BRK-B
Berkshire Hathaway
$1.08Tn
502.73
+0.38%
+1.37%
Berkshire Hathaway operates a massive insurance underwriting business through GEICO, BH Primary, and BHRG, writing property and casualty policies. This activity is presented as a core segment that generates significant premiums and provides the 'float' used for the company's broader investment strategy.
CAT
2nd
Caterpillar
$388.70Bn
845.55
+2.32%
+72.36%
The company's financial products segment underwrites insurance programs covering contractual liability, cargo, and equipment physical damage.
HSBC
2nd
Hsbc Holdings
$330.31Bn
96.16
+0.37%
+35.76%
HSBC operates an insurance business under the HSBC Insurance brand, providing insurance solutions to its global customer base.
LYG
2nd
Lloyds Banking
$326.09Bn
5.51
+1.47%
+21.63%
The Insurance and Wealth segment delivers general insurance products, including home, motor, and travel insurance, writing policies to end insureds.
RY
2nd
Royal Bank Of Canada
$274.08Bn
195.68
+0.18%
+33.64%
The Insurance segment provides property and casualty insurance coverage for individuals and businesses.
TD
2nd
Toronto Dominion Bank
$199.12Bn
117.86
+0.22%
+48.01%
Through TD Insurance, the company underwrites property and casualty insurance products for individual and institutional customers.
BBVA
2nd
Banco Bilbao Vizcaya Argentaria
$153.91Bn
26.96
+0.33%
+41.30%
BBVA operates insurance businesses such as BBVA Seguros in Spain and other insurance subsidiaries in Mexico, Turkey, Argentina, Colombia, and Venezuela.
CB
Chubb
$127.58Bn
330.84
-0.13%
+17.58%
Chubb is one of the largest global property and casualty insurers, generating the majority of its revenue from P&C underwriting income across commercial, personal, and agricultural lines. It provides coverage for property damage and liability risks, including specialized lines such as directors and officers, aviation, and energy.
PGR
Progressive
$122.25Bn
210.28
-0.35%
-13.64%
Progressive underwrites property and casualty insurance, specifically providing coverage for personal and commercial auto, homeowners, condo, renters, and general liability. Its revenue is primarily derived from collecting insurance premiums from these policyholders.
HDB
2nd
Hdfc Bank
$114.68Bn
22.35
-2.57%
-34.44%
The company offers general insurance products through its joint venture, HDFC ERGO General Insurance Company Limited.
ITUB
2nd
Itau Unibanco Holding
$94.72Bn
8.59
+1.78%
+24.31%
The company generates revenue from premiums from insurance products offered to individual clients through its Retail Business segment.
BN
2nd
Brookfield
$82.97Bn
36.92
+1.04%
-18.75%
The Wealth Solutions segment also generates revenue from providing property and casualty coverage.
TRV
Travelers Companies
$75.19Bn
360.46
-0.29%
+28.72%
The company is a holding company that provides commercial and personal property and casualty insurance, including workers compensation, commercial automobile, and homeowners insurance. It generates revenue primarily from net written premiums collected on these policies.
UPS
2nd
United Parcel Service
$69.70Bn
93.01
-0.94%
+8.69%
UPS sells insurance offerings specifically designed to protect shipments against loss or damage, taking on the risk of financial loss for these insured events.
MET
2nd
Metlife
$60.22Bn
94.42
+0.06%
+16.09%
Through its Group Benefits segment, MetLife provides accident and health insurance, as well as pet insurance, which fall under property and casualty/specialty underwriting.
ALL
Allstate
$56.84Bn
223.77
-0.32%
+6.55%
Allstate is one of the largest personal lines insurers in the US, underwriting private passenger auto, homeowners, and commercial property and casualty insurance. Its primary revenue is generated from insurance premiums earned through these underwriting activities.
AFL
Aflac
$56.03Bn
111.55
+0.35%
+0.86%
Aflac underwrites supplemental insurance policies covering accident, disability, critical illness, hospital indemnity, dental, and vision risks. It generates revenue from premiums paid by policyholders for these property and liability-style health and accident events.
