The 不良研究所官方's Research & Actuarial Department is committed to providing insurance regulators, consumers, academics, industry and government entities and other interested persons with insurance statistical, actuarial, financial and market conduct information for both economic analysis and regulatory monitoring of the insurance marketplace. Additionally, Department members assist the Center for Insurance Policy & Research (CIPR) with its mission to serve federal and state lawmakers, federal and state regulatory agencies, international regulatory agencies, and insurance consumers, by enhancing intergovernmental cooperation and awareness, improving consumer protection and promoting legitimate marketplace competition.
The 不良研究所官方's Research & Actuarial Department is providing 2023 Market Share premium data for the top 25 insurers of select property/casualty and life/fraternal lines of business as the data is received. This report includes countrywide direct written premium for the top 25 groups and companies as reported on the State Page of the annual statement for insurers that report to the 不良研究所官方. This report helps to provide an indicator of the degree of market concentration in a line of business as well as identifying leading insurance writers. The Top 25 Market Share reports will be refreshed daily through March 8 and on each subsequent Monday in March.
Top 25 Property/Casualty Market Share
The Top 25 Property/Casualty Market Share document听uses data from the property/casualty annual statement. Market share data for this report is shown for the following lines of business:
- Personal Auto;
- Commercial Auto;
- Workers' Compensation;
- Medical Professional Liability;
- Homeowners; and
- Liability.
Top 25 Life/Fraternal Market Share
The听Top 25 Life/Fraternal Market Share document uses combined data from the life/health annual statement and the fraternal annual statement so that the life insurance market can be viewed in its entirety. Market share data for this report is shown for the following lines of business:
- Life insurance;
- Annuity Considerations; and
- Cumulative Total for Life insurance, Annuity Considerations, Deposit-type Contracts, Other Considerations, and Accident and Health Insurance.
For more in-depth market share information, please refer to the complete听2023 Market Share Reports for Property/Casualty听and the听2023 Market Share Reports for Life/Fraternal, which will be available in the summer of 2024. The top 125 groups and companies countrywide are shown in each line of business and the top 10 groups and companies are shown by state for property/casualty lines and the top 125 groups and companies are shown by state for life/fraternal lines.
Description of Statistical Reports
Property
| NAME | DATA YEAR | ANTICIPATED RELEASE TIME |
|---|---|---|
| Auto Insurance Database Report | 2021/2022 | December |
| Competition Database Report | 2023 | December |
| Homeowners Insurance Report | 2022 | July |
| Profitability Report | 2023 | December |
| Property/Casualty Market Share | 2023 | July |
| Property/Casualty Statistical Compilation | 听 | 听 |
Life
| NAME | DATA YEAR | ANTICIPATED RELEASE TIME |
|---|---|---|
| Life/Fraternal Market Share | 2023 | July |
| Life Statistical Compilation | 听 | 听 |
Health
| NAME | DATA YEAR | ANTICIPATED RELEASE TIME |
|---|---|---|
| Accident and Health Market Share Report | 2023 | August |
| Accident and Health Policy Experience Report | 2023 | August |
| Health Statistical Compilation | 听 | 听 |
| Long-Term Care Report | 2023 | October |
| Medicare Supplement Report | 2023 | August |
| Supplemental Health Care Exhibit Report | 2023 | September |
Miscellaneous
| NAME | DATA YEAR | ANTICIPATED RELEASE TIME |
|---|---|---|
| Credit Insurance Experience Report | 听 | 听 |
| Insurance Department Resources Report - Volume One | 2023 | August |
| Insurance Department Resources Report - Volume Two | 2023 | September |
听
听
In August 2017听the 不良研究所官方,听in collaboration听with a consultant,听began a Job Analysis Project to revise requirements for the Property/Casualty (P/C) Statement of Actuarial Opinion (instructions) using an evidence-based definition of a "Qualified Actuary." The resulting proposed instructions incorporate an expanded definition of "Qualified Actuary" based largely on the results of the Job Analysis Project, with the addition of professionalism requirements.
The instructions with definition were exposed for a 45-day comment period ending Feb. 12. The comments are posted here, along with two memorandums addressing the instructions and proposed next steps.
Miguel Romero
Director, Property & Casualty Regulatory Services
816-783-8479
Aaron Brandenburg, CPCU
Assistant Director, Property & Casualty Regulatory Services
816-783-8271
Justin Cox
Data Analyst III
816-783-8148
Louise Shoriwa
Data Analyst III
Libby Crews, CPCU
Senior P&C Research Specialist
816-783-8563
Anne Obersteadt
Regulatory Research Specialist
816-783-8225
Sara Robben
Regulatory Research Specialist
816-783-8230
Kris DeFrain, FCAS, MAAA, CPCU
Director, Research & Actuarial Department
816-783-8229
Eric King, FSA, MAAA
Health Actuary
816-783-8234