Magazine date:
Mar 2022 
In 2020, the cyber risk insurance market generated a turnover of 4.1 billion USD in the United States. Local companies account for 67.1% of the underwritings, namely 2.75 billion USD.
This class of business has been growing rapidly with a premium growth rate of 29% in 2020. Nevertheless, its market share in the American P&C business is still low with 0.57%.
Read also | List of major cyber attacks in 2021 [4]
Top 20 cyber risk insurers in the United States
| Rank | Group | 2020 turnover | 2020 loss ratio | 2020 shares | |
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| 1 | 1 | CHUBB LTD GRP | 404 144 104 | 61.% | 14.7% |
| 2 | 2 | AXA INS GRP | 293 025 192 | 98.2% | 10.6% |
| 3 | 3 | AMERICAN INTERNL GRP | 228 424 711 | 100.6% | 8.3% |
| 4 | 4 | ST PAUL TRAVELERS GRP | 206 817 208 | 85.5% | 7.5% |
| 5 | 5 | BEASLEY GRP | 177 746 192 | 47.9% | 6.5% |
| 6 | 6 | AXIS CAPITAL GRP | 133 549 784 | 46.2% | 4.8% |
| 7 | 7 | CNA INS GRP | 119 612 168 | 105.7% | 4.3% |
| 8 | 10 | FAIRFAX FINANCIAL | 108 687 558 | 55.7% | 3.9% |
| 9 | 11 | HARTFORD FIRE 7 CAS GRP | 102 864 503 | 25.4% | 3.7% |
| 10 | 8 | BCS INS GRP | 86 582 699 | 59.1% | 3.1% |
| 11 | 14 | TOKIO MARINE HOLDINGS INC GRP | 78 160 355 | 51.1% | 2.8% |
| 12 | 12 | SOMPO GRP | 72 588 641 | 114.1% | 2.6% |
| 13 | 13 | ZURICH INS GRP | 64 430 818 | 40.4% | 2.3% |
| 14 | 9 | LIBERTY MUT GRP | 41 856 727 | 30.0% | 1.5% |
| 15 | 18 | APOLLO GLOBAL MGMT GRP | 39 338 993 | 29.6% | 1.4% |
| 16 | 15 | BERKSHIRE HATHAWAY | 37 366 878 | 25.8% | 1.4% |
| 17 | 19 | MARKEL CORP GRP | 29 736 405 | 38.0% | 1.1% |
| 18 | 28 | EVEREST REIN HOL INC | 28 173 404 | 48.0% | 1.0% |
| 19 | 17 | CINCINATTI FNCL GRP | 24 888 476 | 24.6% | 0.9% |
| 20 | 25 | SWISS RE GRP | 23 654 519 | 42.6% | 0.9% |