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Directory · South Dakota · Financial guaranty

Who writes financial guaranty in South Dakota

Ranked by direct premium written in 2025 from the South Dakota market share report (every company, not a top-N list).

1 companies wrote financial guaranty in South Dakota in 2025, $76,188 in direct premium. Build America Mutual Assurance Company led with 100.0%; the top five hold 100%.

By Sam Alishahi, independent insurance broker · All lines in South Dakota

Top 10 · NAIC table: 10 - Financial Guaranty

The insurer groups that write the most financial guaranty in South Dakota

Top 10 insurer groups by direct premium written in 2025, from the NAIC's Market Share Reports for Property/Casualty Groups and Companies by State. A group is the parent and its insurance companies together; share is the group's part of the state total for the line; loss ratio is losses incurred over premium earned.

#Insurer groupPremium writtenShareLoss ratioMember companies here
1Build America Mutual Assurance Company$76,000100.00%0%—
Financial guaranty · South Dakota

The companies

#CompanyNAICHome stateStatus herePremiumShare
1Build America Mutual Assurance Company14380NYAdmitted (licensed)$76,188100.00%
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Last resort for financial guaranty in South Dakota

Last resortLinesWhereHow to get in
Surplus lines and Lloyd's open marketallall states, under each state's diligent-search rulesThrough surplus lines wholesalers; commercial property and liability have no guaranteed plan, so this is their last stepSource

Method and source

Source: the South Dakota insurance regulator company list, read 2026-10-18. SD publishes no licensing roster. This is the SD Division of Insurance market share report set for 2025 (NAIC i-site, CodeList Basis: Licensed): every licensed company that reported SD direct premium on its 2025 annual statement, so licensed companies with no SD premium are absent. type = statement type of the total report(s) the company appears in (Property & Casualty / Life / Health / Title; Life covers both the Life & Annuity and the Life A&H totals). lines = SD per-line reports in which the company wrote direct premium > 0, named as the report headers name them (P&C lines plus the A&H lines filed on P&C/Life statements). Farm mutuals sheet (no NAIC codes) and the 'all statement types' aggregates skipped. No surplus lines eligibility list is published by SD (surplus lines filings go through the SLIP+ clearinghouse). 1 company(ies) found only in a per-line report, not in any total, left out: 38920 Kinsale Ins Co (Aircraft - All Perils). "Premium" is direct premium written in the state for the year shown; "share" is that company's part of the state total for the line. A company can be licensed for a line and write none of it, and a surplus lines insurer can write a line without a state license for it.

Open to use. Cite "Alishahi Insurance insurance company directory" and link here. CSV · JSON.

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