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FOR IMMEDIATE
RELEASE
NAIC RELEASES SELECT MARKET SHARE
DATA Life/Fraternal, Property/Casualty
Reports Now Posted Online
WASHINGTON, D.C. (March 6, 2009) - The National
Association of Insurance Commissioners (NAIC) today released two
sets of data that help provide an indicator of the degree of market
concentration in lines of business and identify leading insurance
writers.
The 2008 market share data for life/fraternal and
for property/casualty insurers include countrywide direct written
premium for the top 25 groups and companies as reported on the State
Page of the annual statement for insurers that report to the
NAIC.
The property/casualty report contains cumulative
market share data for the following lines of business: personal
auto, commercial auto, workers'compensation, medical malpractice,
homeowners and other liability (excluding auto liability)
insurance.
The life/fraternal market share report contains
cumulative market share data for the following lines of business:
life, annuity considerations, and totals of life insurance, annuity
considerations, deposit-type contract funds, other considerations
and accident/health insurance.
Both of these reports will be refreshed each Monday
through mid-April. These abbreviated reports are available for
viewing at no charge on the NAIC Web site:
For more in-depth market share information, please refer to the
complete 2008 Market Share Reports for
Property/Casualty and the 2008 Market Share Reports for
Life/Fraternal, which will be made available in summer 2009.
The top 125 groups and companies countrywide are shown in each line
of business and the top 10 groups and companies are shown by state.
These publications can be purchased online via the NAIC Store.
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About the NAIC
Formed in 1871, the National Association of Insurance Commissioners
(NAIC) is a voluntary organization of the chief insurance regulatory
officials of the 50 states, the District of Columbia and five U.S.
territories. The NAIC has three offices: Executive Office, Washington,
D.C.; Central Office, Kansas City, Mo.; and Securities Valuation Office,
New York City. The NAIC serves the needs of consumers and the industry,
with an overriding objective of supporting state insurance regulators as
they protect consumers and maintain the financial stability of the
insurance marketplace. For more information, visit www.naic.org.

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