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AM BEST DATA- USED WITH PERMISSION
KANSAS P & C MARKETPLACE REPORT
2025 ANNUAL OVERVIEW from data compiled by Paul Buse, RISC
Members now have access to the 2025 Kansas Annual P & C Marketplace Summary and you should have received a hard copy full report which was mailed to members. The highlights key developments in the state ' s insurance sector, offering insights into premium growth, market share, and loss ratio performance. We did want to share a few key highlevel insights.
Kansas recorded $ 10.2 billion in direct written premiums, representing roughly 1 % of the national P & C market and placing the state 31st in overall premium volume. On a per capita basis, Kansas ranks 12th nationally for combined P & C premiums, 20th for personal lines, and 32nd for commercial lines. For agricultural lines, Kansas ranks 5th.
Independent agents continue to write the majority of P & C premiums in the Kansas market, writing nearly 58 % of all premiums, totaling around $ 6 billion. Market share is especially evident in crop insurance,
where they account for over 92 % of all premiums written.
Premium growth in 2024 reached 6.8 %, which is slower than both the state ' s five-year average of 9.4 % and the national average of 9.6 %. Surplus lines saw a modest increase, rising to 4.8 % of total premiums, though still well below the U. S. average of 9.7 %.
Loss ratio performance was mixed. Improvements were noted in farmowners multi-peril, commercial multi-peril, and personal auto lines. However, the homeowners segment experienced a 10 % increase in loss ratio, significantly above historical averages. Commercial auto also saw a spike, reaching a fiveyear high of 67 %, while other liability lines, including general and professional liability, reported substantial increases.
The following is some other information from the marketplace report:
10 KANSAS INSURANCE AGENT & BROKER