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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 4, 2013) — 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 2012 market share data for life/fraternal and 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 professional liability, 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 aggregate total of life
insurance, annuity considerations, deposit-type contract funds, other
considerations and accident/health insurance.
Both reports will be refreshed daily through March 8 and then on each
Monday through the end of March. These abbreviated reports are available
for viewing on the NAIC website:
For questions regarding the reports or data, contact the NAIC Research &
Actuarial Department.
Complete and in-depth market share information will be featured in the 2012
Market Share Reports for Property/Casualty and the 2012 Market
Share Reports for Life/Fraternal, which will be available this summer.
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About the NAIC
The National Association of Insurance Commissioners (NAIC) is the U.S.
standard-setting and regulatory support organization created and governed
by the chief insurance regulators from the 50 states, the District of
Columbia and five U.S. territories. Through the NAIC, state insurance
regulators establish standards and best practices, conduct peer review, and
coordinate their regulatory oversight. NAIC staff supports these efforts
and represents the collective views of state regulators domestically and
internationally. NAIC members, together with the central resources of the
NAIC, form the national system of state-based insurance regulation in the
U.S. For more information, visit www.naic.org.
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