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 | Chubb | $2,458 | 10.6% | 78.1% | 125.0% | 31.9% | 70.9% | 72.1% | (6.0)pts |
2 | AFG | $1,352 | 5.8% | 109.5% | 77.4% | 68.5% | NM | 118.8% | 9.4pts |
3 | FM Global | $1,157 | 5.0% | 24.7% | 32.6% | 30.6% | 22.8% | 103.4% | 78.7pts |
4 | Travelers | $1,001 | 4.3% | 36.5% | 14.2% | 28.9% | 28.0% | 40.5% | 4.0pts |
5 | Farmers Mutual | $989 | 4.3% | 86.8% | NM | NM | 79.8% | 87.3% | 0.5pts |
6 | Berkshire Hathaway | $982 | 4.2% | 18.7% | 22.5% | 24.0% | 30.2% | 32.6% | 14.0pts |
7 | Sompo | $823 | 3.5% | 92.3% | 111.2% | 110.2% | 52.4% | 81.8% | (10.5)pts |
8 | Liberty Mutual | $805 | 3.5% | 57.3% | 42.4% | 61.2% | 51.5% | 44.0% | (13.4)pts |
9 | Zurich | $799 | 3.4% | 75.3% | 64.1% | 57.9% | 59.6% | 71.3% | (4.0)pts |
10 | QBE | $667 | 2.9% | 93.7% | 66.2% | 71.7% | 95.8% | 60.1% | (33.6)pts |
Total fire & allied lines | $23,197 | - | 64.9% | 47.1% | 40.8% | 49.3% | 74.9% | 10.0pts |