Top 10 Writers Of Product Liability Insurance By Direct Premiums Written, 2023 |
($000)
|
Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
1 |
Chubb Ltd. |
$544,321 |
10.5% |
2 |
Allianz |
266,579 |
5.1 |
3 |
W.R. Berkley Corp. |
250,732 |
4.8 |
4 |
American International Group (AIG) |
239,380 |
4.6 |
5 |
Kinsale Insurance Co. |
236,610 |
4.6 |
6 |
Selective Insurance Group Inc. |
229,584 |
4.4 |
7 |
Great American Insurance Group |
229,192 |
4.4 |
8 |
Liberty Mutual |
225,265 |
4.4 |
9 |
Hartford Financial Services |
218,193 |
4.2 |
10 |
Fairfax Financial Holdings |
194,963 |
3.8 |
(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, excluding territories.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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