| Net Premiums Written By Line, Property/Casualty Insurance 2013-2015 (1) |
($ millions)
|
| |
|
|
|
Percent change from
prior year |
|
| Lines of insurance |
2013 |
2014 |
2015 |
2013 |
2014 |
2015 |
Percent of
total, 2015 |
| Private passenger auto |
$174,899.0 |
$183,451.5 |
$192,782.5 |
4.1% |
4.9% |
5.1% |
37.1% |
| Liability |
107,446.4 |
112,354.9 |
116,298.9 |
3.9 |
4.6 |
3.5 |
22.4 |
| Collision and comprehensive |
67,452.7 |
71,096.6 |
76,483.6 |
4.4 |
5.4 |
7.6 |
14.7 |
| Commercial auto |
23,891.4 |
25,694.2 |
27,622.0 |
8.2 |
7.5 |
7.5 |
5.3 |
| Liability |
18,355.1 |
19,570.6 |
20,897.1 |
8.1 |
6.6 |
6.8 |
4.0 |
| Collision and comprehensive |
5,536.3 |
6,123.6 |
6,724.9 |
8.6 |
10.6 |
9.8 |
1.3 |
| Fire |
11,229.4 |
11,501.5 |
11,414.8 |
4.0 |
2.4 |
-0.8 |
2.2 |
| Allied lines |
9,251.9 |
9,209.8 |
9,119.6 |
13.4 |
-0.5 |
-1.0 |
1.8 |
| Crop (2) |
4,942.5 |
4,772.6 |
4,265.4 |
-7.1 |
-3.4 |
-10.6 |
0.8 |
| Federal flood (3) |
5.1 |
8.5 |
3.0 |
1,110.43 |
67.3 |
-64.8 |
(4) |
| Farmowners multiple peril |
3,511.7 |
3,628.1 |
3,762.6 |
7.1 |
3.3 |
3.7 |
0.7 |
| Homeowners multiple peril |
72,773.2 |
77,914.4 |
79,931.1 |
7.3 |
7.1 |
2.6 |
15.4 |
| Commercial multiple peril |
33,245.1 |
34,375.1 |
34,741.5 |
5.5 |
3.4 |
1.1 |
6.7 |
| Mortgage guaranty |
4,329.9 |
4,180.0 |
4,681.9 |
9.2 |
-3.5 |
12.0 |
0.9 |
| Ocean marine |
2,863.5 |
2,910.4 |
2,831.6 |
5.9 |
1.6 |
-2.7 |
0.5 |
| Inland marine |
10,147.9 |
10,990.0 |
11,417.3 |
5.7 |
8.3 |
3.9 |
2.2 |
| Financial guaranty |
710.5 |
488.5 |
418.8 |
2.6 |
-31.2 |
-14.3 |
0.1 |
| Medical malpractice |
8,531.2 |
8,475.5 |
8,201.4 |
-2.1 |
-0.7 |
-3.2 |
1.6 |
| Earthquake |
1,587.0 |
1,641.8 |
1,650.2 |
-0.4 |
3.5 |
0.5 |
0.3 |
| Accident and health (5) |
7,538.6 |
7,731.8 |
7,819.2 |
-5.1 |
2.6 |
1.1 |
1.5 |
| Workers compensation |
41,147.2 |
43,546.7 |
45,090.5 |
6.2 |
5.8 |
3.5 |
8.7 |
| Excess workers compensation |
844.1 |
920.2 |
924.3 |
3.5 |
9.0 |
0.4 |
0.2 |
| Product liability |
2,718.9 |
2,674.2 |
2,796.8 |
5.6 |
-1.6 |
4.6 |
0.5 |
| Other liability (6) |
42,075.3 |
44,181.3 |
45,585.3 |
9.8 |
5.0 |
3.2 |
8.8 |
| Aircraft |
1,067.7 |
1,005.7 |
929.0 |
-8.0 |
-5.8 |
-7.6 |
0.2 |
| Fidelity |
1,124.2 |
1,165.3 |
1,161.4 |
2.5 |
3.7 |
-0.3 |
0.2 |
| Surety |
4,868.8 |
5,000.4 |
5,139.9 |
3.7 |
2.7 |
2.8 |
1.0 |
| Burglary and theft |
207.2 |
226.2 |
230.4 |
-6.2 |
9.2 |
1.8 |
(4) |
| Boiler and machinery |
1,979.5 |
1,999.0 |
1,682.1 |
4.9 |
1.0 |
-15.9 |
0.3 |
| Credit |
1,167.3 |
1,191.0 |
1,070.0 |
-19.9 |
2.0 |
-10.2 |
0.2 |
| Warranty |
1,155.3 |
1,020.2 |
1,017.8 |
-16.7 |
-11.7 |
-0.2 |
0.2 |
| International |
113.2 |
125.1 |
82.0 |
6.9 |
10.6 |
-34.4 |
(4) |
| Reinsurance (7) |
12,458.6 |
11,532.9 |
12,411.4 |
-15.1 |
-7.4 |
7.6 |
2.4 |
| Other lines (8) |
1,132.4 |
1,073.0 |
1,064.7 |
2.9 |
-5.2 |
-0.8 |
0.2 |
| Total, all lines (9) |
$481,518.0 |
$502,635.3 |
$519,848.6 |
4.6% |
4.4% |
3.4% |
100.0% |
(1) After reinsurance transactions, excludes state funds.
(2) Includes federally sponsored multiple peril crop and crop-hail provided by the private market.
(3) Excludes flood insurance provided by the National Flood Insurance Program through participating private insurers.
(4) Less than 0.1 percent.
(5) Premiums from certain insurers that write health insurance but file financial statements with state regulators on a property/casualty basis.
(6) Coverages protecting against legal liability resulting from negligence, carelessness or failure to act.
(7) Only includes nonproportional reinsurance, an arrangement in which a reinsurer makes payments to an insurer whose losses exceed a predetermined amount.
(8) Includes miscellaneous coverages.
(9) May not match total premiums shown elsewhere in this book because of the use of different exhibits from S&P Global Market Intelligence.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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