Insurance Market Share by Company

Track the global insurance industry: P&C carriers riding the auto-recovery cycle, health insurers absorbing the UnitedHealth shockwave, Berkshire's float and succession, climate-driven catastrophe losses reshaping coverage, and the insurtech disruption story anchored by Lemonade. Covers public carriers, brokers, reinsurers, and the most-funded private insurtechs.

Data updated 2026-05-31
Insurance

The Insurance sector on Sterling tracks 54 companies.

Insurance Sector Overview

Global Premiums 2024
$7.7T
+5.0% YoY: what the world spent on insurance
US P&C Combined Ratio
96.5%
2025 industry est.: under 100% = profit
US Health MLR
87.8%
% of premiums spent on medical claims
Berkshire Insurance Float
$173B
Free capital Buffett invests

Sector Segments (54 companies)

P&C: Personal
2 companies
Progressive logoProgressive·PGR
Allstate logoAllstate·ALL
P&C: Commercial
4 companies
Travelers logoTravelers·TRV
Chubb logoChubb·CB
Hartford logoHartford·HIG
Cincinnati Financial logoCincinnati Financial·CINF
P&C: Specialty
3 companies
W.R. Berkley logoW.R. Berkley·WRB
Markel logoMarkel·MKL
Assurant logoAssurant·AIZ
Health Insurance
5 companies
UnitedHealth Group logoUnitedHealth Group·UNH
Elevance Health logoElevance Health·ELV
Cigna logoCigna·CI
Humana logoHumana·HUM
Centene logoCentene·CNC
Life & Annuities
7 companies
MetLife logoMetLife·MET
Prudential Financial logoPrudential Financial·PRU
Manulife logoManulife·MFC
Aflac logoAflac·AFL
Globe Life logoGlobe Life·GL
Principal Financial Group logoPrincipal Financial Group·PFG
Ameriprise Financial logoAmeriprise Financial·AMP
Private Credit Insurers
3 companies
Apollo Global Management logoApollo Global Management·APO
KKR logoKKR·KKR
Ares Management logoAres Management·ARES
Reinsurance
4 companies
Everest Group logoEverest Group·EG
RenaissanceRe logoRenaissanceRe·RNR
Munich Re logoMunich Re·MURGY
Arch Capital Group logoArch Capital Group·ACGL
Multiline
4 companies
Berkshire Hathaway logoBerkshire Hathaway·BRK-B
AIG logoAIG·AIG
Allianz logoAllianz·ALIZY
Loews Corporation logoLoews Corporation·L
Title
2 companies
First American Financial logoFirst American Financial·FAF
Fidelity National Financial logoFidelity National Financial·FNF
Broker
6 companies
Marsh McLennan logoMarsh McLennan·MMC
Aon logoAon·AON
Arthur J. Gallagher logoArthur J. Gallagher·AJG
Brown & Brown logoBrown & Brown·BRO
Willis Towers Watson logoWillis Towers Watson·WTW
Erie Indemnity logoErie Indemnity·ERIE
Insurtech: Public
8 companies
Lemonade logoLemonade·LMND
Root logoRoot·ROOT
Hippo logoHippo·HIPO
Oscar Health logoOscar Health·OSCR
Clover Health logoClover Health·CLOV
Goosehead Insurance logoGoosehead Insurance·GSHD
Trupanion logoTrupanion·TRUP
TWFG logoTWFG·TWFG
Insurtech: Private
6 companies
Coalition logoCoalition·COALITION
At-Bay logoAt-Bay·AT-BAY
Pie Insurance logoPie Insurance·PIE
Newfront logoNewfront·NEWFRONT
Devoted Health logoDevoted Health·DEVOTED
Cover Genius logoCover Genius·COVERGENIUS

Recent Sector Highlights

  • Lemonade approaches GAAP breakeven in 2026: gross loss ratio dragged from 105% to ~72%
  • Berkshire insurance float crosses $173B; Greg Abel succeeds Buffett Jan 2026
  • UnitedHealth stock collapses from $610 → $280 (Nov 2024 → May 2025) after Brian Thompson killing + DOJ Optum probe + MA cuts
  • Hurricane Helene + Milton + Palisades fires push 2024 global insured cat losses past $140B
  • Munich Re acquires Next Insurance for $2.6B: the insurtech endgame signal
  • Progressive maintains ~87% combined ratio while Allstate recovers from 110%+ disaster years
  • Reinsurance Jan 1 2026 renewals see first 5-15% rate decreases on loss-free cat layers (softening cycle)

Frequently asked questions

What is the Insurance sector?

Track the global insurance industry: P&C carriers riding the auto-recovery cycle, health insurers absorbing the UnitedHealth shockwave, Berkshire's float and succession, climate-driven catastrophe losses reshaping coverage, and the insurtech disruption story anchored by Lemonade. Covers public carriers, brokers, reinsurers, and the most-funded private insurtechs.

Which companies lead the Insurance sector?

Sterling tracks 54 companies in Insurance, led by Progressive (PGR), Allstate (ALL), Travelers (TRV), Chubb (CB), Hartford (HIG) and W.R. Berkley (WRB).

How can I invest in the Insurance sector?

Publicly traded names in Insurance include Progressive (PGR), Allstate (ALL), Travelers (TRV), Chubb (CB) and Hartford (HIG). Compare them side by side on Sterling. Data last updated May 31, 2026.

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