Delaware Inland Marine Insurance Profitability (2023) | GBC

Delaware Inland Marine Insurance Profitability (2023)

In 2023, Inland Marine insurers earned $194.4M in premiums in Delaware and ran a 57.5% loss ratio — the 3rd-highest of 51 states (one of the highest loss ratio for the line).

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

Delaware loss ratio
57.5%
12.5% above national
Premiums earned
$194.4M
Underwriting profit
12.4%

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

Getting Inland Marine coverage in Delaware

See recent Delaware rate filings on the Delaware rate page, learn how Inland Marine works in our Inland Marine guide, then compare real quotes for your business.

Compare Delaware Inland Marine Quotes →
Data: NAIC 2023 Report on Profitability by Line by State (public). See our data methodology. Figures are industry aggregates, not a quote.
An unhandled error has occurred. Reload 🗙