Texas Commercial Multiple Peril Insurance Profitability (2023)

In 2023, Commercial Multiple Peril insurers earned $4.6B in premiums in Texas and ran a 57.3% loss ratio — the 26th-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.

Texas loss ratio

57.3%

5.3% below national

Premiums earned

$4.6B

Underwriting profit

-0.3%

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

Getting Commercial Multiple Peril coverage in Texas

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

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