2009 dATA
Iowa – Commercial CGL/BOP Liability 2009 Direct Written premiums (000)
name
(Direct Writers Highlighted)
2009 market share
2008 market share
Difference
2009 adjusted loss Ratio
2008 adjusted loss Ratio
Difference
1
Allied group a Nationwide Co
$12,743
12.70%
13.30%
-0.60%
46.6
36.7
9.9
2
Cincinnati Insurance Companies
$6,974
6.90%
7.50%
-0.60%
28.9
-82.4
111.3
3
St Paul Travelers
$6,663
6.60%
6.40%
0.20%
97.3
20.3
77
4
W R Berkley group
$6,474
6.40%
6.90%
-0.50%
100.5
16.8
83.7
5
general Casualty (QBE)
$5,164
5.10%
5.60%
-0.50%
-36.2
20.3
-56.5
6
Auto-Owners Insurance group
$4,871
4.90%
5.20%
-0.30%
36.2
0.7
35.5
7
State Farm group
$4,532
4.50%
3.30%
1.20%
172.3
111.2
61.1
8
grinnell Mutual group
$3,322
3.30%
3.30%
0.00%
33.7
29.1
4.6
9
liberty Mutual Insurance Cos
$3,068
3.10%
2.00%
1.10%
58.7
48.7
10
Tokio Marine US grp
$2,927
2.90%
0.00%
2.90%
21.8
-8.3
30.1
$56,738
56.40%
53.50%
2.90%
19.31
36.67
10
total from top 10 writers
$100,379
state total For all carriers combined
Independent Agents 82.10%
55.98 (avg.)
47.3
23
24.3
2009 IOWA COMMERCIAL CGL/BOP LIABILITY
Direct Writers 17.9%
INDEPENDENT AGENTS
Iowa – Workers’ Compensation
DIRECT WRITERS
(Direct Writers Highlighted)
2009 2009 Direct Written market premiums (000) share
name
(avg.)
2008 market share Difference
2009 adjusted loss Ratio
2008 adjusted loss Ratio
Difference
1
liberty Mutual Insurance Cos
$54,802
9.70%
10.00%
-0.30%
75.6
57.4
18.2
2
Accident Fund group
$50,095
8.90%
9.00%
-0.10%
81.4
57.3
24.1
3
EMC Insurance Companies
$49,485
8.80%
7.90%
0.90%
102.4
72.5
29.9
4
St. Paul Travelers
$38,108
6.80%
4.20%
2.60%
90.6
95.5
-4.9
5
Allied group a Nationwide Co
$34,422
6.10%
6.20%
-0.10%
82.8
80.4
2.4
6
Zurich Fin Serv NA
$30,761
5.50%
6.00%
-0.50%
101.8
71.4
30.4
7
Cincinnati Insurance Companies
$25,462
4.50%
4.30%
0.20%
90.2
94.7
-4.5
8
American International group Inc
$24,346
4.30%
5.90%
-1.60%
71.4
65.1
6.3
9
W R Berkley group
$18,362
3.30%
3.50%
-0.20%
76.5
69.3
7.2
United Fire & Casualty
$17,472
3.10%
2.80%
0.30%
52
25.4
26.6
$343,315
61.00%
59.80%
1.20%
82.47
68.90
13.57
10
total from top 10 writers state total For all carriers combined
(avg.)
$563,503
Independent Agents 80.2%
78.2
Direct Writers 19.8%
(avg.)
69.4
8.8
2009 IOWA WORKERS’ COMPENSATION MARKET INDEPENDENT AGENTS
DIRECT WRITERS
SUMMER 2010 |
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