Top 100 U.S. Property & Casualty Insurance Companies - Reinsurance News (2024)

ThisTop 100 U.S. Property & Casualty Insurance Companies directory is based on research data from rating agency A.M. Best.

Listing the top property and casualty insurance companies in the United States, this directory provides a simple way to analyse the top P&C insurance companies in the U.S.

The property and casualty insurance groups featured are ranked by net premiums written in 2022. You can sort the table by any of the headings and search it to analyse individual insurance companies.

RankingP/C insurance company name2022 Net premiums written (US $ 000)% change from previous year
1State Farm Group77,760,74411.6
2Berkshire Hathaway Ins73,561,832-2.1
3Progressive Ins Group51,077,6219.6
4Allstate Ins Group42,486,33210
5Liberty Mutual Ins Cos38,684,0187
6Travelers Group33,294,45011.7
7USAA Group26,188,9836.7
8Chubb INA Group23,869,80210
9Nationwide Group19,447,5563.3
10Farmers Ins Group17,498,3849.6
11American Family Insurance Group14,099,03611.4
12Hartford Ins Group13,742,1379.5
13American Intl Group (AIG)13,484,2042
14Fairfax Financial (USA) Group11,712,81912.5
15Auto-Owners Ins Group10,702,71210.9
16Tokio Marine US PC Group9,492,29015.9
17Munich-American Hldg Corp Cos9,193,679-6
18W. R. Berkley Ins Group9,091,05813.6
19Erie Ins Group8,729,0039.2
20CNA Ins Cos8,309,5298.8
21Everest Re US Group8,056,6194.1
22Cincinnati Ins Cos7,081,26712.5
23Markel Corp Group6,200,85118.6
24Zurich Finl Svcs NA Group5,792,07414.4
25Great Amer P&C Ins Grp5,788,01710.6
26Sompo Hldgs US Group5,609,26121.2
27The Hanover Ins Grp Prop & Cas Cos5,473,0279.8
28FM Global Group5,309,4800.7
29XL America Companies5,222,14467
30Auto Club Enterprises Ins Group4,980,3488.2
31CSAA Ins Group4,836,82116.5
32Kemper PC Companies4,515,879-7.3
33Swiss Reinsurance Group4,210,1092.4
34Arch Ins Group4,187,46420
35Allianz US P&C Ins Companies4,050,57022.9
36Mercury Gen Group3,940,2923.2
37Selective Ins Group3,573,58912
38Assurant P&C Group3,360,29310
39Sentry Ins Group3,220,62613
40QBE Americas Group3,174,6961
41AmTrust Group3,125,48915.1
42Old Republic Ins Group3,023,4309.8
43Auto Club Group2,745,2714.9
44COUNTRY Financial PC Group2,715,6321.7
45Citizens Property Ins Corporation2,625,25693.3
46PartnerRe US Group2,581,65312.8
47Starr Intl Group2,527,51418.4
48AXIS US Operations2,462,6658.1
49Amica Mutual Group2,324,0283.9
50Shelter Ins Cos2,253,36110.1
51AF Group2,249,0781.9
52Westfield Group2,239,61916.6
53Federated Mutual Group2,147,9949
54EMC Ins Cos2,121,7334.6
55Acuity, A Mutual Ins Co2,102,24411.3
56NJM Ins Group2,061,1567.3
57Core Specialty2,058,25640.1
58Amer Natl Prop & Cas Companies1,771,19111.7
59MAPFRE North America Group1,769,1315.5
60ICW Pool1,746,86925.1
61West Bend Mutual Ins Co1,730,32312.6
62Alfa Ins Group1,687,36816.7
63Southern Farm Bureau Cas Group1,644,0128.1
64Farm Bureau P&C Group1,642,3659.9
65TN Farmers Ins Cos1,610,1746.8
66Scor US Group1,605,915-29.6
67State Ins Fund WC Fund1,565,502-9.7
68Intact US Ins Group1,545,80612.1
69Utica Natl Ins Group1,453,32410.5
70IAT Ins Group1,446,1710
71Texas Farm Bureau Group1,433,11712.2
72Grange Ins Pool1,406,9572.4
73Argo Group1,309,8270.8
74Aspen US Ins Group1,285,96360.6
75SiriusPoint America Ins Group1,249,41786.9
76RLI Group1,241,53617.4
77KY Farm Bureau Group1,193,9838.9
78Doctors Co Ins Group1,188,0925.2
79NC Farm Bureau Ins Group1,180,83714
80CUMIS Ins Society Group1,167,4079.1
81State Compensation Ins Fund1,165,052-4.6
82Encova Mutual Ins Group1,157,6765.7
83RenaissanceRe US Group1,144,94910.4
84Universal Ins Hldgs Group1,123,7783.8
85TX Mutual Ins Co1,100,64915
86Church Mutual Ins Group1,055,96013.1
87Donegal Ins Group995,2953.5
88FCCI Ins Group980,7208.1
89Mortgage Guar Group960,644-0.9
90Radian Group959,8731.6
91United Fire & Cas Group942,1283.7
92Kinsale Ins Cos936,81041.9
93ProAssurance Group926,495-2.5
94Arbella Ins Group923,56010.7
95Palisades Group909,8690.6
96Secura Ins Cos904,08112.2
97Enact Mortgage Ins Group895,706-2
98James River Group855,350376
99Frankenmuth Ins Group841,8308.4
100Coaction Specialty Ins Group830,1915.3

