Loss Ratios % of
Company
Rank Group 2004 2003 2002 Premiums
1 Amer Intl Group Inc 59.6 69.1 100.1 3.2
2 MLMIC Group 118.7 112.4 149.6 96.5
3 GE Global Ins Group 60.2 84.2 76.8 37.1
4 ProAssurance Group 25.5 40.0 63.8 70.5
5 Doctors Co Ins Group 42.3 56.2 67.6 99.7
6 CNA Ins Cos 86.9 74.4 82.1 4.2
7 ISMIE Mutual Group 64.7 78.2 108.4 100.0
8 Health Care Indemnity Inc 44.0 76.5 82.9 100.0
9 Mag Mutual Group 56.3 72.0 111.3 97.7
10 Norcal Group 46.5 56.8 61.9 100.0
11 Physicians' Reciprocal 77.4 119.2 9.0 98.2
Insurers
12 FPIC Ins Group Inc 45.4 72.2 63.3 94.5
13 ProMutual Group 54.6 89.1 107.7 98.5
14 State Volunteer Mutual Ins Co 53.1 41.6 84.1 99.9
15 MCIC VT Inc Risk Retention 89.9 110.8 118.0 95.5
Group
16 Zurich Finl Svcs NA Group 136.6 183.0 213.4 1.6
17 APCapital Group 62.2 88.1 78.8 94.6
18 Markel Corp Group 42.3 48.7 55.0 10.6
19 Allianz of America Inc 38.4 91.0 112.2 3.2
20 Medical Mutual Group (MD) 93.1 93.6 77.6 99.8
21 Mutual Ins Co of AZ 65.6 78.5 69.9 100.0
22 Fairfax Financial (USA) 70.6 65.6 139.9 8.3
Group
23 SCPIE Cos 60.2 57.0 78.1 98.2
24 Midwest Medical Ins Co 64.9 50.9 79.3 97.5
25 Medical Mutual Group (NC) 47.3 57.4 29.9 100.0
Top 25 P/C Writers 65.9 79.8 94.0 12.3
Total U.S. P/C Industry 63.8 82.8 95.1 2.4
Source: A.M. Best Statement Products: State/Line. For more information
about custom data, call (908) 439-2200, Ext. 5383.
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