GGAL
2nd
Grupo Financiero Galicia
$47.56Bn
35.89
-0.50%
+28.41%
The Sudamericana Holding segment, including Galicia Seguros and Seguros Sura, underwrites property and casualty insurance for individuals and companies.
FRFHF
Fairfax Financial Holdings
$47.36Bn
1,560.00
+0.65%
-10.99%
Fairfax operates a Property and Casualty Insurance segment that underwrites commercial property, liability, automobile, and specialty coverages for businesses and individuals. This is a core driver of its revenue through premiums collected from policyholders.
KB
2nd
KB Financial
$44.41Bn
123.85
+1.48%
+50.52%
The company operates KB Insurance, which provides non-life insurance products including automobile and general property and casualty insurance solutions.
AIG
American International
$39.32Bn
74.94
-0.69%
-5.90%
AIG earns the majority of its revenue from insurance premiums across its North America Commercial, International Commercial, and Global Personal segments. It underwrites property, casualty, financial lines, and global specialty risks (marine, aviation, energy) for individuals and multinational corporations.
BBD
2nd
Bank Bradesco
$38.51Bn
3.64
+3.70%
+14.83%
The company has a material insurance segment through Grupo Bradesco Seguros, which underwrites auto and property casualty insurance for 1.68 million automobiles and 1.75 million policies.
SHG
2nd
Shinhan Financial
$37.22Bn
78.00
+1.79%
+55.25%
The group operates Shinhan EZ General Insurance, which provides non-life insurance products such as motor insurance and collateral protection insurance.
BAP
2nd
Credicorp
$35.20Bn
372.97
-1.45%
+43.95%
Through Grupo Pacífico, the company underwrites property and casualty insurance products and is the second-largest insurer in Peru by written premiums.
HIG
Hartford Insurance
$34.14Bn
126.04
+0.20%
-5.19%
The company's primary revenue is generated through insurance premiums from property and casualty policies, including workers compensation, general liability, commercial property, and homeowners insurance. It operates dedicated Business Insurance and Personal Insurance segments that underwrite these risks directly for business and individual customers.
ACGL
Arch Capital
$31.94Bn
93.60
-0.70%
+5.07%
Arch Capital operates a substantial insurance segment providing property casualty and specialty lines through subsidiaries like Arch Insurance and Arch Specialty. It writes admitted and non-admitted policies for individual policyholders, SMEs, and large corporations.
WRB
Berkley W R
$25.60Bn
68.99
+0.12%
-9.44%
W. R. Berkley is a leading insurance holding company that underwrites property and casualty insurance, including general liability, professional liability, and workers' compensation. It generates revenue primarily through premiums collected from these commercial and specialty personal lines policies.
CINF
Cincinnati Financial
$24.86Bn
161.95
-0.12%
+0.90%
The company's main business is property casualty insurance, providing coverage for business property, liability, automobiles, and homeowners. In 2025, its commercial and personal lines segments contributed the vast majority of its consolidated total revenues.
PFG
2nd
Principal Financial
$24.03Bn
111.96
-0.25%
+32.87%
The company underwrites specialty benefits insurance, including group dental, disability, and supplemental health insurance for small and medium-sized businesses.
L
Loews
$21.68Bn
106.03
+0.91%
+4.29%
Loews Corporation's primary revenue is generated through CNA Financial Corporation, which provides commercial property and casualty insurance, including surety and warranty products, to businesses and professionals.
MKL
Markel
$21.53Bn
1,737.78
+0.74%
-9.53%
Markel Insurance is the cornerstone business, providing specialized property and casualty insurance products and generating $9.353 billion in operating revenues. The company underwrites risk across various industry classes including construction, energy, and healthcare.
BRO
2nd
Brown & Brown
$19.77Bn
59.90
-3.07%
-35.90%
The company operates ancillary underwriting businesses, including the Wright National Flood Insurance Company, which is described as a 'write your own flood insurance carrier' that provides underwriting capacity.
