| PROPERTY/CASUALTY INSURANCE INDUSTRY INCOME ANALYSIS, 2008-2012 (1) |
($ billions)
|
| |
2008 |
2009 |
2010 |
2011 |
2012 |
| Net written premiums |
$434.9 |
$418.4 |
$423.8 |
$438.0 |
$457.0 |
| Percent change |
-1.3% |
-3.8% |
1.3% |
3.4% |
4.3% |
| Earned premiums |
$438.3 |
$422.3 |
$422.2 |
$434.4 |
$449.4 |
| Losses incurred |
286.3 |
253.8 |
257.7 |
290.8 |
279.4 |
| Loss adjustment expenses incurred |
51.7 |
52.5 |
52.9 |
53.8 |
55.6 |
| Other underwriting expenses |
119.6 |
117.0 |
119.8 |
124.2 |
129.0 |
| Policyholder dividends |
2.0 |
2.0 |
2.3 |
1.9 |
2.1 |
| Underwriting gain/loss |
-21.2 |
-3.0 |
-10.5 |
-36.2 |
-16.7 |
| Investment income |
51.5 |
47.1 |
47.6 |
49.2 |
47.7 |
| Miscellaneous income/loss |
0.4 |
0.9 |
1.1 |
2.5 |
2.3 |
| Operating income/loss |
30.6 |
45.0 |
38.2 |
15.4 |
33.3 |
| Realized capital gain/loss |
-19.8 |
-7.9 |
5.9 |
7.0 |
6.2 |
| Income taxes/credit |
7.8 |
8.4 |
8.8 |
3.0 |
6.0 |
| Net income after taxes |
3.0 |
28.7 |
35.2 |
19.5 |
33.5 |
(1) Data in this chart exclude state funds and other residual market insurers and may not agree with similar data shown elsewhere from different sources.
Source: ISO, a Verisk Analytics company. |
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