| PROPERTY/CASUALTY INSURANCE INDUSTRY INCOME ANALYSIS, 2009-2013 (1) |
($ billions)
|
| |
2009 |
2010 |
2011 |
2012 |
2013 |
| Net written premiums |
$418.4 |
$423.8 |
$438.0 |
$456.7 |
$477.7 |
| Percent change |
-3.8% |
1.3% |
3.4% |
4.3% |
4.6% |
| Earned premiums |
$422.3 |
$422.2 |
$434.4 |
$448.9 |
$467.9 |
| Losses incurred |
253.8 |
257.7 |
290.8 |
277.7 |
259.3 |
| Loss adjustment expenses incurred |
52.5 |
52.9 |
53.8 |
55.5 |
55.7 |
| Other underwriting expenses |
117.0 |
119.8 |
124.2 |
128.9 |
134.8 |
| Policyholder dividends |
2.0 |
2.3 |
1.9 |
2.1 |
2.5 |
| Underwriting gain/loss |
-3.0 |
-10.5 |
-36.2 |
-15.4 |
15.5 |
| Net investment income |
47.1 |
47.6 |
49.2 |
48.0 |
47.4 |
| Miscellaneous income/loss |
0.9 |
1.1 |
2.5 |
2.4 |
1.5 |
| Operating income/loss |
45.0 |
38.2 |
15.4 |
35.0 |
64.3 |
| Realized capital gain/loss |
-7.9 |
5.9 |
7.0 |
6.2 |
11.4 |
| Federal and foreign income tax |
8.4 |
8.8 |
3.0 |
6.1 |
12.0 |
| Net income after taxes |
28.7 |
35.2 |
19.5 |
35.1 |
63.8 |
(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. |
|