GL
2nd
Globe Life
$15.28Bn
165.65
-0.09%
+18.80%
The company provides supplemental health limited-benefit insurance products, including Medicare Supplement and plans covering accident, cancer, and critical illness. These products are underwritten directly to policyholders to cover specific health risks and liability events.
EG
2nd
Everest
$14.29Bn
368.32
-0.11%
+4.92%
The company operates an Insurance segment that contributes 27.1% of gross written premiums by underwriting property, casualty, and specialty insurance policies through brokers and general agents.
UNM
Unum
$14.01Bn
88.53
+0.52%
+12.63%
Unum underwrites a broad portfolio of property and casualty-style liability and specialty risks, including disability, accident, critical illness, dental, and vision insurance. The company generates significant revenue from premium income by taking on the risk of financial loss from illness and injury for employers and employees.
RNR
2nd
Renaissancere Holdings
$13.61Bn
325.58
+0.81%
+27.30%
The company also provides certain insurance solutions and writes insurance products, particularly within its Casualty and Specialty segment, which includes professional liability and credit insurance.
AIZ
Assurant
$13.21Bn
267.41
+0.42%
+22.46%
Assurant underwrites property and casualty insurance, including homeowners, renters, flood, and vehicle protection services. It generates significant revenue from insurance premiums across its Global Housing and Global Automotive lines.
CNA
Cna Financial
$12.54Bn
46.33
+0.94%
+0.39%
CNA Financial primarily underwrites commercial property and casualty coverages, including surety, and generates revenue from insurance premiums in its Specialty, Commercial, and International segments.
BNT
2nd
Brookfield Wealth Solutions
$12.27Bn
36.88
+1.01%
-18.93%
The company operates a Property and Casualty segment that offers homeowners, renters, commercial multi-peril, workers compensation, and auto liability insurance through subsidiaries like Clearbrook.
ALLY
2nd
Ally Financial
$11.55Bn
37.91
+0.69%
-2.42%
The company underwrites vehicle-related insurance products, including vehicle service contracts and guaranteed asset protection waivers, and earns revenue from insurance premiums.
AFG
American Financial
$11.53Bn
139.11
+0.78%
-5.43%
The company's primary operations are in the property and casualty insurance sector, underwriting specialized commercial policies for risks such as cargo transport, liability, and construction defects. Its main revenue source is earned premiums from these P&C insurance policies.
TKC
2nd
Turkcell Iletisim Hizmetleri A S
$11.09Bn
5.04
+0.20%
-18.45%
The company offers digital insurance products through its Turkcell Dijital Sigorta entity within the Techfin segment.
FRHC
2nd
Freedom Holding
$10.63Bn
173.00
-0.24%
+0.19%
Through Freedom Insurance, the company underwrites and distributes general insurance products, including property and accident insurance.
RYAN
2nd
Ryan Specialty Holdings
$9.62Bn
37.66
-1.93%
-32.59%
The company operates as a managing general agent (MGA) through its Underwriting Management segment, where it is granted delegated authority to design, underwrite, and bind policies for specific risks on behalf of carriers. This activity involves the substantive underwriting process for property and casualty lines.
ORI
Old Republic International
$9.19Bn
38.06
+1.49%
-11.22%
The company operates a Specialty Insurance segment that underwrites commercial lines coverage, including commercial auto, workers compensation, property, and general liability for businesses and governments. It generates revenue from net premiums collected on these policies.
VOYA
2nd
Voya Financial
$8.76Bn
96.66
+1.32%
+29.33%
The Employee Benefits segment provides group life, disability, and stop-loss insurance, generating the majority of its revenue from underwriting income (the difference between premiums collected and benefits paid).
WAL
2nd
Western Alliance Bancorporation
$8.33Bn
76.39
+0.90%
-10.63%
The company maintains non-bank subsidiaries that offer captive insurance services, which involves underwriting risk for specific corporate needs.
LNC
2nd
Lincoln National
$7.71Bn
40.28
+1.36%
-0.17%
The Group Protection segment provides disability, accident, hospital indemnity, dental, and vision insurance to employers, which are property and casualty/specialty liability lines.
