FOR IMMEDIATE RELEASE
Accident and Health Insurance Industry Shows Continued Growth Nationally
Countrywide the amount of premiums has grown 46% over the last 5 years
WASHINGTON (July 22, 2019) — The National Association of Insurance Commissioners (NAIC) announces the release of its accident and health insurers Market Share Report. Updated annually, the 2018 Market Share Report includes data from annual statement filings to provide information on premiums and market share.
Highlights from the report include:
- The compound annual growth rate of U.S. accident and health premiums was 7.9% for the 5-year period ending in 2018
- California followed by Texas then Florida have the most written premium and together account for 33% of the total Accident and Health Insurance nationwide.
- The top ten insurer groups in 2018 made up nearly 52% of the market share compared to 49% in 2013
The 2018 Market Share Report for Life, Property/Casualty and Accident and Health are available on the NAIC publications page.