Alaska Commercial Property Insurance Profitability (2023)

In 2023, Commercial Property insurers earned $78.4M in premiums in Alaska and ran a 33.5% loss ratio — the 35th-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.

Alaska loss ratio

33.5%

12.5% below national

Premiums earned

$78.4M

Underwriting profit

40.3%

Nationally, Commercial Property ran a 46.0% loss ratio in 2023, so Alaska is below the national average. See how every state compares on the Commercial Property market page.

Getting Commercial Property coverage in Alaska

See recent Alaska rate filings on the Alaska rate page, learn how Commercial Property works in our Commercial Property 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.