THG
Hanover Insurance
$7.64Bn
219.43
+1.19%
+20.49%
The company's primary business is the underwriting of property and casualty insurance, generating 6.3 billion dollars in net premiums written. It provides coverage for commercial multiple peril, workers compensation, personal automobile, and homeowners insurance.
KNSL
Kinsale Capital
$7.51Bn
329.74
-1.44%
-25.49%
Kinsale Capital is a property and casualty insurance company that underwrites risks for commercial property, excess casualty, and general casualty lines. It generates revenue primarily from insurance premiums paid by policyholders for these coverages.
AXS
Axis Capital Holdings
$6.94Bn
94.86
-0.73%
+1.09%
Axis Capital operates a substantial Insurance segment providing specialty products such as Professional Lines (D&O, E&O), Property, Liability, and Cyber to commercial enterprises and financial institutions. It earns revenue primarily from premiums written on these insurance contracts.
TMHC
2nd
Taylor Morrison Home
$6.77Bn
72.45
+0.44%
—
The company sells homeowner's insurance policies through Taylor Morrison Insurance Services, Inc.
OMF
2nd
OneMain Holdings
$6.44Bn
56.00
+0.23%
-0.69%
The company's insurance subsidiaries underwrite and sell optional credit insurance (life, disability, involuntary unemployment) and non-credit insurance products like Guaranteed Asset Protection coverage.
IFS
2nd
Intercorp Financial Services
$5.91Bn
53.18
-2.01%
+31.05%
The company provides property and casualty insurance products, specifically mentioning car insurance and SOAT (compulsory traffic accident insurance) via Interseguro.
MCY
Mercury General
$5.67Bn
102.34
+2.07%
+21.72%
Mercury General underwrites property and casualty insurance, specifically personal automobile, homeowners, commercial automobile, and commercial property insurance. Its revenue is primarily generated from insurance premiums collected on these policies.
MTG
Mgic Investment
$5.57Bn
26.94
+2.20%
-2.92%
MGIC provides private mortgage insurance that insures residential mortgage loans against borrower default, which is a form of liability/credit risk underwriting. The company generates its chief revenue from premiums collected on these insurance policies written to mortgage lenders.
ESNT
Essent
$5.41Bn
60.21
+2.29%
-2.19%
Essent provides private mortgage insurance on residential first lien mortgage loans, which is a form of credit insurance covering lender loss. The company generates revenue primarily from insurance premiums on these mortgage policies and has $248.4 billion of insurance in force.
FTDR
Frontdoor
$5.35Bn
77.24
+2.37%
+13.06%
Frontdoor provides home warranty service contracts and builder-backed/insurance-backed warranties that cover the repair or replacement of home systems, appliances, and structural components. This activity involves underwriting the risk of financial loss from property damage or system failure, which aligns with the Property and Casualty Insurance industry.
RLI
Rli
$5.13Bn
55.93
-0.39%
-11.88%
RLI Corp. underwrites property, casualty, and surety products, generating the majority of its revenue from net premiums earned on these policies. Its business segments specifically cover commercial property, marine, general liability, professional services, and executive products.
SIGI
Selective Insurance
$5.10Bn
85.59
+0.81%
+4.14%
Selective Insurance underwrites property and casualty insurance, including commercial automobile, general liability, workers compensation, and property insurance. It generates revenue through premiums from commercial clients and individuals seeking protection for business operations, homes, and vehicles.
WTM
White Mountains Insurance
$4.82Bn
2,020.93
+0.42%
+21.41%
The company generates primary revenue through earned premiums and investment income from its property and casualty insurance subsidiaries, such as Ark, which offers niche lines including property, specialty, marine, energy, and casualty.
CVCO
2nd
Cavco Industries
$4.53Bn
585.13
+1.37%
-0.65%
The company's subsidiary, Standard Casualty Company, provides property and casualty insurance specifically to owners of manufactured homes.
BWIN
2nd
Baldwin Insurance
$4.43Bn
31.77
+0.00%
+14.03%
The company engages in underwriting activities through its Capacity Solutions group, including the management of protected cell captives like TBG Assurance Company LLC and a reciprocal insurance exchange.