Source: ©A.M.BestCompany, Inc. — used by permission.

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

Advertise on Reinsurance News

We have 200,000+ readers every month & 27,000+ email subscribers.
Reach the largest reinsurance audience
.

Top 100 U.S. Property & Casualty Insurance Companies - Reinsurance News (2024)

FAQs

Who is the largest property and casualty insurance company in the United States? ›

1. State Farm. State Farm is the industry's biggest player, both in the US and overseas. The Bloomington, Illinois-based P&C insurance giant wrote almost $78 billion worth of premiums in the past year.

Who is the #1 insurance company in the USA? ›

State Farm is the biggest auto insurance company in the country by market share, while Progressive, Geico and Allstate are the next three.

Where does AIG rank in insurance companies? ›

The largest P&C insurers in the United States
RankingP/C insurance company name2022 Net premiums written (US $ 000)
13American Intl Group (AIG)13,484,204
14Fairfax Financial (USA) Group11,712,819
15Auto-Owners Ins Group10,702,712
16Tokio Marine US PC Group9,492,290
96 more rows

What is the largest insurance company in the world? ›

World's largest insurance companies by net non-banking assets
RankingInsurance Company Name2022 Net Non-Banking Assets (US $ 000)
1Allianz SE1,050,762,471
2Ping An Ins (Group) Co of China Ltd.960,678,448
3Berkshire Hathaway Inc.948,452,000
4China Life Insurance (Group) Company885,019,438
21 more rows

Who is the richest insurance company? ›

By net premiums written
RankCompanyNet premiums written (US$ Billion)
1UnitedHealth Group201.5
2Ping An Insurance118.8
3China Life Insurance111.2
4Centene Corporation107.4
21 more rows

What are the two major lines of property casualty P&C insurance firms? ›

The term property and casualty insurance typically contains two primary coverage types: liability coverage and property protection coverage.

