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Consolidated Assets and Policyholders' Surplus, P/C Insurance, 2014-2023

($ millions)

Year Net admitted assets Annual percent change Statutory liabilities Annual percent change Policyholders' surplus Annual percent change Total net premiums written (1) Annual percent change (1)
2014 1,737,141 3.2% 1,046,792 3.0% 690,349 3.4% 503,090 4.4%
2015 1,749,491 0.7 1,057,843 1.1 691,648 0.2 520,613 3.5
2016 1,811,796 3.6 1,096,758 3.7 715,039 3.4 534,003 2.6
2017 1,923,124 6.1 1,155,729 5.4 767,392 7.3 558,473 4.6
2018 1,941,538 1.0 1,182,589 2.3 758,949 -1.1 618,333 10.7
2019 2,116,463 9.0 1,249,518 5.7 866,945 14.2 639,859 3.5
2020 2,265,830 7.1 1,335,864 6.9 929,967 7.3 655,777 2.5
2021 2,504,269 10.5 1,451,116 8.6 1,053,153 13.2 715,677 9.1
2022 2,506,121 0.1 1,523,889 5.0 982,232 -6.7 778,235 8.7
2023 2,680,880 7.0 1,637,637 7.5 1,043,243 6.2 857,773 10.2
(1) After reinsurance transactions, excludes state funds. Source: NAIC data, sourced from S&P Global Market Intelligence: Core Financial Pages, Insurance Information Institute.