Change in red denotes worsening, while change in green denotes improvement of direct incurred loss ratio on an YoY basis.
No. | Carrier | Q3:24 | Direct incurred loss ratio (%) | YoY change | |||||
---|---|---|---|---|---|---|---|---|---|
DPW ($mn) | Share | Q3:23 | Q4:23 | Q1:24 | Q2:24 | Q3:24 | Q3:24 | ||
1 | Berkshire Hathaway | $756 | 21.5% | 61.0% | 43.7% | 59.5% | 55.0% | 58.9% | (2.2)pts |
2 | The Doctors Co. | $350 | 9.9% | 49.5% | 35.8% | 51.8% | 52.1% | 50.1% | 0.6pts |
3 | ProAssurance | $208 | 5.9% | 49.4% | 77.2% | 46.6% | 48.3% | 41.2% | (8.2)pts |
4 | CNA | $207 | 5.9% | 59.5% | 46.5% | 47.7% | 41.5% | 19.6% | (39.9)pts |
5 | MagMutual | $173 | 4.9% | NM | 50.3% | 30.8% | 65.4% | 4.9% | NM |
6 | Liberty Mutual | $129 | 3.7% | 37.4% | 39.6% | 41.4% | 106.2% | 43.0% | 5.6pts |
7 | Curi | $115 | 3.3% | 55.0% | 44.0% | 56.1% | 39.1% | 65.3% | 10.2pts |
8 | ISMIE | $96 | 2.7% | 42.8% | 72.0% | 47.1% | 47.2% | 40.4% | (2.4)pts |
9 | Mountain Laurel RRG | $93 | 2.6% | 55.7% | 134.4% | 55.7% | 108.6% | 57.3% | 1.6pts |
10 | Coverys | $71 | 2.0% | 36.3% | 135.5% | 42.0% | 36.1% | 39.0% | 2.6pts |
Total medical prof. liab | $3,518 | - | 52.9% | 53.6% | 57.6% | 57.6% | 50.2% | (2.8)pts |