Top 20 U.S. cyber insurance companies
Top US cyber insurers by premiums written
This table displays the top 20 property and casualty insurance carriers underwriting cyber risks in the United States.
This top 20 U.S. cyber insurers directory is based on research data from rating agency A.M. Best.
Listing the top U.S. cyber insurance companies, this directory provides a simple way to analyse the top cyber underwriters in the United States.
These cyber insurance companies are ranked by 2022 total standalone and packaged cyber insurance direct premiums written (USD $m’s). You can sort the table by any of the headings and search it to analyse individual cyber insurers.
| 2022 Rank | Company Name | 2022 Direct Premiums Written (DPW) | 2021-2022 DPW Change (%) | Market Share (%) | % Cyber DPW Standalone | % Cyber DPW Packaged | 2021 Rank |
|---|---|---|---|---|---|---|---|
| 1 | Chubb INA Group | 604.9 | 27.9 | 8.4 | 0 | 100 | 1 |
| 2 | Fairfax Financial (USA) Group | 563 | 29 | 7.8 | 100 | 0 | 2 |
| 3 | XL Reinsurance America Group (AXA XL) | 527.4 | 25.3 | 7.3 | 100 | 0 | 3 |
| 4 | Tokio Marine US PC Group | 367.6 | 47.2 | 5.1 | 79.7 | 20.3 | 4 |
| 5 | Arch Insurance Group | 346.4 | 102.3 | 4.8 | 93.3 | 6.7 | 9 |
| 6 | Travelers Group | 315.3 | 35.8 | 4.4 | 82.8 | 17.2 | 6 |
| 7 | American International Group | 299 | 24.3 | 4.1 | 99.8 | 0.2 | 5 |
| 8 | Nationwide Group | 257.3 | 40.5 | 3.6 | 93.5 | 6.5 | 8 |
| 9 | Zurich Insurance US PC Group | 252.5 | 66.3 | 3.5 | 75 | 25 | 13 |
| 10 | Sompo Holdings US Group | 248 | 85.7 | 3.4 | 100 | 0 | 15 |
| 11 | CNA Insurance Companies | 228.9 | 26.2 | 3.2 | 12.1 | 87.9 | 10 |
| 12 | Berkshire Hathaway Insurance Group | 228.5 | 42.9 | 3.2 | 67.5 | 32.5 | 11 |
| 13 | Liberty Mutual Insurance Companies | 208.2 | 47.1 | 2.9 | 49.8 | 50.2 | 14 |
| 14 | Swiss Re Group | 207 | 99.4 | 2.9 | 100 | 0 | 19 |
| 15 | AXIS US Operations | 195.7 | 23.1 | 2.7 | 85.7 | 14.3 | 12 |
| 16 | Beazley USA Insurance Group | 174.6 | -13.1 | 2.4 | 94.4 | 5.6 | 7 |
| 17 | Ascot Insurance US Group | 166.6 | 158.9 | 2.3 | 44.3 | 55.7 | 22 |
| 18 | Randall Group | 161.7 | 545.3 | 2.2 | 98.6 | 1.4 | 32 |
| 19 | Markel Corp Group | 152.9 | 226.2 | 2.1 | 75.1 | 24.9 | 27 |
| 20 | Hartford Insurance Group | 152.3 | 23.7 | 2.1 | 15 | 85 | 26 |
Source: © A.M. Best Company, Inc. — used by permission.
The top 20 cyber insurers in the U.S. market account for more than $5.6 billion of direct premiums written in 2022.
The entire property & casualty insurance industry underwrote approximately $7.24 billion of U.S. cyber insurance premiums in 2022, according to A.M. Best.