CTP Green Slip Insurer Market Share

Market shares by insurer group and by licensed insurer

While there are six licensed insurers in NSW, those licenses are held by four insurance groups.

Suncorp owns GIO and AAMI. Allianz also owns CIC Allianz.

Market share by insurer group

	June 2012	June 2013	June 2014	June 2015	June 2016
NRMA	37.8%	35.3%	34.6%	34.0%	32.5%
Suncorp (GIO and AAMI)	21.5%	21.8%	21.2%	23.8%	27.6%
QBE	16.8%	19.9%	20.3%	21.0%	22.0%
Allianz Group (Allianz and CIC Allianz)	16.8%	16.7%	16.7%	17.2%	17.9%
Zurich*	7.1%	6.2%	7.2%	4.1%	0

* Zurich ceased offering CTP greenslips after 1 March 2016

Market share by licensed insurer until June 2016

	June 2007	June 2008	June 2009	June 2010	June 2011	June 2012
NRMA	35.6%	35.8%	37.3%	36.7%	37.8%	37.8%
Allianz	15.7%	15.6%	14.4%	13.4%	12.9%	12.6%
QBE	10.6%	12.2%	13.6%	17.5%	16.7%	16.8%
AAMI	15.1%	14.7%	12.5%	10.1%	9.0%	8.8%
GIO	8.3%	8.1%	8.8%	10.7%	12.2%	12.7%
Zurich*	6.9%	6.8%	7.2%	6.7%	7.0%	7.1%
CIC Allianz	7.8%	6.8%	6.2%	4.9%	4.4%	4.2%

 

	June 2013	June 2014	June 2015	June 2016
NRMA	35.3%	34.8%	34.0%	32.5%
Allianz	16.7%	12.0%	12.0%	12.2%
QBE	19.9%	21.2%	21.0%	22.0%
AAMI	21.8%	7.8%	10.6%	8.8%
GIO	Inc with AAMI	13.5%	13.2%	18.8%
Zurich*	6.2%	6.3%	4.1%	0
CIC Allianz	Inc with Allianz	4.4%	5.2%	5.7%

* Zurich ceased offering CTP greenslips after 1 March 2016

Market share is shown on the basis of premiums written by each insurer.

The total premium collected (excluding MCIS levy and GST) during the full year to 31 December 2016 was $2.51 billion. This was 11.1% more than $2.26 billion in the previous year.

Sources of data

• Years up to 2013 – Motor Accidents Authority Annual Reports
• 2014 to 2016 – SIRA CTP Scheme Quarterly Report
• 2014 Market share by insurer group – Motor Accidents Authority, Annual Report 2013-2014, Scheme Performance Report, page 44.