RDN
Radian
$4.35Bn
32.55
+4.29%
-7.00%
Radian is a private mortgage insurer that underwrites risk on residential first lien mortgage loans, generating revenue from premiums on these policies. This falls under Property and Casualty Insurance as it covers financial loss from credit events related to property assets.
ARX
Accelerant Holdings
$4.28Bn
19.73
+0.05%
+43.91%
The company operates an Underwriting segment that writes and retains risk, earning revenue from net earned premiums and ceding commissions. It specifically focuses on specialty insurance for low-limit, low-hazard commercial risks.
BH-A
2nd
Biglari Holdings
$3.83Bn
1,813.06
+1.54%
+12.40%
The company provides commercial truck insurance, garage liability, and homeowners policies through subsidiaries like First Guard and Southern Pioneer, earning revenue from insurance premiums.
GNW
Genworth Financial
$3.61Bn
9.54
+2.47%
+7.19%
Genworth Financial operates the Enact segment, which provides private mortgage insurance to lenders and originators to protect against losses on loans. This activity involves underwriting property-related liability risk, which falls under Property and Casualty Insurance.
LMND
Lemonade
$3.59Bn
46.49
-0.58%
-12.78%
Lemonade underwrites and sells property and casualty insurance policies for renters, homeowners, pets, and cars. Its revenue is primarily derived from premiums collected on these policies, which cover property damage and liability risks.
HG
Hamilton Insurance
$3.37Bn
34.13
+1.16%
+41.33%
Hamilton Insurance writes specialty and casualty insurance policies for commercial clients, including medium to large-sized accounts via its Global Specialty platform and small to mid-sized clients via Hamilton Select. It earns revenue from gross premiums written for property, casualty, and specialty lines.
PLMR
Palomar Holdings
$3.31Bn
126.49
+0.44%
+12.61%
Palomar Holdings is a specialty insurance company that underwrites property and casualty insurance, including earthquake, casualty, inland marine, and crop insurance. It generates revenue primarily by writing policies and collecting premiums from individual and commercial customers.
AGO
Assured Guaranty
$3.02Bn
68.49
+0.31%
-18.99%
The company's core activity is providing financial guaranty insurance that guarantees principal and interest payments on public finance and structured finance obligations. It generates its primary revenue from insurance premiums collected on these credit protection policies.
NMIH
NMI Holdings
$2.93Bn
38.83
+1.97%
+4.21%
NMI Holdings provides primary mortgage insurance that protects lenders and investors against default-related losses on residential loans. Its revenue is principally generated from premiums received on these insurance policies.
SPNT
2nd
SiriusPoint
$2.83Bn
24.42
-0.04%
+36.12%
The company has an Insurance & Services segment that underwrites primary property and casualty (P&C) insurance, including professional liability, commercial auto, aviation, space, and marine lines.
BOH
2nd
Bank Of Hawaii
$2.73Bn
69.29
+0.86%
+7.24%
The company operates an insurance subsidiary and earns fee-based income from insurance products offered to its customers.
SLDE
Slide Insurance Holdings
$2.73Bn
23.61
-0.08%
+60.29%
Slide Insurance Holdings operates as a property and casualty insurer, specifically underwriting single-family condominium and commercial residential policies. Its revenue is derived from gross premiums written and policy fees from these property insurance contracts.
SKWD
Skyward Specialty Insurance
$2.44Bn
55.01
+0.42%
+20.06%
Skyward Specialty Insurance generates its main revenue from underwriting and issuing commercial insurance policies across multiple lines, including general liability, professional liability, commercial auto, and workers compensation. It takes on the risk of financial loss for businesses in exchange for premiums collected from policyholders.
PLGO
Pelagos Insurance Capital
$2.34Bn
24.23
-0.41%
+36.12%
The company operates an Insurance segment that underwrites a diverse portfolio of specialty risks, including property, marine, cyber, aviation, and political risk. It generates revenue primarily from gross premiums written on these insurance policies.
