U.S. Individual Property/Casualty Insurers with Most Net Premiums Written

View Table
Printer Friendly Version
U.S. Individual Property/Casualty Insurers with Most Net Premiums Written

U.S. Individual Property/Casualty Insurers with Most Net Premiums Written
In the first quarter of 2004. Dollars in thousands
Published June 17, 2004
Related Table: Leaders in Volume and Percent Growth
Rank   First quarter Year earlier Change
1 State Farm Mutual Auto Insurance Co. Bloomington, Ill. $8,280,787 $8,095,655 2.29%
2 Allstate Insurance Co. Northbrook, Ill. 5,772,040 5,459,787 5.72
3 Nationwide Mutual Insurance Co. Columbus, Ohio 2,816,125 2,938,327 -4.16
4 State Farm Fire and Casualty Co. Bloomington, Ill. 2,274,403 2,025,614 12.28
5 Zurich American Insurance Co. Schaumburg, Ill. 1,980,618 1,807,092 9.60
6 Liberty Mutual Insurance Co. Boston 1,924,442 1,665,657 15.54
7 Continental Casualty Co. Chicago 1,801,265 1,786,128 0.85
8 Federal Insurance Co. Warren, N.J. 1,737,315 1,572,881 10.45
9 National Union Fire Insurance Co. of Pittsburgh New York 1,735,000 1,369,776 26.66
10 American Home Assurance Co. New York 1,720,781 1,352,020 27.27
11 Government Employees Insurance Co. Washington 1,628,045 1,455,388 11.86
12 American Family Mutual Insurance Co. Madison, Wis. 1,410,404 1,283,154 9.92
13 National Indemnity Co. Omaha 1,288,134 1,195,155 7.78
14 St. Paul Fire and Marine Insurance Co. 1,230,953 1,167,006 5.48
15 United Services Auto Association San Antonio 1,131,197 1,077,074 5.03
16 Farmers Insurance Exchange Los Angeles 1,125,308 1,018,619 10.47
17 Progressive Casualty Insurance Co. Mayfield Village, Ohio 1,063,576 1,413,498 -24.76
18 Hartford Fire Insurance Co. Conn. 940,906 971,115 -3.11
19 Travelers Casualty and Surety Co. Hartford, Conn. 920,912 831,869 10.70
20 Erie Insurance Exchange Pa. 919,780 842,805 9.13
21 Everest Reinsurance Co. Liberty Corner, N.J. 874,179 649,562 34.58
22 Lexington Insurance Co. Boston 865,528 656,730 31.79
23 Transatlantic Reinsurance Co. New York 804,786 674,767 19.27
24 Cincinnati Insurance Co. 792,409 686,511 15.43
25 Motors Insurance Corp. Southfield, Mich. 776,074 725,562 6.96
26 Travelers Indemnity Co. Hartford, Conn. 755,827 683,116 10.64
27 USAA Casualty Insurance Co. San Antonio 751,626 708,933 6.02
28 Hartford Accident and Indemnity Co. Conn. 741,162 764,958 -3.11
29 General Reinsurance Corp. Stamford, Conn. 720,224 751,601 -4.17
30 Metropolitan Property and Casualty Insurance Co. Warwick, R.I. 714,578 699,520 2.15
31 Firemans Fund Insurance Co. Novato, Calif. 698,574 689,041 1.38
32 Employers Reinsurance Corp. Overland Park, Kan. 682,317 696,396 -2.02
33 Auto-Owners Insurance Co. Lansing, Mich. 668,415 651,947 2.53
34 Geico Indemnity Co. Washington 591,257 466,217 26.82
35 Factory Mutual Insurance Co. Johnston, R.I. 589,809 650,276 -9.30
36 Anthem Insurance Cos. Inc. Indianapolis 565,152 471,309 19.91
37 California State Auto Assn. Inter-Insurance San Francisco 508,737 490,611 3.69
38 Interinsurance Exchange of the Automobile Club Santa Ana, Calif. 508,621 475,470 6.97
39 Swiss Reinsurance America Corp. Armonk, N.Y. 500,938 414,019 20.99
40 Odyssey America Reinsurance Co. Stamford, Conn. 488,147 443,141 10.16
41 Berkley Insurance Co. Greenwich, Conn. 465,769 367,053 26.89
42 Employers Insurance of Wausau Wis. 463,024 420,335 10.16
43 Commerce and Industry Insurance Co. New York 456,579 360,467 26.66
44 Safeco Insurance Co. of America Seattle 453,971 397,907 14.09
45 Trinity Universal Insurance Co. Dallas 443,481 470,111 -5.66
46 Pacific Indemnity Co. Warren, N.J. 405,168 362,198 11.86
47 State Farm General Insurance Co. Bloomington, Ill. 393,345 346,367 13.56
