Studies, Reports & Publications
news: 2005 CA Property & Casualty Market Share
Note: The following reports are in PDF. You will need the Adobe Acrobat Reader to view the PDF file. To download a FREE Acrobat Reader, follow this link to Adobe's website. The following reports are for the 2005 Market Share of Property & Casualty Insurers licensed to do business in California. The data are from the National Association of Insurance Commissioner's (NAIC) database, for California licensed companies only. The information is the same as reported on the State Page (page 20) of the insurer's Annual Statement or known as the Statutory Page 14 data. Furthermore, only companies actively doing business in California (with Direct Written Premium greater than $0) are included. The reports are "by line of business" on an individual company basis and on a group basis, and are sorted alphabetically by company (or group) name, and by their written premium. The Top 25 Groups' report shows their breakdown of business written by concentration level, which is defined by the percentages of premium written in 2005 by line of business with respect to that group's total business written. These Top 25 Groups represent 77.7% of California's property and casualty industry.
We have added the Historical Loss & LAE Ratios of the Top 20 Insurers (1996 to 2005) in California for three lines of business: Homeowners, PPA Liability, and PPA Physical Damage.
KEY: The columns of the report are as follows:
Rec #: Record Count (number of companies or groups in the report)
Group #: NAIC assigned number for the Group of companies
NAIC #: NAIC assigned number for the Individual companies
Company Name: Name of the insurer
Written Premium: CA Direct Written Premium (DWP)
Market Share: Calculated by dividing the insurer's DWP by the Total DWP for all insurers
Concentration Level: The % of premium written in the current year by line of business with respect to the group's total business written
Earned Premium: CA Direct Earned Premium (DEP)
Incurred Losses: CA Direct Losses Incurred (DLI)
Loss Ratio: Calculated by dividing the insurer's DLI by the DEP