HCI
Hci
$2.30Bn
184.23
+1.63%
-2.92%
HCI Group is primarily engaged in the property and casualty insurance business, generating revenue from premiums collected on homeowners' policies written by Homeowners Choice Property & Casualty Insurance Company and TypTap Insurance Company.
PRCH
Porch
$2.28Bn
17.31
+3.34%
+3.04%
The company operates a reciprocal exchange and subsidiary, Homeowners of America, which underwrites homeowners insurance policies in twenty states. It earns revenue from premiums collected on these policies and management fees for underwriting and risk management.
HMN
Horace Mann Educators
$1.84Bn
45.31
+0.91%
+2.49%
The company is an insurance holding company that generates significant revenue from its Property & Casualty segment, which provides auto, homeowners, and renters insurance, generating $804.4 million in direct premiums.
STBA
2nd
S&T Bancorp
$1.75Bn
49.64
+1.29%
+33.44%
S&T Bancorp distributes insurance products to both personal and commercial clients through its insurance subsidiary, earning revenue from insurance policy premiums.
AHL-PD
Aspen Insurance Holdings
$1.65Bn
18.01
-1.64%
-18.65%
Aspen underwrites specialty insurance, including first party, casualty, liability, and financial and professional lines through subsidiaries like Aspen UK and Aspen Specialty. These activities involve taking on risk for corporate clients in exchange for premiums.
SAFT
Safety Insurance
$1.53Bn
103.92
+0.11%
+48.10%
Safety Insurance Group underwrites private passenger and commercial automobile insurance policies, taking on the risk of financial loss from accidents and property damage. Its revenue is primarily derived from insurance premiums written on these policies.
KMPR
Kemper
$1.51Bn
25.67
-1.08%
-49.07%
Kemper's largest revenue driver is its Specialty Property & Casualty Insurance segment, which provides personal and commercial automobile coverage. This segment produced $2,990.3 million in earned premiums over the nine months ended September 30, 2025.
UFCS
United Fire
$1.40Bn
54.62
+1.26%
+80.98%
United Fire Group is a property and casualty insurer that underwrites commercial lines including fire, liability, automobile, workers’ compensation, and surety. Its revenue is primarily generated from premiums earned on these P&C policies sold to small businesses and middle market firms.
TWFG
2nd
Twfg
$1.33Bn
24.61
-0.57%
-10.38%
The company is specifically identified as one of the largest property and casualty agencies in the United States, focusing on the distribution of personal and commercial P&C insurance.
ASIC
Ategrity Specialty Insurance Co Holdings
$1.26Bn
26.20
-1.98%
+51.80%
Ategrity Specialty underwrites property and casualty insurance, specifically offering commercial property, general liability, and professional liability products. The company generates revenue through gross written premiums from small to medium-sized businesses in verticals like Real Estate, Hospitality, Construction, and Retail.
UVE
Universal Insurance Holdings
$1.22Bn
43.92
+1.76%
+65.36%
The company underwrites property and casualty insurance, specifically personal residential homeowners, renters, condo, and dwelling fire policies. Its primary revenue is generated from insurance premiums collected from individual policyholders.
UHAL
2nd
U-Haul Holding
$1.22Bn
62.01
+1.86%
+7.97%
The company has a Property and Casualty Insurance segment that underwrites protection packages such as Safemove and Safestor for its customers.
BOW
Bowhead Specialty Holdings
$1.11Bn
33.78
-0.06%
+41.99%
Bowhead Specialty Holdings underwrites commercial specialty property and casualty insurance, specifically focusing on casualty, professional liability, and healthcare liability risks. Its revenue is primarily generated from gross written premiums received for these insurance policies.
IGIC
International General Insurance Holdings
$1.05Bn
24.62
+0.33%
+4.99%
The company underwrites a diversified portfolio of specialty insurance risks, including energy, property, construction, and professional lines, generating revenue through gross written premiums. It provides coverage for property damage and liability risks to corporate clients across various sectors.
