5 Best Property and Casualty Insurance Companies Heading into 2024

In this article, we will look into the 5 best property and casualty insurance companies heading into 2024. If you want to read our detailed analysis, you can go directly to the 15 Best Property and Casualty Insurance Companies Heading into 2024.

5. The Allstate Corporation (NYSE:ALL)

Market Cap as of December 12: $37.44 billion

The Allstate Corporation (NYSE:ALL) is a top US insurance company, headquartered in Illinois. The company offers a comprehensive suite of insurance products across segments including property & casualty, auto insurance, life insurance, homeowners insurance, auto Insurance, flood Insurance, general liability, and annuities among others. As of December 12, it boasts a market cap of $37.44 billion.

4. The Travelers Companies, Inc. (NYSE:TRV)

Market Cap as of December 12: $41.65 billion

With an experience of over 165 years, The Travelers Companies, Inc. (NYSE:TRV) is one of the best property and casualty insurance companies in the world. The company offers a wide range of plans from core property and casualty insurance to customized insurance plans. Its property and casualty plans provide general liability, auto, home, property, and tailored solutions. As of December 12, it boasts a market cap of $41.65 billion.

3. Tokio Marine Holdings, Inc. (OTC:TKOMY)

Market Cap as of December 12: $51.41 billion

Tokio Marine Holdings, Inc. (OTC:TKOMY) is a major Japanese insurance company, specializing in property and casualty insurance. The company has been leading the market with its comprehensive set of property and casualty insurance products and services for over the past 100 years. It is ranked among the best property and casualty companies and is valued at %51.41 billion, as of December 12.

2. Chubb Limited (NYSE:CB)

Market Cap as of December 12: $91.58 billion

Chubb Limited (NYSE:CB) is a top insurance company, headquartered in Switzerland and the USA. The company specializes in accident and supplemental health insurance, property & casualty insurance, reinsurance, and life insurance. The company is operating in over 50 countries and jurisdictions all around the world. Chubb Limited (NYSE:CB) offers comprehensive commercial and domestic property and casualty insurance products. As of December 12, the company reports a market cap of $91.58 billion.

1. The Progressive Corporation (NYSE:PGR)

Market Cap as of December 12: $95.61 billion

The Progressive Corporation (NYSE:PGR) tops our list of the best property and casualty companies heading into 2024. It specializes in property and casualty insurance, auto insurance, home insurance, and renters insurance. As of December 12, the company boasts a market cap of $95.61 billion.