Revenue Growth Benchmarks
Top-line performance metrics of companies across industries and countries
Leading Insurance Carriers in US (Revenue >500 Mn)
On annualized basis, the revenues of US insurers expanded at an average rate of 10.4%, with 26 companies surpassing the average growth rate. Of these, Oscar Health, Neuehealth, Kinsale Capital, Trupanion, American Equity emerged as the top 5 fastest-growing companies, driving the overall industry growth. However, notably, the revenues of 13 companies declined, averaging -18% during this period.
[ 1: LTM Sales in USD Biliion | Red Shading: Companies with negative growth in period | Green Shading: Top 15 companies by growth rank in period ]
| Company | HQ | Reported | Latest | LTM | year-on-year % | CAGR | Growth Rank | ||||||||||||
| Currency | FQ | Sales1 | 3m | 6m | 9m | ltm | 1y | 2y | 3y | 5y | 6m | LTM | 3ycagr | 5ycagr | |||||
| MetLife Inc | USA | USD | 2023-12 | 66.52 | 21.8% | -9.0% | -4.3% | -1.6% | -2.1% | 2.1% | -0.2% | -0.5% | 39 | 37 | 37 | 37 | |||
| Progressive Corp | USA | USD | 2023-12 | 62.08 | 25.4% | 23.6% | 26.6% | 25.2% | 25.2% | 14.1% | 13.3% | 14.2% | 7 | 9 | 11 | 6 | |||
| Allstate Corp | USA | USD | 2023-12 | 57.09 | 8.7% | 9.2% | 10.8% | 11.1% | 11.1% | 6.2% | 10.9% | 7.5% | 27 | 24 | 14 | 15 | |||
| Prudential Financial Inc | USA | USD | 2023-12 | 54.52 | 19.6% | -27.8% | -16.0% | -3.4% | -4.7% | -12.7% | -1.6% | -2.9% | 45 | 38 | 39 | 41 | |||
| American International Group Inc | USA | USD | 2023-12 | 47.24 | -16.8% | -12.2% | -8.9% | -13.6% | -13.7% | -4.6% | 2.5% | -0.1% | 41 | 42 | 32 | 36 | |||
| The Travelers Companies Inc | USA | USD | 2023-12 | 41.37 | 13.5% | 13.8% | 12.8% | 12.0% | 12.1% | 9.0% | 9.0% | 6.4% | 17 | 20 | 18 | 18 | |||
| The Hartford Financial Services | USA | USD | 2023-12 | 24.33 | 8.1% | 9.3% | 11.2% | 11.3% | 11.3% | 6.0% | 6.2% | 5.3% | 26 | 22 | 24 | 21 | |||
| Aflac Inc | USA | USD | 2023-12 | 18.84 | -2.5% | 1.9% | 0.1% | -1.6% | -1.6% | -6.5% | -5.4% | -2.8% | 36 | 36 | 44 | 40 | |||
| Markel Group Inc | USA | USD | 2023-12 | 15.71 | 11.1% | 9.5% | 31.8% | 33.0% | 33.0% | 10.3% | 17.7% | 17.7% | 25 | 6 | 7 | 4 | |||
| Loews Corp | USA | USD | 2023-12 | 15.68 | 10.5% | 11.0% | 11.8% | 11.6% | 11.6% | 6.9% | 4.7% | 2.2% | 21 | 21 | 28 | 29 | |||
| CNA Financial Corp | USA | USD | 2023-12 | 13.13 | 10.6% | 10.6% | 10.8% | 10.4% | 10.4% | 6.6% | 7.1% | 5.3% | 22 | 26 | 22 | 22 | |||
| Unum Group | USA | USD | 2023-12 | 12.31 | 4.3% | 4.2% | 4.0% | 3.6% | 3.7% | 2.0% | -2.2% | 1.2% | 35 | 32 | 41 | 33 | |||
