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.
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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)