North Carolina Commercial Multiple Peril Insurance Profitability (2023)

In 2023, Commercial Multiple Peril insurers earned $1.4B in premiums in North Carolina and ran a 46.4% loss ratio — the 44th-highest of 51 states (one of the lowest loss ratio for the line).

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

North Carolina loss ratio

46.4%

16.2% below national

Premiums earned

$1.4B

Underwriting profit

11.3%

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

Getting Commercial Multiple Peril coverage in North Carolina

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

Compare North Carolina 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.