| Net Premiums Written And Combined Ratio, Property/Casualty Insurance, 2014-2023 |
($ billions)
|
| Year |
Net
premiums
written (1) |
Annual
percent
change |
Combined
ratio after
dividends (2) |
Annual
point
change (3) |
Year |
Net
premiums
written (1) |
Annual
percent
change |
Combined
ratio after
dividends (2) |
Annual
point
change (3) |
| 2014 |
$502.8 |
4.3% |
97.2 |
0.9% |
2019 |
$639.5 |
3.4% |
99.0 |
-0.3% |
| 2015 |
520.5 |
3.5 |
98.0 |
0.8 |
2020 |
655.5 |
2.5 |
98.8 |
-0.2 |
| 2016 |
534.0 |
2.6 |
100.8 |
2.9 |
2021 |
716.1 |
9.2 |
99.7 |
0.9 |
| 2017 |
558.4 |
4.6 |
103.9 |
3.1 |
2022 |
776.8 |
8.5 |
102.7 |
3.0 |
| 2018 |
618.3 |
10.7 |
99.3 |
-4.4 |
2023 |
857.4 |
10.4 |
101.8 |
-0.9 |
(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: Financial Highlights Pages, Insurance Information Institute. |
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