COVID-19 has rocked industries and companies of all types and sizes, but even before the pandemic gripped hold of the world, insurance businesses faced a number of threats to their growth projections. Ultra-low interest rates, surging levels of unemployment, and logistical challenges in sales and underwriting associated with stay-at-home restrictions have presented new risks to business plans, according to S&P Global Market Intelligence. In a new report, S&P identifies the top U.S.-based insurance groups that overcame all of these business risks, revealing the 10 fastest-growing U.S. P&C insurers in 2019, ranked by year-over-year growth in direct premiums written. The report also details each insurer's 2019 total in direct premiums written. S&P notes that the three fastest-growing P&C companies in 2019 were entities that began operating in their current form in 2018. Five of the top 10 companies ranked on S&P's list produced direct premiums written growth of more than 300% in 2019. For the year, the industry saw the direct premiums written volume increase by 4.5%. In the slideshow above, discover the 10 fastest-growing U.S. P&C insurers in 2019, ranked by year-over-year growth in direct premiums written. Related: |

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