| WR Berkley Corp | USA | USD | 2023-12 | 12.11 | 7.0% | 8.6% | 11.2% | 8.0% | 8.0% | 13.0% | 14.4% | 9.4% | 28 | 29 | 10 | 12 | |||
| Lincoln National Corp | USA | USD | 2023-12 | 11.70 | -81.3% | -42.8% | -44.6% | -38.2% | -38.2% | -18.5% | -12.6% | -6.6% | 48 | 45 | 45 | 42 | |||
| Fidelity National Financial Inc | USA | USD | 2023-12 | 11.52 | 31.6% | 4.4% | 8.4% | 0.6% | 0.6% | -12.6% | 2.5% | 8.7% | 34 | 34 | 33 | 13 | |||
| Cincinnati Financial Corp | USA | USD | 2023-12 | 10.01 | 7.7% | 14.2% | 45.4% | 52.6% | 52.6% | 2.0% | 9.9% | 13.1% | 16 | 2 | 15 | 8 | |||
| American Financial Group Inc | USA | USD | 2023-12 | 7.73 | 9.3% | 9.8% | 13.7% | 14.1% | 14.1% | 11.4% | 10.9% | 2.0% | 24 | 18 | 13 | 31 | |||
| Genworth Financial Inc | USA | USD | 2023-12 | 7.37 | 1.4% | 0.4% | 0.6% | 0.1% | -0.3% | -1.5% | -3.5% | -1.4% | 38 | 35 | 42 | 39 | |||
| Old Republic International Corp | USA | USD | 2023-12 | 7.26 | -17.2% | -9.0% | -6.4% | -10.2% | -10.2% | -11.9% | 0.4% | 3.0% | 40 | 40 | 35 | 28 | |||
| First American Financial Corp | USA | USD | 2023-12 | 6.00 | -14.9% | -16.9% | -18.1% | -21.0% | -21.0% | -19.3% | -5.4% | 0.9% | 44 | 43 | 43 | 34 | |||
| The Hanover Insurance Group Inc | USA | USD | 2023-12 | 5.96 | 3.5% | 7.1% | 9.9% | 9.8% | 9.8% | 7.5% | 7.4% | 5.8% | 31 | 27 | 21 | 20 | |||
| Oscar Health Inc | USA | USD | 2023-12 | 5.86 | 38.0% | 39.7% | 41.1% | 42.1% | 42.1% | 74.7% | 115.0% | na | 5 | 4 | 1 | - | |||
| Globe Life Inc | USA | USD | 2023-12 | 5.45 | 6.0% | 6.4% | 5.2% | 4.2% | 4.2% | 3.1% | 4.8% | 4.8% | 32 | 31 | 27 | 24 | |||
| Kemper Corp | USA | USD | 2023-12 | 4.91 | -13.5% | -12.8% | -11.6% | -9.8% | -9.8% | -6.4% | -1.7% | 5.9% | 42 | 39 | 40 | 19 | |||
| Mercury General Corp | USA | USD | 2023-12 | 4.63 | 19.4% | 18.9% | 24.2% | 27.1% | 27.1% | 7.7% | 6.9% | 6.5% | 10 | 7 | 23 | 17 | |||
| F&G Annuities & Life Inc | USA | USD | 2023-12 | 4.31 | 138.7% | 45.0% | 113.5% | 89.6% | 89.6% | 12.9% | na | na | 3 | 1 | - | - | |||
| Selective Insurance Group Inc | USA | USD | 2023-12 | 4.23 | 16.6% | 18.7% | 19.2% | 18.9% | 18.9% | 11.9% | 13.1% | 10.4% | 11 | 12 | 12 | 10 | |||
| Brown & Brown Inc | USA | USD | 2023-12 | 4.19 | 8.9% | 12.0% | 16.0% | 17.7% | 17.9% | 17.4% | 17.2% | 15.9% | 20 | 15 | 8 | 5 | |||
| CNO Financial Group Inc | USA | USD | 2023-12 | 4.15 | 20.2% | 12.7% | 14.9% | 15.9% | 15.9% | 0.3% | 2.8% | -0.8% | 19 | 17 | 31 | 38 | |||
| Brighthouse Financial Inc | USA | USD | 2023-12 | 3.95 | ####### | 126.0% | -45.2% | -40.4% | -40.4% | 5.0% | -21.8% | -14.5% | 1 | 46 | 46 | 44 | |||
