The NAIC'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 NAIC's Research & Actuarial Department is providing 2018 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 NAIC. 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.
The Top 25 Property/Casualty Market Share 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.
The Top 25 Life/Fraternal Market Share 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 2019 Market Share Reports for Property/Casualty and the 2019 Market Share Reports for Life/Fraternal, which will be available in the summer of 2020. 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 | 2017-2018 | November |
| Competition Database Report | 2019 | December |
| Homeowners Insurance Report | 2018 | December |
| Profitability Report | 2019 | December |
| Property/Casualty Market Share | 2019 | *July |
| Property/Casualty Statistical Compilation | 2019 | *September |
Life
| NAME | DATA YEAR | ANTICIPATED RELEASE TIME |
|---|---|---|
| Life/Fraternal Market Share | 2019 | *July |
| Life Statistical Compilation | 2019 | *September |
Health
| NAME | DATA YEAR | ANTICIPATED RELEASE TIME |
|---|---|---|
| Accident and Health Market Share Report | 2019 | *August |
| Accident and Health Policy Experience Report | 2019 | *August |
| Health Statistical Compilation | 2019 | *September |
| Long-Term Care Report | 2019 | *October |
| Medicare Supplement Report | 2019 | *August |
| Supplemental Health Care Exhibit Report | 2019 | *September |
Miscellaneous
| NAME | DATA YEAR | ANTICIPATED RELEASE TIME |
|---|---|---|
| Credit Insurance Experience Report | 2015-2019 | *August |
| Insurance Department Resources Report - Volume One | 2019 | *August |
| Insurance Department Resources Report - Volume Two | 2019 | *September |
* Reports with an asterisk are on a delayed schedule in 2020 following relaxed statutory filing requirements enacted in several states due to COVID-19.
In August 2017 the NAIC, in collaboration with a consultant, 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.
Aaron Brandenburg, CPCU
Economist & Statistical Information Manager
816-783-8271
Denise Matthews
Director - Data Coordination & Statistical Analysis
816-783-8007
Eric King, FSA, MAAA
Health Actuary
816-783-8234
Jennifer Gardner, CPCU
Data Coordination and Statistical Analysis Manager
816-783-8758
Justin Cox
Data Analyst II
816-783-8837
Kris DeFrain, FCAS, MAAA, CPCU
Director, Research & Actuarial Department
816-783-8229
Libby Crews, CPCU
Data Analyst II
816-783-8563
Reggie Mazyck
Life Actuary
202-471-3991
Sara Robben
Regulatory Research Specialist
816-783-8230
Anne Obersteadt
Regulatory Research Specialist
816-783-8225