48 Nationwide Mutual Fire Insurance Co. Columbus, Ohio 380,194 396,692 -4.16
49 Health Care Indemnity Inc. Nashville 363,459 377,158 -3.63
50 Country Mutual Insurance Co. Bloomington, Ill. 351,468 309,761 13.46
51 Mid-Century Insurance Co. Los Angeles 348,043 314,918 10.52
52 Hanover Insurance Co. Worcester, Mass. 344,440 345,431 -0.29
53 21st Century Insurance Co. Woodland Hills, Calif. 339,459 292,472 16.07
54 Ace American Insurance Co. Philadelphia 339,190 253,122 34.00
55 OneBeacon Insurance Co. Boston 328,903 228,312 44.06
56 Southern Farm Bureau Casualty Insurance Co. Ridgeland, Miss. 328,410 302,911 8.42
57 Ace Property and Casualty Insurance Co. Philadelphia 324,362 242,056 34.00
58 General Insurance Co. of America Seattle 316,404 277,329 14.09
59 Auto Club Insurance Association Dearborn, Mich. 316,181 299,671 5.51
60 Commerce Insurance Co. Webster, Mass. 313,678 371,326 -15.52
61 Partner Reinsurance Co. of the U.S. Greenwich, Conn. 308,658 312,394 -1.20
62 Amica Mutual Insurance Co. Providence, R.I. 299,215 276,252 8.31
63 Great American Insurance Co. Cincinnati 298,823 234,367 27.50
64 Liberty Mutual Fire Insurance Boston 289,390 262,709 10.16
65 Mortgage Guaranty Insurance Corp. Milwaukee 288,994 300,164 -3.72
66 Mercury Insurance Co. Los Angeles 288,544 258,834 11.48
67 Berkley Regional Insurance Co. Urbandale, Iowa 287,571 238,862 20.39
68 State Farm Lloyds Inc. Dallas 285,322 288,786 -1.20
69 Federated Mutual Insurance Co. Owatonna, Minn. 275,212 272,351 1.05
70 Foremost Insurance Co. Grand Rapids, Mich. 268,188 215,427 24.49
71 Peerless Insurance Co. Boston 267,763 229,806 16.52
72 Sentry Insurance a Mutual Co. Stevens Point, Wis. 261,531 267,467 -2.22
73 American States Insurance Co. Seattle 261,377 229,098 14.09
74 Allstate New Jersey Insurance Co. Northbrook, Ill. 255,373 266,350 -4.12
75 Zenith Insurance Co. Woodland Hills, Calif. 251,440 185,939 35.23
76 New Jersey Manufacturers Insurance Co. West Trenton 248,815 221,360 12.40
77 Mercury Casualty Co. Los Angeles 246,691 202,752 21.67
78 Progressive Northern Insurance Co. Mayfield Village, Ohio 240,810 320,037 -24.76
  Progressive Northwestern Insurance Co. Mayfield Village, Ohio 240,810 320,037 -24.76
80 Hartford Insurance Co. of Illinois Hartford, Conn. 228,992 236,344 -3.11
81 State Farm Florida Insurance Co. Winter Haven 228,631 196,762 16.20
82 Birmingham Fire Insurance Co. of Pennsylvania New York 228,290 180,234 26.66
83 Insurance Co. of the State of Pennsylvania New York 228,290 180,234 26.66
  New Hampshire Insurance Co. New York 228,290 180,234 26.66
85 Electric Insurance Co. Beverly, Mass. 228,009 211,703 7.70
86 Phoenix Insurance Co. Hartford, Conn. 226,005 204,153 10.70
87 Westfield Insurance Co. Westfield Center, Ohio 223,505 217,484 2.77
88 Grange Mutual Casualty Co. Columbus, Ohio 221,077 209,893 5.33
89 American Reinsurance Co. Princeton, N.J. 220,973 359,605 -38.55
90 Owners Insurance Co. Lansing, Mich. 219,792 161,581 36.03
91 Standard Fire Insurance Co. Hartford, Conn. 219,035 197,856 10.70
92 Shelter Mutual Insurance Co. Columbia, Mo. 218,533 221,005 -1.12
93 Citizens Insurance Co. of America Howell, Mich. 217,242 204,753 6.10
94 Folksamerica Reinsurance Co. New York 215,177 238,471 -9.77
95 Travelers Casualty and Surety Co. of America Hartford, Conn. 212,299 162,672 30.51
96 Selective Insurance Co. of America Branchville, N.J. 210,489 181,502 15.97
97 Virginia Surety Co. Inc. Glenview, Ill. 209,251 177,187 18.10
98 Ambac Assurance Corp. New York 196,663 173,958 13.05
99 Starr Excess Liability Insurance Co. New York 194,744 147,764 31.79
100 American Economy Insurance Co. Seattle 192,594 168,809 14.09
