Arizona Inland Marine Insurance Profitability (2023)

In 2023, Inland Marine insurers earned $633.8M in premiums in Arizona and ran a 45.0% loss ratio — the 18th-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.

Arizona loss ratio

45.0%

≈ national average

Premiums earned

$633.8M

Underwriting profit

21.1%

Nationally, Inland Marine ran a 45.0% loss ratio in 2023, so Arizona is in line with the national average. See how every state compares on the Inland Marine market page.

Getting Inland Marine coverage in Arizona

See recent Arizona rate filings on the Arizona rate page, learn how Inland Marine works in our Inland Marine 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.