| Property/Casualty Insurance Industry Income Analysis, 2012-2016 (1) |
($ billions)
|
| |
2012 |
2013 |
2014 |
2015 |
2016 |
| Net premiums written |
$456.7 |
$477.0 |
$497.0 |
$514.4 |
$528.2 |
| Percent change |
4.3% |
4.4% |
4.2% |
3.5% |
2.7% |
| Premiums earned |
$448.9 |
$467.4 |
$487.9 |
$506.0 |
$523.5 |
| Losses incurred |
277.7 |
259.4 |
277.7 |
290.7 |
318.0 |
| Loss adjustment expenses incurred |
55.5 |
55.6 |
57.3 |
59.6 |
60.3 |
| Other underwriting expenses |
128.9 |
134.6 |
138.3 |
144.3 |
147.6 |
| Policyholder dividends |
2.1 |
2.5 |
2.4 |
2.5 |
2.3 |
| Net underwriting gain/loss |
-15.4 |
15.2 |
12.2 |
8.9 |
-4.7 |
| Net investment income |
48.0 |
47.3 |
46.4 |
47.2 |
46.3 |
| Miscellaneous income/loss |
2.4 |
1.5 |
-2.7 |
1.5 |
1.0 |
| Operating income |
35.0 |
64.1 |
55.9 |
57.7 |
42.6 |
| Realized capital gain |
6.2 |
11.4 |
10.3 |
9.4 |
7.3 |
| Federal and foreign income tax |
6.1 |
12.0 |
10.3 |
10.2 |
7.3 |
| Net income after taxes |
35.1 |
63.4 |
55.9 |
56.8 |
42.6 |
(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庐, a Verisk Analytics庐 business. |
|