Who is State Farm's biggest competitor? ›

Largest Car Insurance Companies: A Closer Look
  • #1 State Farm: Editor's Choice. ...
  • #2 Geico: Affordable for Most Drivers. ...
  • #3 Progressive: Low Rates for High-Risk Drivers. ...
  • #4 Allstate. ...
  • #5 USAA: Low Rates for Military. ...
  • #6 Liberty Mutual: Good Programs for Young Drivers. ...
  • #7 Farmers Insurance. ...
  • #8 Travelers: Most Coverage Options.
Apr 11, 2024

Which insurance company has the highest customer satisfaction? ›

Read on to learn how the top insurance companies ranked and what affected claims satisfaction in 2024.
  • Amica, AIG, and Erie Insurance top the list for consumer satisfaction with property claims, according to a 2024 study by J.D. Power.
  • Travelers and Homesite are rated at the bottom for customer service during claims.
May 9, 2024

What insurance company is most reliable? ›

Best Car Insurance Companies of May 2024
Best car insurance categoryCompany winner
Best insurance company overallTravelers
Best insurance company for affordabilityNJM
Best insurance company for accident forgivenessGeico
Best insurance company for having few customer complaintsAmerican Family
4 more rows
5 days ago

Is AIG still too big to fail? ›

WASHINGTON — A group of federal regulators voted Friday to no longer classify the American International Group as “too big to fail,” freeing the giant insurer from years of tough government oversight. The vote came nine years after the government rescued A.I.G.

Is AIG owned by US government? ›

The United States Department of the Treasury announced an offering of 188.5 million shares of AIG for a total of $5.8 billion on May 7, 2012. The sale reduced Treasury's stake in AIG to 61 percent, from 70 percent before the transaction.

Is AIG financially stable? ›

Fitch Ratings - Chicago - 17 Jan 2024: Fitch Ratings has affirmed the Insurer Financial Strength (IFS) ratings of the rated property/casualty (P&C) insurance subsidiaries of American International Group, Inc. (AIG) at 'A+' (Strong), along with AIG's Long-Term Issuer Default Rating (IDR) at 'A-'.

What is the largest reinsurance company? ›

Munich Re

What is the #1 insurance in America? ›

1. State Farm. State Farm is the largest car insurance provider in the US, accounting for almost 17% of the overall market. The figure is equivalent to over $8 billion more in direct written premiums compared to the next-ranked insurer.

What is the strongest insurance brand in the world? ›

Life Insurance Corporation of India (LIC) is termed as the strongest insurance brand with a steady brand value of $9.8 billion, a brand strength index score of 88.3, and an associated AAA brand strength rating, notes a report by Brand Finance Insurance 100 2024.

What are the US top 5 health insurance companies? ›

The five largest health insurance companies are UnitedHealth Group, Anthem, Kaiser Permanente, Ambetter and Humana. Currently insured?

Is Chubb the world's largest publicly traded property and casualty insurance company? ›

Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.

What is the largest insurance agency in the US? ›

Based on 2023 brokerage revenues from U.S. clients, the largest insurance broker in the United States is Marsh & McLennan Cos Inc. At this time, the New York-based professional services firm reported revenues from U.S. insurance broking of over 10 billion U.S. dollars.

What is the 2nd largest insurance company? ›

  • #1: United Health Group (UNH)
  • #2: Berkshire Hathaway Inc. ( BRK.B)
  • #3: CVS Health Corp Group (CVS)
  • #4: The Cigna Group (CI)
  • #5: Elevance Health Inc. ( ELV)
  • #6: Centene (CNC)
  • #7: Ping An Insurance (PNGAY)
  • #8: Allianz (ALIZY)

Top Articles
Latest Posts
Article information

Author: Francesca Jacobs Ret

Last Updated:

Views: 6063

Rating: 4.8 / 5 (48 voted)

Reviews: 95% of readers found this page helpful

Author information

Name: Francesca Jacobs Ret

Birthday: 1996-12-09

Address: Apt. 141 1406 Mitch Summit, New Teganshire, UT 82655-0699

Phone: +2296092334654

Job: Technology Architect

Hobby: Snowboarding, Scouting, Foreign language learning, Dowsing, Baton twirling, Sculpting, Cabaret

Introduction: My name is Francesca Jacobs Ret, I am a innocent, super, beautiful, charming, lucky, gentle, clever person who loves writing and wants to share my knowledge and understanding with you.