Kentucky Inland Marine Insurance Profitability (2023)

In 2023, Inland Marine insurers earned $351.0M in premiums in Kentucky and ran a 24.7% loss ratio — the 50th-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.

Kentucky loss ratio

24.7%

20.3% below national

Premiums earned

$351.0M

Underwriting profit

40.2%

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

Getting Inland Marine coverage in Kentucky

See recent Kentucky rate filings on the Kentucky 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.