Sandy Loss Scenarios Per Insurer

Fitch’s estimates for direct individual company losses were derived from a combination of assumptions, company-reported premium data and statistics and estimates from Fitch, SNL Financial, AIR Worldwide and EQECAT.

Under this analysis, the Fitch established the top 10 by weighted market share.

Photo courtesy of Laurie DePrete

Hartford Fire Group  Hartford Fire Group

Losses based on $20 billion scenario — $503 million

Losses based on $40 billion scenario — $1 billion

USAA Group USAA Group

Losses based on $20 billion scenario — $522 million

Losses based on $40 billion scenario — $1 billion

Erie Insurance Group Erie Insurance Group

Losses based on $20 billion scenario — $668 million

Losses based on $40 billion scenario — $1.3 billion

Nationwide Mutual Group Nationwide Mutual Group

Losses based on $20 billion scenario — $715 million

Losses based on $40 billion scenario — $1.4 billion

National Indemnity National Indemnity

Losses based on $20 billion scenario — $892 million

Losses based on $40 billion scenario — $1.8 billion

The Chubb Corporation The Chubb Corporation

Losses based on $20 billion scenario — $991 million

Losses based on $40 billion scenario — $2 billion

Travelers Group Travelers Group

Losses based on $20 billion scenario — $1.4 billion

Losses based on $40 billion scenario — $2.9 billion

Liberty Mutual Group Liberty Mutual Group

Losses based on $20 billion scenario — $1.6 billion

Losses based on $40 billion scenario — $3.3 billion

Allstate Insurance Group Allstate Insurance Group

Losses based on $20 billion scenario — $1.8 billion

Losses based on $40 billion scenario — $3.6 billion

State Farm Mutual Group State Farm Mutual Group

Losses based on $20 billion scenario — $1.9 billion

Losses based on $40 billion scenario — $3.9 billion