Best's Review

AM BEST'S MONTHLY INSURANCE MAGAZINE



Best's Rankings
US Multi-Peril Crop — Top 20 Carriers — 2022 Edition

Carriers were ranked by 2021 multi-peril crop direct premiums written.
  • September 2022
Rank AMB# Company Name DPW ($ millions) Market Share (%)
2020 2021 YoY
Change
(%)
2020 2021
1 018498 Chubb INA Grp 1,934 2,643 36.6 17.9 17.7
2 005658 QBE North America Insurance Grp 1,636 2,517 53.9 15.1 16.9
3 018878 Sompo Holdings US Grp 1,919 2,376 23.8 17.7 16.0
4 018549 Zurich Insurance US PC Grp 1,584 2,241 41.5 14.6 15.1
5 004835 Great American P & C Insurance Grp 914 1,144 25.2 8.4 7.7
6 018171 FMH Insurance Grp 654 954 45.9 6.0 6.4
7 003116 Fairfax Financial (USA) Grp 597 867 45.1 5.5 5.8
8 018540 American International Grp 520 780 50.0 4.8 5.2
9 018733 Tokio Marine US PC Grp 527 701 33.1 4.9 4.7
10 018557 XL Reinsurance America Grp 163 179 10.2 1.5 1.2
11 004233 Farm Bureau Property & Casualty Grp 119 164 37.7 1.1 1.1
12 000302 COUNTRY Financial Property Casualty Grp 76 118 55.0 0.7 0.8
13 003133 American Agricultural Insurance Company 46 58 27.0 0.4 0.4
14 018887 Church Mutual Insurance Grp 38 43 14.4 0.3 0.3
15 018543 Nodak Insurance Grp 36 41 13.3 0.3 0.3
16 000088 State Farm Grp 24 32 29.6 0.2 0.2
17 004232 United Farm Bureau of Indiana Grp 15 23 54.3 0.1 0.2
18 002445 Rural Mutual Insurance Company 4 5 19.3 0.0 0.0
19 002903 Farm Bureau of Idaho Grp 3 3 12.7 0.0 0.0
20 018783 Aspen US Insurance Grp 17 1 -96.9 0.2 0.0
Total Multi-Peril Crop 10,826 14,888 37.5 100.0 100.0

Source: AM Best data and research



There’s So Much to Cover—Don’t Miss the Latest

Get more news stories like this delivered to your inbox by signing up for our article spotlights.

Subscribe

Back to Home