Homeowners Multiple Peril Insurance, 2007-2016 |
($000)
|
Year |
Net premiums
written (1) |
Annual percent
change |
Combined
Ratio (2) |
Annual point
change (3) |
2007 |
$57,053,137 |
2.2% |
93.9 |
4.4 |
2008 |
57,375,139 |
0.6% |
115.4 |
21.5 |
2009 |
58,478,195 |
1.9% |
105.7 |
-9.7 |
2010 |
61,659,466 |
5.4% |
106.0 |
0.3 |
2011 |
64,131,058 |
4.0% |
121.0 |
15.0 |
2012 |
67,847,033 |
5.8% |
103.0 |
-18.1 |
2013 |
72,773,216 |
7.3% |
89.6 |
-13.4 |
2014 |
77,914,406 |
7.1% |
91.6 |
2.0 |
2015 |
79,931,345 |
2.6% |
91.3 |
-0.3 |
2016 |
81,191,455 |
1.6% |
93.1 |
1.9 |
(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 numbers.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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