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CTP Green Slip Insurer Market Share

Market shares by insurer group and by licensed insurer

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

Suncorp owns GIO and AAMI. Allianz also owns CIC Allianz, which ceased offering CTP from 15 January 2019.

Market share by insurer group

   June 2012 June 2013  June 2014   June 2015  June 2016 June 2017
June 2018
NRMA   37.8% 35.3% 34.6% 34.0% 32.5% 31.0% 31.0%
Suncorp (GIO and AAMI)  21.5% 21.8%  21.2%  23.8%  27.6% 24.5% 26.0%
QBE 16.8% 19.9% 20.3% 21.0% 22.0% 25.0% 24.0%
Allianz Group (Allianz and CIC Allianz*)  16.8% 16.7%  16.7% 17.2%  17.9% 18.0% 19.0%
Zurich*  7.1% 6.2%  7.2% 4.1%  0 0 0

* Zurich ceased offering CTP greenslips after 1 March 2016. CIC Allianz ceased offering CTP insurance from 15 January 2019.

Market share by licensed insurer until June 2018

  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 June 2017
June 2018
NRMA  35.3% 34.8% 34.0%  32.5% 31.0% 31.0%
Allianz 16.7% 12.0% 12.0% 12.2% 12.0% 19.0%
QBE 19.9% 21.2% 21.0%  22.0% 25.0% 24.0%
AAMI 21.8% 7.8% 10.6%  8.8% 7.5% 26.0%
GIO Inc with AAMI 13.5% 13.2%  18.8% 17.0% inc with AAMI
Zurich* 6.2% 6.3% 4.1%  0 0 0
CIC Allianz   Inc with Allianz 4.4% 5.2%  5.7% 6.0% inc with Allianz

* Zurich ceased offering CTP greenslips after 1 March 2016. CIC Allianz ceased offering CTP insurance from 15 January 2019.

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

The total premium collected (excluding fund levy and GST) year ending June 2018 was $2.3 billion.

Sources of data

  • Years up to 2013 – Motor Accidents Authority Annual Reports
  • 2014 – Motor Accidents Authority, Annual Report 2013-2014, Scheme Performance Report, page 44
  • 2014 to 2018 – SIRA CTP/Green Slip Scheme Quarterly Reports/Insights.

Insurers - more info

AAMI >

Contact details to help you purchase AAMI green slips. read more

Allianz >

Contact details to help you purchase Allianz greenslips. read more

CIC Allianz >

Contact details to help you purchase CIC Allianz green slips. read more

GIO >

Contact details to help you purchase GIO greenslips. read more

NRMA Insurance >

Contact details to help you purchase NRMA Insurance greenslips. read more

QBE >

Contact details to help you purchase a QBE greenslip. read more

Comprehensive insurance >

The difference between CTP and comprehensive insurance. read more

Insurer details >

Contact details for each of the CTP insurers in NSW. read more