101 Columbia Insurance Co. Omaha 191,018 130,174 46.74
102 Executive Risk Indemnity Inc. Warren, N.J. 190,510 170,363 11.83
103 Converium Reinsurance North America Inc. Stamford, Conn. 189,998 251,521 -24.46
104 AIU Insurance Co. New York 188,152 142,075 32.43
105 American International Insurance Co. Wilmington, Del. 183,190 155,982 17.44
106 Platinum Underwriters Reinsurance Co. New York 177,593 218,677 -18.79
107 Evanston Insurance Co. Deerfield, Ill. 177,296 162,110 9.37
108 Peerless Independent Insurance Co. Boston 175,653 151,178 16.19
109 Liberty Insurance Corp. Boston 173,634 157,626 10.16
110 Radian Guaranty Inc. Philadelphia 172,221 144,081 19.53
111 Farm Bureau Mutual Insurance Co. West Des Moines 171,959 162,884 5.57
112 State Auto Property and Casualty Insurance Co Columbus, Ohio 170,928 157,531 8.50
113 FCCI Mutual Insurance Co. Sarasota, Fla. 170,599 190,415 -10.41
114 Ohio Casualty Insurance Co. Fairfield 170,207 164,952 3.19
115 West American Insurance Co. Fairfield, Ohio 170,207 164,952 3.19
116 Truck Insurance Exchange Los Angeles 168,524 152,547 10.47
117 MBIA Insurance Corp. Armonk, Neb. 168,314 205,331 -18.03
118 Employers Mutual Casualty Co. Des Moines 167,745 167,195 0.33
119 Safety Insurance Co. Boston 167,670 158,869 5.54
120 State Farm Indemnity Co. Parsippany, N.J. 167,618 173,479 -3.38
121 Farmers Reinsurance Co. Los Angeles 165,184 151,248 9.21
122 Pacific Employers Insurance Co. Philadelphia 164,961 123,103 34.00
123 Acuity a Mutual Insurance Co. Sheboygan, Wis. 164,932 156,137 5.63
124 Norcal Mutual Insurance Co. San Francisco 163,352 166,740 -2.03
125 Fire Insurance Exchange Los Angeles 162,663 147,626 10.19
126 American National Property and Casualty Co Springfield, Mo. 162,428 140,465 15.64
127 Infinity Insurance Co. Birmingham, Ala. 161,547 70,301 129.79
128 Kentucky Farm Bureau Mutual Insurance Co Louisville 161,405 137,240 17.61
129 Medical Protective Co. Fort Wayne, Ind. 158,262 192,509 -17.79
130 General Casualty Co. of Wisconsin Sun Prairie 155,656 149,103 4.39
131 West Bend Mutual Insurance Co. Wis. 155,586 138,832 12.07
132 Golden Eagle Insurance Corp. San Diego 154,952 65,677 135.93
133 United States Fire Insurance Co. Morristown, N.J. 152,900 140,902 8.52
134 Farmers Insurance Co. of Oregon Tigard 152,216 137,784 10.47
135 U.S. Fidelity and Guaranty Co. St. Paul 151,905 163,908 -7.32
136 North Carolina Farm Bureau Mutual Insurance Co. Raleigh 151,636 149,423 1.48
137 Balboa Insurance Co. Irvine, Calif. 143,560 141,257 1.63
138 Philadelphia Indemnity Insurance Co. Bala Cynwyd, Pa. 140,563 119,681 17.45
139 Utica Mutual Insurance Co. Utica, N.Y. 140,495 136,604 2.85
140 Progressive Specialty Insurance Co. Mayfield Village, Ohio 140,472 186,688 -24.76
141 Admiral Insurance Co. Cherry Hill, N.J. 137,775 123,666 11.41
142 Doctors Co. an Interinsurance Exchange Napa, Calif. 136,844 135,225 1.20
143 Hartford Steam Boiler Inspection and Insurance Co. Conn. 136,727 134,523 1.64
144 Accident Fund Insurance Co. of America Lansing, Mich. 135,770 117,397 15.65
145 Great West Casualty Co. South Sioux City, Neb. 135,419 110,753 22.27
146 Scottsdale Insurance Co. Ariz. 134,582 140,422 -4.16
147 PMI Mortgage Insurance Co. Walnut Creek, Calif. 134,235 139,083 -3.49
148 Westchester Fire Insurance Co. Philadelphia 133,969 121,230 10.51
149 Amerisure Mutual Insurance Co. Farmington Hills, Mich. 132,799 124,818 6.39
150 American Bankers Insurance Co. of Florida Miami 125,760 122,795 2.41

Notes: Data derived from companies' income statements. Pooling results in the same net numbers for some affiliated companies
Source: National Underwriter Insurance Data Services (877 299-9424)

© 2004 American Banker