Kansas Commercial Multiple Peril Insurance Profitability (2023) | GBC

Kansas Commercial Multiple Peril Insurance Profitability (2023)

In 2023, Commercial Multiple Peril insurers earned $551.4M in premiums in Kansas and ran a 56.4% loss ratio — the 30th-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.

Kansas loss ratio
56.4%
6.2% below national
Premiums earned
$551.4M
Underwriting profit
1.3%

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

Getting Commercial Multiple Peril coverage in Kansas

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

Compare Kansas 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.
An unhandled error has occurred. Reload 🗙