North Dakota Commercial Multiple Peril Insurance Profitability (2023)

In 2023, Commercial Multiple Peril insurers earned $194.6M in premiums in North Dakota and ran a 56.9% loss ratio — the 27th-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.

North Dakota loss ratio

56.9%

5.7% below national

Premiums earned

$194.6M

Underwriting profit

3.1%

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

Getting Commercial Multiple Peril coverage in North Dakota

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

Compare North Dakota 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.