| Operating Results, Property/Casualty Insurance, 2014-2023 (1) |
($ millions)
|
| |
Net underwriting
gain/loss |
Net investment
income earned |
Net realized
capital gains/losses |
Policyholder
dividends |
Taxes (2) |
Net income
after taxes (3) |
| 2014 |
$14,247 |
$54,928 |
$11,765 |
$2,943 |
$10,396 |
$64,711 |
| 2015 |
11,163 |
48,924 |
9,580 |
3,017 |
10,199 |
58,012 |
| 2016 |
-2,394 |
48,144 |
8,058 |
2,944 |
7,321 |
44,557 |
| 2017 |
-20,599 |
50,521 |
19,058 |
3,309 |
-690 |
40,875 |
| 2018 |
3,097 |
56,981 |
10,699 |
3,710 |
7,269 |
61,115 |
| 2019 |
7,893 |
56,508 |
11,003 |
4,885 |
8,519 |
63,380 |
| 2020 |
12,066 |
53,469 |
10,677 |
7,676 |
8,696 |
61,254 |
| 2021 |
-407 |
56,068 |
17,496 |
4,639 |
9,091 |
63,014 |
| 2022 |
-22,393 |
71,472 |
-3,900 |
3,313 |
6,086 |
37,871 |
| 2023 |
-20,184 |
72,639 |
48,157 |
3,606 |
10,977 |
87,118 |
(1) Excludes state funds.
(2) Includes federal and foreign taxes.
(3) Does not equal the sum of the columns shown due to the omission of miscellaneous income.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
|