Alaska Product Liability Insurance Profitability (2023)
In 2023, Product Liability insurers earned $7.1M in premiums in Alaska and ran a 39.6% loss ratio — the 32nd-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.
Alaska loss ratio
39.6%
9.7% below national
Premiums earned
$7.1M
Underwriting profit
19.6%
Nationally, Product Liability ran a 49.3% loss ratio in 2023, so Alaska is below the national average. See how every state compares on the Product Liability market page.
Getting Product Liability coverage in Alaska
See recent Alaska rate filings on the Alaska rate page, 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.