TRUP
Trupanion
$1.03Bn
23.58
-0.51%
-45.49%
Trupanion underwrites medical insurance policies for cats and dogs, taking on the risk of financial loss from veterinary expenses in exchange for premiums. The company controls its own underwriting, pricing, and claims processing for its direct-to-consumer and B2B segments.
HRTG
Heritage Insurance Holdings
$1.01Bn
33.99
+0.27%
+45.44%
Heritage Insurance Holdings generates the majority of its revenue from insurance premiums written on personal residential, commercial residential, and commercial general liability policies. The company underwrites risk for property damage and liability exposures through subsidiaries like Heritage Property & Casualty Insurance Company.
CCNE
2nd
Cnb Financial
$1.01Bn
34.10
+1.25%
+44.37%
The company operates a captive insurance subsidiary that generates revenue through underwriting.
DFH
2nd
Dream Finders Homes
$982.38Mn
10.76
-1.10%
-58.71%
The company offers homeowners insurance and adjacent insurance products to its customers as part of its financial services segment.
MHLA
2nd
Maiden Holdings
$892.16Mn
8.95
+0.22%
-41.12%
The company generates short term income protection business through its subsidiaries Maiden Life Försäkrings AB and Maiden General Försäkrings AB, which serve policyholders in Scandinavian and Northern European markets.
EIG
Employers Holdings
$882.27Mn
49.14
+0.90%
+16.56%
Employers Holdings operates subsidiaries that underwrite workers compensation insurance policies for small to midsized businesses. Its revenue is primarily derived from net premiums written, totaling $750.1 million in 2025, and net investment income from its float.
HIPO
Hippo Holdings
$850.39Mn
32.23
+2.32%
-10.00%
Hippo operates as a licensed insurance carrier providing admitted and non-admitted property and casualty coverage for homeowners, renters, and commercial multi-peril lines. Its primary revenue is generated from gross written premiums, totaling approximately 1.1 billion dollars in 2025.
TIPT
Tiptree
$646.57Mn
17.35
+0.29%
-3.23%
Tiptree operates a significant insurance segment through Fortegra, which specializes in underwriting complex and niche risks, including admitted and excess and surplus (E&S) lines. This activity involves taking on the risk of financial loss from specialty insurance events in exchange for premiums.
ROOT
Root
$633.76Mn
46.26
+0.11%
-49.15%
Root is a full-stack insurance company that underwrites personal auto insurance policies, taking on the risk of financial loss from accidents. Its primary revenue is generated from premiums collected on these policies issued to individual drivers.
DGICA
Donegal
$575.07Mn
18.27
+0.55%
-4.84%
Donegal Group Inc. operates as an insurance holding company whose subsidiaries underwrite property and casualty insurance. Specifically, it provides commercial automobile, workers' compensation, and homeowners insurance policies to businesses and individuals.
AII
American Integrity Insurance
$510.60Mn
26.06
+0.70%
+15.26%
The company underwrites personal residential property insurance for homeowners, condominium owners, and investment properties. It generates revenue primarily through premiums collected from policyholders for covering property damage and liability risks.
ACIC
American Coastal Insurance
$441.05Mn
9.33
+0.86%
-18.23%
The company is primarily engaged in the commercial property and casualty insurance business, specifically writing property insurance for condominium associations, apartment buildings, and assisted living facilities in Florida. It generates revenue from premiums on policies covering perils such as fire, wind, hail, water, theft, and vandalism.
AMSF
Amerisafe
$437.27Mn
23.59
-0.38%
-45.14%
Amerisafe underwrites workers compensation insurance policies for small to mid sized employers in hazardous industries, taking on the risk of financial loss from workplace injuries. Its revenue is primarily generated from collecting premiums for these policies and earning investment income on its reserve assets.
LSAK
2nd
Lesaka Technologies
$360.72Mn
4.33
+1.88%
+1.88%
The company sells funeral insurance policies to its consumer base to help them protect assets, generating revenue from insurance policy fees.
GBLI
Global Indemnity
$348.12Mn
24.35
-0.61%
-16.06%
The company operates five statutory insurance carriers that underwrite and distribute property and casualty insurance products across more than 1,000 classes of business. Its Belmont Core segment wrote over $400 million in gross written premiums in 2025 for risks including commercial buildings, restaurants, and artisan contractors.
