Wisconsin Inland Marine Insurance Profitability (2023) | GBC

Wisconsin Inland Marine Insurance Profitability (2023)

In 2023, Inland Marine insurers earned $508.9M in premiums in Wisconsin and ran a 37.0% loss ratio — the 42nd-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.

Wisconsin loss ratio
37.0%
8.0% below national
Premiums earned
$508.9M
Underwriting profit
29.4%

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

Getting Inland Marine coverage in Wisconsin

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

Compare Wisconsin 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 🗙