Nevada Inland Marine Insurance Profitability (2023)

In 2023, Inland Marine insurers earned $298.9M in premiums in Nevada and ran a 53.3% loss ratio — the 4th-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.

Nevada loss ratio

53.3%

8.3% above national

Premiums earned

$298.9M

Underwriting profit

11.3%

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

Getting Inland Marine coverage in Nevada

See recent Nevada rate filings on the Nevada 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.