| Homeowners Multiple Peril Insurance, 2014-2023 |
($000)
|
| Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2014 |
$77,914,406 |
7.1% |
91.5 |
2.0 pts. |
| 2015 |
79,931,345 |
2.6 |
91.3 |
-0.3 |
| 2016 |
81,191,458 |
1.6 |
93.1 |
1.9 |
| 2017 |
82,811,413 |
2.0 |
108.1 |
15.0 |
| 2018 |
88,938,451 |
7.4 |
103.0 |
-5.1 |
| 2019 |
92,902,143 |
4.5 |
97.9 |
-5.1 |
| 2020 |
97,023,428 |
4.4 |
105.9 |
8.0 |
| 2021 |
104,257,190 |
7.5 |
104.4 |
-1.5 |
| 2022 |
115,202,844 |
10.5 |
104.1 |
-0.3 |
| 2023 |
129,656,600 |
12.5 |
111.1 |
7.0 |
(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. |
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