INSURANCE COMPANY RANKINGS

The 2007 statistics presented here were assembled and analyzed in 2008. These rankings were published by the Insurance Information Institute in 2009.

Top Ten Writers Of Commercial Lines Insurance By Direct Premiums Written, 2007

TOP TEN WRITERS OF COMMERCIAL LINES INSURANCE BY DIRECT PREMIUMS
WRITTEN, 2007 ($000)

Rank Group Direct premiums written (1) Market share
1 American International Group (AIG) $24,785,951 10.6%
2 Zurich Insurance Group 14,646,359 6.3
3 Travelers Group 14,411,799 6.2
4 Liberty Mutual Insurance Group 12,694,617 5.5
5 CNA Insurance Group 7,498,600 3.2
6 Hartford Fire & Casualty Group 7,329,624 3.1
7 ACE Ltd. Group 7,256,408 3.1
8 Chubb & Son Group 6,712,247 2.9
9 Nationwide Corp. Group 5,491,012 2.4
10 State Farm Group 4,627,420 2.0

(1) Before reinsurance transactions, excluding state funds. Includes all lines except private passenger auto and homeowners. 

Source: National Association of Insurance Commissioners (NAIC) Annual Statement Database, via Highline Data, LLC. Copyrighted information. No portion of this work may be copied or redistributed without the express written permission of Highline Data, LLC.

Top Ten Commercial Insurance Brokers Of U.S. Business By Revenues, 2007 (1)

TOP TEN COMMERCIAL INSURANCE BROKERS OF U.S. BUSINESS BY REVENUES,
2007 (1) ($ millions)

Rank Company Brokerage revenues
1 Marsh & McLennan Cos. Inc. $5,527.7
2 Aon Corp. (2) 2,696.5
3 Arthur J. Gallagher & Co. 1,282.4
4 Wells Fargo Insurance Services Inc. 1,282.1
5 Willis Group Holdings Ltd. (3) 1,059.1
6 BB&T Insurance Services Inc. 877.4
7 Brown & Brown Inc. 757.6
8 Hilb Rogal & Hobbs Co. (3) 725.4
9 USI Holdings Corp. 617.1
10 Lockton Cos. L.L.C. 502.5 (4)
(1) Companies that derive more than 20 percent of revenues generated by U.S.-based clients, from commercial retail brokerage. Excludes revenue from the placement of employee benefits.
(2) In 2008 Aon agreed to acquire Benfield.
(3) In 2008 Willis acquired Hilb Rogal & Hobbs Co.
(4) Fiscal year ending April 30.

Source: Business Insurance , July 21, 2008.  

TOP TEN GLOBAL INSURANCE COMPANIES BY REVENUES, 2007 (1) ($ millions)


Rank Company Revenues (2) Country Industry
1 AXA $162,762 France Life/health
2 Allianz 140,618 Germany Property/casualty
3 Berkshire Hathaway 118,245 U.S. Property/casualty
4 Assicurazioni Generali 113,813 Italy Life/health
5 American International Group (AIG) (3) 110,064 U.S. Property/casualty
6 Aviva 81,317 U.K. Life/health
7 Prudential 66,358 U.K. Life/health
8 Munich Re Group 64,774 Germany Property/casualty
9 Aegon 62,383 Netherlands Life/health
10 State Farm Insurance Cos. 61,612 U.S. Property/casualty
(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.
(2) Revenues include premium and annuity income, investment income and capital gains or losses, but exclude deposits; includes consolidated subsidiaries, excludes excise taxes.
(3) In 2008 AIG ceded 79.9 percent of its ownership to the federal government in exchange for an $85 billion loan.

Source: Fortune.

Top Ten Global Property/Casualty Insurance Companies By Revenues, 2007 (1)

TOP TEN GLOBAL PROPERTY/CASUALTY INSURANCE COMPANIES BY REVENUES,
2007 (1) ($ millions)

Rank Company Revenues (2) Country
1 Allianz $140,618 Germany
2 Berkshire Hathaway 118,245 U.S.
3 American International Group (AIG) (3) 110,064 U.S.
4 Munich Re Group 64,774 Germany
5 State Farm Insurance Cos. 61,612 U.S.
6 Zurich Financial Services 55,163 Switzerland
7 Allstate 36,769 U.S.
8 Swiss Reinsurance 35,730 Switzerland
9 Millea Holdings 32,487 Japan
10 Travelers Cos. 26,017 U.S.

