Profit of leading mutual P&C insurers U.S. | Statista (2024)

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    Published by

    Jun 5, 2024

    In 2021, the most profitable mutual property and casualty insurance company in the United States was Nationwide. In that year, the profits of Nationwide amounted to approximately 1.6 billion U.S. dollars. Auto-Owners Insurance followed behind with 1.3 billion U.S. dollars in the same year.

    Profit of leading mutual property and casualty insurance companies in the United States in 2020 and 2021 (in million U.S. dollars)

    Characteristic20202021
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    Release date

    2022

    More information

    Region

    United States

    Survey time period

    2020 and 2021

    Supplementary notes

    The source adds the following information ":Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. This includes private companies and cooperatives that file a 10-K or a comparable financial statement with a government agency, and mutual insurance companies that file with state regulators. It also includes companies that file with a government agency but are owned by private companies, domestic or foreign, that do not file such financial statements. Excluded are private companies not filing with a government agency; companies incorporated outside the U.S.; and U.S. companies consolidated by other companies, domestic or foreign, that file with a government agency."
    Revenues for insurance companies include premium and annuity income, investment income, and capital gains or losses, but exclude deposits.

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    Profit of leading mutual P&C insurers U.S. | Statista (6)

    Jennifer Rudden

    Research Lead Financial Services & Real estate

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    Statistics on " Property and casualty insurance in the United States "

    Other statistics that may interest you Property and casualty insurance in the United States

    Key players

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    Insurance premiums

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    Auto insurance

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    Homeowner insurance

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    Insured losses

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    Profit of leading mutual P&C insurers U.S.  | Statista (2024)
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