Alaska Commercial Multiple Peril Insurance Profitability (2023)

In 2023, Commercial Multiple Peril insurers earned $117.5M in premiums in Alaska and ran a 53.6% loss ratio — the 33rd-highest of 51 states (a mid-range loss ratio for the line).

Source: NAIC 2023 Report on Profitability by Line by State. Loss ratio = incurred losses ÷ premiums earned.

Alaska loss ratio

53.6%

9.0% below national

Premiums earned

$117.5M

Underwriting profit

4.5%

Nationally, Commercial Multiple Peril ran a 62.6% loss ratio in 2023, so Alaska is below the national average. See how every state compares on the Commercial Multiple Peril market page.

Getting Commercial Multiple Peril coverage in Alaska

See recent Alaska rate filings on the Alaska rate page, learn how Commercial Multiple Peril works in our Commercial Multiple Peril guide, then compare real quotes for your business.

Compare Alaska Commercial Multiple Peril Quotes →

Data: NAIC 2023 Report on Profitability by Line by State (public). See our data methodology. Figures are industry aggregates, not a quote.