| Other Liability Insurance, 2014-2023 |
($000)
|
| Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2014 |
$44,181,272 |
5.0% |
96.6 |
-0.2 pts. |
| 2015 |
45,585,794 |
3.2 |
101.6 |
5.0 |
| 2016 |
44,591,885 |
-2.2 |
110.8 |
9.2 |
| 2017 |
46,676,454 |
4.7 |
100.8 |
-9.9 |
| 2018 |
58,590,945 |
25.5 |
100.1 |
-0.8 |
| 2019 |
60,546,948 |
3.3 |
105.5 |
5.4 |
| 2020 |
69,433,248 |
14.7 |
106.0 |
0.4 |
| 2021 |
84,205,197 |
21.3 |
97.1 |
-8.9 |
| 2022 |
94,278,632 |
12.0 |
96.7 |
-0.4 |
| 2023 |
95,611,730 |
1.4 |
100.1 |
3.4 |
(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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