Top 75 North American Public Insurers Ranked by 2018 Revenue

Rank AMB# Company Name 2018 Total Revenue ($000) 2017 Total Revenue ($000) % Change 1 058106 UnitedHealth Group Incorporated 226,247,000 201,159,000 12.5% 2 058334 Inc. 225,682,000 242,061,000 -6.8% 3 058180 Anthem, Inc. 92,105,000 90,040,000 2.3% 4 058175 MetLife, Inc. 67,941,000 62,308,000 9.0% 5 058182 , Inc. 63,465,000 59,689,000 6.3% 6 051149 Centene Corporation 60,369,000 48,572,000 24.3% 7 058052 Humana Inc. 56,912,000 53,767,000 5.8% 8 058702 American International Group, Inc. 47,427,000 49,593,000 -4.4% 9 058312 The Corporation 39,821,000 39,427,000 1.0% 10 050910 Great-West Lifeco, Inc. 32,297,032 37,454,564 -6.3% 11 058454 The Progressive Corporation 31,954,700 26,816,100 19.2% 12 058470 , Inc. 30,282,000 28,902,000 4.8% 13 066866 Financial Corporation 27,332,771 45,137,021 -34.2% 14 058003 Aflac Incorporated 21,758,000 21,667,000 0.4% 15 051244 WellCare Health Plans, Inc. 20,414,100 17,007,200 20.0% 16 050913 Inc. 19,856,308 23,440,177 -8.0% 17 051101 Molina Healthcare Inc. 18,890,000 19,944,000 -5.3% 18 058707 Group, Inc. 18,750,000 16,988,000 10.4% 19 058364 Holdings Limited 17,536,600 16,024,100 9.4% 20 058709 Lincoln National Corporation 16,424,000 14,257,000 15.2% 21 058179 Principal Financial Group, Inc. 14,237,200 14,093,200 1.0% 22 050177 Loews Corporation 14,066,000 13,735,000 2.4% 23 050542 Ameriprise Financial, Inc. 12,924,000 12,180,000 6.1% 24 058089 Group of America, Incorporated 12,875,664 12,515,769 2.9% 25 058110 Unum Group 11,598,500 11,286,800 2.8% 26 046498 , Inc. 8,754,000 8,278,000 5.8% 27 050817 Voya Financial Inc. 8,514,000 8,618,000 -1.2% 28 059780 Genworth Financial, Inc. 8,430,000 8,295,000 1.6% 29 051156 , Inc. 8,057,600 6,415,000 25.6% 30 051160 Intact Financial Corporation 7,748,588 7,429,880 13.3% 31 058496 W. R. Berkley Corporation 7,609,369 7,616,595 -0.1% 32 058366 Fidelity National Financial, Inc. 7,594,000 7,663,000 -0.9% 33 058405 Markel Corporation 6,949,807 6,053,723 14.8% 34 058309 Alleghany Corporation 6,887,160 6,424,655 7.2% 35 058317 American Financial Group, Inc. 6,778,000 6,620,000 2.4%

Copyright © 2019 A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED. No portion of this content may be reproduced, distributed, or stored in a database or retrieval system, or transmitted in any form or by any means without the prior written permission of AM Best. While the content was obtained from sources believed to be reliable, its accuracy is not guaranteed. For additional details, refer to our Terms of Use available at AM Best website: www.ambest.com/terms. Rank AMB# Company Name 2018 Total Revenue ($000) 2017 Total Revenue ($000) % Change 36 058439 Old Republic International Corporation 6,021,800 6,263,100 -3.9% 37 052894 First American Financial Corporation 5,745,127 5,768,578 -0.4% 38 058704 Cincinnati Financial Corporation 5,407,000 5,732,000 -5.7% 39 052590 National General Holdings Corp. 4,607,971 4,422,272 4.2% 40 058505 The Hanover Group, Inc. 4,494,300 4,267,900 5.3% 41 058030 CNO Financial Group, Inc. 4,313,500 4,297,200 0.4% 42 058103 Torchmark Corporation 4,303,751 4,155,573 3.6% 43 058711 Kemper Corporation 3,725,100 2,723,400 36.8% 44 058411 Mercury General Corporation 3,380,004 3,415,962 -1.1% 45 058009 American National Insurance Company 3,326,382 3,411,000 -2.5% 46 033745 OneMain Holdings, Inc. 3,193,000 2,830,000 12.8% 47 050905 Triple-S Management Corporation 2,996,059 2,916,085 2.7% 48 050750 American Equity Investment Life Holding Company 2,936,589 2,990,734 -1.8% 49 058466 Selective Insurance Group, Inc. 2,586,080 2,469,984 4.7% 50 058517 Stewart Information Services Corporation 1,907,672 1,955,724 -2.5% 51 058453 , Inc. 1,899,843 1,689,102 12.5% 52 058430 The Navigators Group, Inc. 1,443,157 1,318,790 9.4% 53 058469 State Auto Financial Corporation 1,275,800 1,422,300 -10.3% 54 058348 Radian Group Inc. 1,274,357 1,221,631 4.3% 55 058706 Horace Mann Educators Corporation 1,191,599 1,171,550 1.7% 56 058413 MGIC Investment Corporation 1,123,848 1,066,054 5.4% 57 058589 United Fire Group, Inc. 1,070,166 1,052,737 1.7% 58 050660 ProAssurance Corporation 877,082 858,116 2.2% 59 051085 Safety Insurance Group, Inc. 828,400 836,015 -0.9% 60 051146 Universal Insurance Holdings, Inc. 823,816 751,916 9.6% 61 058460 RLI Corp. 818,123 797,224 2.6% 62 051243 Employers Holdings, Inc. 800,400 801,400 -0.1% 63 058355 Donegal Group Inc. 769,135 737,404 4.3% 64 051554 United Insurance Holdings Corp. 724,058 654,573 10.6% 65 058512 FBL Financial Group Inc. 719,626 737,911 -2.5% 66 058358 EMC Insurance Group Inc. 662,610 670,209 -1.1% 67 033690 Tiptree Inc. 625,826 606,701 3.2% 68 046134 National Western Life Group, Inc. 551,599 874,448 -36.9% 69 050708 Ambac Financial Group Inc 510,661 622,166 -17.9% 70 046190 Heritage Insurance Holdings, Inc. 480,171 406,623 18.1% 71 058060 Kansas City Company 461,032 450,757 2.3% 72 058332 Protective Insurance Corporation 448,512 358,765 25.0% 73 058178 FedNat Holding Company 396,093 391,662 1.1% 74 051075 Hallmark Financial Services, Inc. 379,268 385,521 -1.6% 75 051277 AMERISAFE, Inc. 377,753 375,208 0.7% Data for all companies, including Canadian, are in U.S. dollars. Percent change is based upon local currency. Source: Holding Companies database