Massachusetts Inland Marine Insurance Profitability (2023)

In 2023, Inland Marine insurers earned $867.4M in premiums in Massachusetts and ran a 43.6% loss ratio — the 22nd-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.

Massachusetts loss ratio

43.6%

1.4% below national

Premiums earned

$867.4M

Underwriting profit

20.7%

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

Getting Inland Marine coverage in Massachusetts

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

Compare Massachusetts 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.