The market for medical professional liability insurance in the United States and Canada is growing and peaked in 2022. In that year, the value of earned medical malpractice insurance premiums amounted to 11.7 billion U.S. dollars in North America, up from 10.8 billion U.S. dollars a year earlier. Berkshire Hathaway was the largest medical professional liability insurer in the same year.
Earned premiums of medical professional liability insurance market in the United States and Canada from 2012 to 2022
(in billion U.S. dollars)
The source states the data is for the U.S. states, U.S. territories, Canada and aggregate other alien. The regions meant by "aggregate other alien" were not specified.
Values have been rounded, and taken from multiple publications.
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NAIC. (August 30, 2023). Earned premiums of medical professional liability insurance market in the United States and Canada from 2012 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/688791/earned-premiums-of-medical-professional-liability-insurance-usa/
NAIC. "Earned premiums of medical professional liability insurance market in the United States and Canada from 2012 to 2022 (in billion U.S. dollars)." Chart. August 30, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/688791/earned-premiums-of-medical-professional-liability-insurance-usa/
NAIC. (2023). Earned premiums of medical professional liability insurance market in the United States and Canada from 2012 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/688791/earned-premiums-of-medical-professional-liability-insurance-usa/
NAIC. "Earned Premiums of Medical Professional Liability Insurance Market in The United States and Canada from 2012 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Aug 2023, https://www.statista.com/statistics/688791/earned-premiums-of-medical-professional-liability-insurance-usa/
NAIC, Earned premiums of medical professional liability insurance market in the United States and Canada from 2012 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/688791/earned-premiums-of-medical-professional-liability-insurance-usa/ (last visited December 21, 2024)
Earned premiums of medical professional liability insurance market in the United States and Canada from 2012 to 2022 (in billion U.S. dollars) [Graph], NAIC, August 30, 2023. [Online]. Available: https://www.statista.com/statistics/688791/earned-premiums-of-medical-professional-liability-insurance-usa/