Best’s News & Research Service - September 05, 2025 02:12 PM (EDT)
Best's Rankings: US P/C Net Premiums Written Rise 5.9% in First Half, Decline at Three Large Mutuals
OLDWICK, N.J. //BestWire// - U.S. property/casualty net premiums written grew 5.9% to $486.76 billion in the first half of the year, according to a new Best's Rankings report.
Net premiums declined at three of the largest mutual insurers: No. 6 Liberty Mutual Insurance Cos., down 2% to $18.28 billion; No. 11 American Family Insurance Group, 5.6% lower to $8.53 billion; and No. 12 Nationwide P&C Group, down 5.3% to $8.48 billion.
The country's largest property/casualty writer, State Farm Group, increased NPW 7.8% to $56.5 billion. No. 2 Progressive Insurance Group hiked net premiums written 14.5% to $42.27 billion.
The report includes first-half 2025 net premiums written, admitted assets and policyholder surplus and percentage change, in addition to other ratios.
Learn more about Best’s News and Research Service.
Subscribers can access the report and data here.
AM Best data sourced from Best’s Financial Suite, US.
(By Renée Kiriluk-Hill, senior associate editor, BestWire: Renee.Kiriluk-Hill@ambest.com)