| Erie Indemnity Co | USA | USD | 2023-12 | 3.32 | 17.9% | 17.8% | 17.7% | 16.5% | 16.1% | 11.3% | 8.8% | 6.6% | 12 | 16 | 19 | 16 | |||
| NeueHealth Inc | USA | USD | 2023-09 | 3.21 | 39.3% | 65.6% | 38.5% | -637.1% | 59.4% | 116.4% | 104.8% | na | 2 | 48 | 2 | - | |||
| Primerica Inc | USA | USD | 2023-12 | 2.82 | 5.7% | 5.7% | 4.8% | 3.5% | 3.5% | 1.9% | 8.3% | 8.2% | 33 | 33 | 20 | 14 | |||
| Stewart Information Services Corp | USA | USD | 2023-12 | 2.26 | -11.2% | -13.7% | -21.8% | -26.5% | -26.5% | -17.4% | -0.5% | 3.4% | 43 | 44 | 38 | 27 | |||
| American Equity Investment Life | USA | USD | 2023-12 | 1.65 | 20.8% | 17.7% | 18.1% | 18.0% | 18.0% | 17.2% | 26.7% | 21.4% | 13 | 13 | 5 | 3 | |||
| American Equity Investment Life Holding Co | USA | USD | 2023-12 | 1.58 | -134.9% | -34.2% | -35.8% | -56.0% | -56.0% | -37.0% | -25.0% | -11.7% | 46 | 47 | 47 | 43 | |||
| RLI Corp | USA | USD | 2023-12 | 1.52 | 21.5% | -36.6% | -19.5% | -10.6% | -10.6% | 13.5% | 15.6% | 13.2% | 47 | 41 | 9 | 7 | |||
| Horace Mann Educators Corp | USA | USD | 2023-12 | 1.43 | 14.0% | 10.1% | 7.5% | 6.8% | 6.8% | 7.0% | 3.6% | 4.0% | 23 | 30 | 29 | 25 | |||
| Universal Insurance Holdings Inc | USA | USD | 2023-12 | 1.39 | 13.7% | 14.4% | 15.0% | 13.8% | 13.8% | 11.4% | 9.1% | 11.1% | 15 | 19 | 16 | 9 | |||
| Kinsale Capital Group Inc | USA | USD | 2023-12 | 1.22 | 41.5% | 41.5% | 47.0% | 46.0% | 46.0% | 36.9% | 38.6% | 40.7% | 4 | 3 | 3 | 1 | |||
| Trupanion Inc | USA | USD | 2023-12 | 1.11 | 20.3% | 21.2% | 21.9% | 22.5% | 22.5% | 25.9% | 30.2% | 29.5% | 8 | 10 | 4 | 2 | |||
| United Fire Group Inc | USA | USD | 2023-12 | 1.10 | 0.7% | 7.7% | 11.8% | 11.1% | 11.1% | 2.0% | 0.6% | 0.3% | 30 | 23 | 34 | 35 | |||
| Donegal Group Inc | USA | USD | 2023-12 | 0.93 | 7.4% | 8.6% | 9.8% | 9.4% | 9.4% | 6.6% | 6.0% | 3.8% | 29 | 28 | 26 | 26 | |||
| Safety Insurance Group Inc | USA | USD | 2023-12 | 0.93 | 15.4% | 16.7% | 20.3% | 17.9% | 17.9% | 3.5% | 3.3% | 2.2% | 14 | 14 | 30 | 30 | |||
| Skyward Specialty Insurance Group Inc | USA | USD | 2023-12 | 0.89 | 30.3% | 38.4% | 41.6% | 40.3% | 39.2% | 28.6% | 25.5% | na | 6 | 5 | 6 | - | |||
| Employers Holdings Inc | USA | USD | 2023-12 | 0.85 | 1.8% | 0.7% | 14.8% | 19.3% | 19.3% | 10.0% | 6.2% | 1.2% | 37 | 11 | 25 | 32 | |||
| Heritage Insurance Holdings Inc | USA | USD | 2023-09 | 0.72 | 12.6% | 12.9% | 12.4% | 10.5% | 4.9% | 5.7% | 9.0% | 10.3% | 18 | 25 | 17 | 11 | |||
| National Western Life Group Inc | USA | USD | 2023-12 | 0.70 | 28.8% | 20.1% | 30.6% | 25.6% | 25.6% | -9.4% | 0.4% | 5.0% | 9 | 8 | 36 | 23 | |||
| Source: Annual Filings, Company Website | |||||||||||||||||||