In 2018, the leading fifteen auto insurance carriers in the United States had a combined market share of 79 percent, increasing by seven percent since 2005. Meanwhile, the top home insurers held 70 percent of the market in 2018.
Market share of of the leading fifteen carriers in selected insurance sectors in the United States in 2005, 2015 and 2018, by type
The term personal lines insurance refers to any kind of insurance that covers individuals against loss that results from death, injury, or loss of property.
The source does not specify which metric determined the leading carriers, but it is likely based on the value of insurance premiums written.
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McKinsey & Company. (April 1, 2020). Market share of of the leading fifteen carriers in selected insurance sectors in the United States in 2005, 2015 and 2018, by type [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1132541/market-share-usa-insurance-leading-carriers/
McKinsey & Company. "Market share of of the leading fifteen carriers in selected insurance sectors in the United States in 2005, 2015 and 2018, by type." Chart. April 1, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1132541/market-share-usa-insurance-leading-carriers/
McKinsey & Company. (2020). Market share of of the leading fifteen carriers in selected insurance sectors in the United States in 2005, 2015 and 2018, by type. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1132541/market-share-usa-insurance-leading-carriers/
McKinsey & Company. "Market Share of of The Leading Fifteen Carriers in Selected Insurance Sectors in The United States in 2005, 2015 and 2018, by Type." Statista, Statista Inc., 1 Apr 2020, https://www.statista.com/statistics/1132541/market-share-usa-insurance-leading-carriers/
McKinsey & Company, Market share of of the leading fifteen carriers in selected insurance sectors in the United States in 2005, 2015 and 2018, by type Statista, https://www.statista.com/statistics/1132541/market-share-usa-insurance-leading-carriers/ (last visited November 22, 2024)
Market share of of the leading fifteen carriers in selected insurance sectors in the United States in 2005, 2015 and 2018, by type [Graph], McKinsey & Company, April 1, 2020. [Online]. Available: https://www.statista.com/statistics/1132541/market-share-usa-insurance-leading-carriers/
