Residential Earthquake Written Premium Distribution - Exhibit B
Exhibit B is comprised of total direct written premiums for California Earthquake Authority (CEA) companies and Non-CEA companies. Since 1996, the CEA market share has decreased to 66% in 2000 - a decrease of eight (8) percentage points. In 1998, two new non-CEA companies began writing Earthquake coverage exclusively, which could explain the increase in premium for non-CEA companies.
Chart (PDF version)
Year | California Earthquake Authority (CEA) | Non-CEA |
1996 | $576,560,688 | $201,445,977 |
1997 | $436,901,121 | $169,529,150 |
1998 | $399,348,674 | $189,375,775 |
1999 | $417,802,063 | $208,034,997 |
2000 | $419,997,934 | $217,482,486 |
Summary Tables