| Financial Guaranty Insurance, 2014-2023 |
($000)
|
| Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2014 |
$488,482 |
-31.2% |
91.3 |
94.7 pts. |
| 2015 |
418,792 |
-14.3 |
99.0 |
7.8 |
| 2016 |
364,531 |
-13.0 |
177.6 |
78.6 |
| 2017 |
420,844 |
15.4 |
318.7 |
141.1 |
| 2018 |
364,313 |
-13.4 |
130.5 |
-188.3 |
| 2019 |
391,160 |
7.4 |
181.6 |
51.1 |
| 2020 |
448,456 |
14.6 |
246.2 |
64.6 |
| 2021 |
372,543 |
-16.9 |
47.0 |
-199.2 |
| 2022 |
332,216 |
-10.8 |
105.1 |
58.1 |
| 2023 |
291,859 |
-12.1 |
275.9 |
170.8 |
(1) After reinsurance transactions, excludes state funds.
(2) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(3) Calculated from unrounded data.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
|