Workers' compensation reinsurance ceded, top writers--2002: rank is based on ceded workers' comp reinsurance premiums in 2002. (Industry Strategies).
Workers' Compensation Reinsurance Ceded, Top Writers--2002
Rank is based on ceded workers' comp reinsurance premiums in 2002.
($ Thousands)
Total Workers' Comp
Rank Company Name AMB# Direct Premiums Written
1 Liberty Mutual Ins Co 02283 $506,369,462
2 Lumbermens Mutual Cas Co 02279 473,769,720
3 Travelers Indemnity Co 02520 391,157,528
4 Royal Indemnity Co 02438 239,647,974
5 Combined Specialty Ins Co 02314 396,575,063
6 Zurich Amer Ins Co 02563 978,398,813
7 Continental Cas Co 02128 335,866,063
8 Discover Reins Co 11220 0
9 State Comp Ins Fund of Calif 04028 3,638,077
10 Ace Prod & Cas Ins Co 01996 20,648,088
11 Hartford Fire Ins Co 02231 167,187,093
12 Amer Zurich Ins Co 02743 243,431,343
13 Associated Industries Ins Co 11693 184,081,004
14 Harbor Specialty Insur Co 11783 130,280,804
15 Great Amer Ins Co 02213 18,029,840
16 Old Republic Ins Co 00733 180,817,902
17 St Paul Fire & Marine Ins Co 02452 557,568,127
18 Louisiana Workers' Comp Corp 11339 210,213,920
19 Atlantic Mutual Ins Co 02063 138,700,120
20 Federal Ins Co 02084 439,090,226
21 Princeton Ins Co 02873 106,033,399
22 Employers Ins Co of Wausau 02159 448,626,118
23 Fireman's Fund Ins Co 02179 50,183,708
24 OneBeacon Ins Co 02196 55,835,744
25 Zenith Ins Co 00984 556,638,156
Total U.S. P/C Industry $42,432,861,806
Unaffiliated
Workers' Comp Total All
Rank Company Name Ceded Lines Ceded
1 Liberty Mutual Ins Co $1,079,746,676 $2,136,539,936
2 Lumbermens Mutual Cas Co 675,409,075 2,532,370,023
3 Travelers Indemnity Co 499,865,010 1,053,311,564
4 Royal Indemnity Co 409,720,951 1,658,043,497
5 Combined Specialty Ins Co 373,846,927 434,503,402
6 Zurich Amer Ins Co 356,239,695 1,918,734,805
7 Continental Cas Co 239,390,896 1,591,054,366
8 Discover Reins Co 195,143,591 703,334,750
9 State Comp Ins Fund of Calif 23,969 29,969
10 Ace Prod & Cas Ins Co 130,486,677 1,954,331,436
11 Hartford Fire Ins Co 123,883,906 1,140,940,709
12 Amer Zurich Ins Co 120,955,670 168,385,104
13 Associated Industries Ins Co 108,392,857 108,392,857
14 Harbor Specialty Insur Co 107,726,002 154,613,422
15 Great Amer Ins Co 96,487,132 1,207,062,895
16 Old Republic Ins Co 86,629,787 303,876,828
17 St Paul Fire & Marine Ins Co 85,155,707 1,229,580,115
18 Louisiana Workers' Comp Corp 82,490,963 82,490,963
19 Atlantic Mutual Ins Co 76,993,343 309,330,897
20 Federal Ins Co 70,566,177 1,069,877,954
21 Princeton Ins Co 68,329,341 88,625,431
22 Employers Ins Co of Wausau 66,182,484 173,866,858
23 Fireman's Fund Ins Co 64,274,394 380,120,328
24 OneBeacon Ins Co 63,314,168 754,352,137
25 Zenith Ins Co 61,695,556 62,259,407
Total U.S. P/C Industry $7,967,123,175 $73,408,568,131
% Total
Workers' Comp
Ceded To Total
Rank Company Name All Lines Ceded
1 Liberty Mutual Ins Co 50.5
2 Lumbermens Mutual Cas Co 26.7
3 Travelers Indemnity Co 47.5
4 Royal Indemnity Co 24.7
5 Combined Specialty Ins Co 86.0
6 Zurich Amer Ins Co 18.6
7 Continental Cas Co 15.1
8 Discover Reins Co 27.8
9 State Comp Ins Fund of Calif 100.0
10 Ace Prod & Cas Ins Co 6.7
11 Hartford Fire Ins Co 10.9
12 Amer Zurich Ins Co 71.8
13 Associated Industries Ins Co 100.0
14 Harbor Specialty Insur Co 69.7
15 Great Amer Ins Co 8.0
16 Old Republic Ins Co 28.5
17 St Paul Fire & Marine Ins Co 6.9
18 Louisiana Workers' Comp Corp 100.0
19 Atlantic Mutual Ins Co 24.9
20 Federal Ins Co 6.6
21 Princeton Ins Co 77.1
22 Employers Ins Co of Wausau 38.1
23 Fireman's Fund Ins Co 16.9
24 OneBeacon Ins Co 8.4
25 Zenith Ins Co 99.1
Total U.S. P/C Industry 10.9
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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