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.
(2) Revenues include premium and annuity income, investment income and capital gains or losses, but exclude deposits; includes consolidated subsidiaries, excludes excise taxes.
(3) In 2008 AIG ceded 79.9 percent of its ownership to the federal government in exchange for an $85 billion loan. 

Source: Fortune.

Top Ten Global Insurance Brokers By Revenues, 2007

TOP TEN GLOBAL INSURANCE BROKERS BY REVENUES, 2007 ($ millions)

Rank Company Brokerage revenues (1) Country
1 Marsh & McLennan Cos. Inc. $11,281.0 U.S.
2 Aon Corp. (2) 7,096.0 U.S.
3 Willis Group Holdings Ltd. (3) 2,463.0 U.K.
4 Arthur J. Gallagher & Co. 1,457.2 U.S.
5 Wells Fargo Insurance Services Inc. 1,282.1 U.S.
6 Jardine Lloyd Thompson Group P.L.C. 947.3 U.K.
7 BB&T Insurance Services Inc. 877.4 U.S.
8 Hilb Rogal & Hobbs Co. (3) 780.0 U.S.
9 Brown & Brown Inc. 757.6 U.S.
10 Lockton Cos. L.L.C. 728.2 (4) U.S.
(1) Gross revenues generated by insurance brokerage, consulting and related services.
(2) In 2008 Aon agreed to acquire Benfield.
(3) In 2008 Willis acquired Hilb Rogal & Hobbs Co.
(4) Fiscal year ending April 30.

Source: Business Insurance, July 21, 2008.

Top Ten Global Reinsurers By Net Reinsurance Premiums Written, 2007

TOP TEN GLOBAL REINSURERS BY NET REINSURANCE PREMIUMS WRITTEN, 2007 ($ millions)

Rank Company Net reinsurance premiums written Country
1 Munich Reinsurance Co. $30,292.9 Germany
2 Swiss Reinsurance Co. 27,706.6 Switzerland
3 Berkshire Hathaway Re 17,398.0 U.S.
4 Hannover Rueckversicherung AG 10,630.0 Germany
5 Lloyd's (1) 8,362.9 U.K.
6 SCOR SE 7,871.7 France
7 Reinsurance Group of America, Inc.  4,906.5 U.S.
8 Transatlantic Holdings Inc. 3,952.9 U.S.
9 Everest Reinsurance Co. 3,919.4 Bermuda
10 PartnerRe Ltd. 3,757.1 Bermuda

 

(1) Represents an aggregation of all syndicates participating at Lloyd’s.

Source: Standard & Poor's.

Top Ten U.S.-Based Surplus Lines Insurance Companies By Nonadmitted Direct
Written Premiums, 2007

TOP TEN U.S.-BASED SURPLUS LINES INSURANCE COMPANIES BY
NONADMITTED DIRECT WRITTEN PREMIUMS, 2007

Rank  Company (Parent) Nonadmitted direct premiums
1 Lexington Insurance Company (AIG) $6,619,303,663 (1)
2 American International Specialty Lines Insurance Company (AIG)   1,489,355,065
3 Scottsdale Insurance Company (Nationwide Group) 1,198,493,764
4 Columbia Casualty Company (CNA)  763,028,277
5 Landmark American Insurance Company (Allegheny Insurance Holdings)   707,053,618
6 Evanston Insurance Company (Markel)   660,805,870
7 Arch Specialty Insurance Company (Arch Insurance Group)  640,558,769
8 Admiral Insurance Company (W.R. Berkley)   561,736,975
9 National Fire & Marine Insurance Company (Berkshire Hathaway)   544,582,972
10 Essex Insurance Company (Markel) 430,645,562
(1) Provided on a pooling basis.

Source: Business Insurance, September 8, 2008.


 

 

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