NODK
NI Holdings
$306.27Mn
14.99
+0.00%
+14.60%
NI Holdings operates as a holding company for subsidiaries that underwrite property and casualty insurance, specifically providing auto, home, farm, and crop coverages. Its revenue is primarily derived from premiums collected on these policies written to individual and commercial customers.
RM
2nd
Regional Management
$296.83Mn
31.78
+3.25%
-18.35%
The company has a dedicated business segment for Optional Payment and Collateral Protection Insurance Products, underwriting and earning net premiums from credit life, accident and health, involuntary unemployment, and personal property insurance.
KINS
Kingstone Companies
$267.78Mn
18.50
+1.98%
+25.00%
Kingstone operates as a regional property and casualty insurance company through its subsidiary KICO, underwriting homeowners, dwelling fire, renters, and livery physical damage policies. It generates revenue from earned premiums and takes on the risk of financial loss from these property and liability events.
MBI
Mbia
$223.96Mn
4.39
+2.57%
-39.45%
MBIA is a financial guarantee insurance company that generates revenue primarily from insurance premiums earned on its outstanding policies. It underwrites risk for public finance obligations, including municipal bonds, utilities, and healthcare facilities, which falls under the specialty lines of property and casualty insurance.
OSG
Octave Specialty
$207.53Mn
4.61
+7.21%
-47.61%
Octave Specialty operates the Everspan brand, which consists of five insurance carriers that underwrite and retain risk for specialty property and casualty programs, including commercial auto and professional liability. The company generates revenue from underwriting profits on these retained risks, with gross written premiums of $360 million in 2025.
LARK
2nd
Landmark Bancorp
$191.31Mn
31.36
+0.19%
+23.46%
The company owns Landmark Risk Management, Inc., a captive insurance subsidiary that underwrites property and casualty coverage for the bank and parent company. This segment generates revenue through insurance premiums and investment income on premium reserves.
SBFG
2nd
Sb Financial
$183.84Mn
29.40
+0.00%
+54.17%
The company has a captive insurance subsidiary that generates revenue by underwriting risks for the bank and the holding company, and it earns insurance commissions from the sale of policies.
JRVR
James River Group Holdings
$161.37Mn
3.49
+1.16%
-37.12%
James River Group Holdings operates specialty property and casualty insurance companies that underwrite commercial liability and property risks. The company generates revenue primarily from writing insurance policies and collecting premiums from small and middle market enterprises.
SIEB
2nd
Siebert Financial
$89.60Mn
2.18
+0.00%
-24.04%
The company earns insurance commissions by providing property and casualty insurance and natural disaster insurance.
PFX
2nd
PhenixFIN
$86.71Mn
44.87
-0.24%
-5.06%
Through its affiliate NSG, the company provides property and casualty coverage to individuals and businesses, primarily in the southeastern United States.
CITR
2nd
CitroTech
$65.29Mn
2.90
+0.00%
—
Through its subsidiary GEVI Insurance Holdings Inc. and MFB Insurance Company, Inc., the company underwrites wildfire insurance policies for properties that utilize its fire defense systems, taking on the risk of financial loss from fire disasters.
AAME
Atlantic American
$26.11Mn
1.28
-1.54%
-54.77%
The company operates American Southern, which earns premiums from commercial automobile liability, general liability, and surety bonds for state governments and municipalities.
PRHI
Presurance Holdings
$25.70Mn
6.86
+1.03%
-13.71%
Presurance Holdings operates as a property and casualty insurer, specifically providing homeowners and dwelling fire insurance products. Its revenue is primarily generated from premiums earned from these insurance operations and investment income from its reserve portfolio.
OZSC
2nd
Ozop Energy Solutions
$0.00
0.00
-100.00%
-100.00%
Through its Ozop Plus segment and subsidiary EV Insurance Company, Inc., the company underwrites battery premium portions of vehicle service contracts, taking on the risk of battery failure.
