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Medical malpractice reinsurance ceded, top writers--2002: rank is based on ceded medical malpractice reinsurance in 2002. (Industry Strategies).


Medical Malpractice Reinsurance Ceded, Top Writers--2002

Rank is based on ceded medical malpractice reinsurance in 2002.

($ Thousands)

                                                     Total Medical
                                                Malpractice Direct
Rank   Company Name                     AMB #     Premiums Written

   1   Continental Gas Co               02128         $177,501,839
   2   First Professionals Ins Co       03743          229,141,833
   3   St Paul Fire & Marine Ins Co     02452          190,042,887
   4   MAG Mutual Ins Co                01936          212,654,134
   5   Everest Reins Co                 03519                    0

   6   Medical Assur Co Inc             03826          256,781,856
   7   Truck Ins Exch                   02174          208,444,469
   8   Physicians Recip Insurers        02888          185,332,368
   9   State Volunteer Mutual Ins Co    03706          163,859,153
  10   TIG Ins Co                       02507          136,901,827

  11   Steadfast Ins Cc                 03557          128,752,075
  12   Royal Surplus Lines Ins Co       01745           34,388,114
  13   Health Care Indemnity Inc        03701          342,021,975
  14   Doctors Cc Interinsurance
         Exch                           03686          327,830,949
  15   Medical Mutual Ins Co of NC      03668           77,988,845

  16   Amer Physicians Assur Corp       03670          170,440,829
  17   Mutual Ins Co of Ariz            03659          107,230,000
  18   Medical Protective Co            00591          582,364,387
  19   Zurich Amer Ins Co               02563           71,530,277
  20   Physicians Ins A Mutual Co       02850           70,072,945

  21   Federal Ins Co                   02084                    0
  22   SCPIE Indemnity Co               11800          100,198,768
  23   Midwest Medical Ins Co           02659           87,632,663
  24   ProNational Ins Co               02698          158,060,741
  25   OHIC Ins Co                      03778          136,925,922

       Total U.S. P/C Industry                      $8,974,102,932

                                                 Unaffiliated

                                             Medical
                                         Malpractice          Total All
Rank   Company Name                            Ceded        Lines Ceded

   1   Continental Gas Co                $162,823,806    $1,591,054,366
   2   First Professionals Ins Co         155,585,968       155,583,898
   3   St Paul Fire & Marine Ins Co       111,305,768     1,229,580,115
   4   MAG Mutual Ins Co                   72,510,716        74,621,557
   5   Everest Reins Co                    67,836,050       182,206,293

   6   Medical Assur Co Inc                58,752,630        65,950,475
   7   Truck Ins Exch                      58,129,695       146,334,461
   8   Physicians Recip Insurers           46,250,055        46,392,955
   9   State Volunteer Mutual Ins Co       33,235,089        33,235,089
  10   TIG Ins Co                          31,021,407       219,754,745

  11   Steadfast Ins Cc                    29,678,535       330,456,310
  12   Royal Surplus Lines Ins Co          26,063,927       376,591,938
  13   Health Care Indemnity Inc           26,027,989        26,027,989
  14   Doctors Cc Interinsurance
         Exch                              25,938,192        29,385,221
  15   Medical Mutual Ins Co of NC         25,208,205        25,214,478

  16   Amer Physicians Assur Corp          23,596,020        29,480,825
  17   Mutual Ins Co of Ariz               23,493,574        23,493,574
  18   Medical Protective Co               23,183,889        23,183,889
  19   Zurich Amer Ins Co                  20,922,691     1,918,734,805
  20   Physicians Ins A Mutual Co          18,113,910        21,124,020

  21   Federal Ins Co                      17,630,372     1,069,877,954
  22   SCPIE Indemnity Co                  17,467,069        48,198,735
  23   Midwest Medical Ins Co              17,360,315        18,133,141
  24   ProNational Ins Co                  17,107,173        19,062,601
  25   OHIC Ins Co                         16,867,747        19,073,042

       Total U.S. P/C Industry         $2,033,491,283   $73,408,568,131

                                        % Medical Malpractice
                                               Ceded to Total
Rank   Company Name                           All Lines Ceded

   1   Continental Gas Co                                10.2
   2   First Professionals Ins Co                       100.0
   3   St Paul Fire & Marine Ins Co                       9.1
   4   MAG Mutual Ins Co                                 97.2
   5   Everest Reins Co                                  37.2

   6   Medical Assur Co Inc                              89.1
   7   Truck Ins Exch                                    39.7
   8   Physicians Recip Insurers                         99.7
   9   State Volunteer Mutual Ins Co                    100.0
  10   TIG Ins Co                                        14.1

  11   Steadfast Ins Cc                                   9.0
  12   Royal Surplus Lines Ins Co                         6.9
  13   Health Care Indemnity Inc                        100.0
  14   Doctors Cc Interinsurance
         Exch                                            88.3
  15   Medical Mutual Ins Co of NC                      100.0

  16   Amer Physicians Assur Corp                        80.0
  17   Mutual Ins Co of Ariz                            100.0
  18   Medical Protective Co                            100.0
  19   Zurich Amer Ins Co                                 1.1
  20   Physicians Ins A Mutual Co                        85.8

  21   Federal Ins Co                                     1.7
  22   SCPIE Indemnity Co                                36.2
  23   Midwest Medical Ins Co                            95.7
  24   ProNational Ins Co                                89.7
  25   OHIC Ins Co                                       88.4

       Total U.S. P/C Industry                            2.8

Source: A.M. Best Co.. as of June 11, 2003.
COPYRIGHT 2003 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Medical malpractice reinsurance ceded, top writers--2002: rank is based on ceded medical malpractice reinsurance in 2002. (Industry Strategies).
Publication:Best's Review
Geographic Code:1USA
Date:Aug 1, 2003
Words:757
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