| Net Premiums Written By Line, Property/Casualty Insurance 2014-2016 (1) |
($ millions)
|
| |
|
|
|
Percent change from
prior year |
|
| Lines of insurance |
2014 |
2015 |
2016 |
2014 |
2015 |
2016 |
Percent of
total, 2016 |
| Private passenger auto |
$183,451.5 |
$192,792.2 |
$207,357.8 |
4.9% |
5.1% |
7.6% |
38.9% |
| Liability |
112,354.9 |
116,305.8 |
124,427.6 |
4.6 |
3.5 |
7.0 |
23.3 |
| Collision and comprehensive |
71,096.6 |
76,486.4 |
82,930.3 |
5.4 |
7.6 |
8.4 |
15.5 |
| Homeowners multiple peril |
77,914.4 |
79,931.3 |
81,191.5 |
7.1 |
2.6 |
1.6 |
15.2 |
| Workers compensation |
43,753.9 |
45,355.1 |
45,604.4 |
6.3 |
3.7 |
0.5 |
8.5 |
| Other liability (2) |
44,181.3 |
45,585.8 |
44,589.4 |
5.0 |
3.2 |
-2.2 |
8.4 |
| Commercial multiple peril |
34,375.1 |
34,741.7 |
33,873.0 |
3.4 |
1.1 |
-2.5 |
6.3 |
| Commercial auto |
25,694.2 |
27,640.1 |
28,256.3 |
7.5 |
7.6 |
2.2 |
5.3 |
| Liability |
19,570.6 |
20,915.0 |
21,310.6 |
6.6 |
6.9 |
1.9 |
4.0 |
| Collision and comprehensive |
6,123.6 |
6,725.1 |
6,945.7 |
10.6 |
9.8 |
3.3 |
1.3 |
| Reinsurance (3) |
11,532.9 |
12,411.4 |
11,600.0 |
-7.4 |
7.6 |
-6.5 |
2.2 |
| Inland marine |
10,990.0 |
11,417.3 |
11,407.3 |
8.3 |
3.9 |
-0.1 |
2.1 |
| Fire |
11,501.5 |
11,417.8 |
11,005.0 |
2.4 |
-0.7 |
-3.6 |
2.1 |
| Allied lines |
9,209.8 |
9,119.7 |
9,756.6 |
-0.5 |
-1.0 |
7.0 |
1.8 |
| Accident and health (4) |
7,731.8 |
7,819.2 |
8,302.7 |
2.6 |
1.1 |
6.2 |
1.6 |
| Medical malpractice |
8,475.5 |
8,201.4 |
8,194.6 |
-0.7 |
-3.2 |
-0.1 |
1.5 |
| Surety |
5,000.4 |
5,139.9 |
5,138.4 |
2.7 |
2.8 |
(6) |
1.0 |
| Mortgage guaranty |
4,180.0 |
4,681.9 |
4,410.8 |
-3.5 |
12.0 |
-5.8 |
0.8 |
| Farmowners multiple peril |
3,628.1 |
3,762.5 |
3,802.2 |
3.3 |
3.7 |
1.1 |
0.7 |
| Multiple peril crop |
4,189.8 |
3,680.8 |
3,321.3 |
-15.2 |
-12.1 |
-9.8 |
0.6 |
| Ocean marine |
2,910.4 |
2,831.6 |
2,549.6 |
1.6 |
-2.7 |
-10.0 |
0.5 |
| Product liability |
2,674.2 |
2,796.8 |
2,422.6 |
-1.6 |
4.6 |
-13.4 |
0.5 |
| Boiler and machinery |
1,999.0 |
1,682.1 |
1,892.2 |
1.0 |
-15.9 |
12.5 |
0.4 |
| Earthquake |
1,641.8 |
1,649.8 |
1,533.9 |
3.5 |
0.5 |
-7.0 |
0.3 |
| Credit |
1,191.0 |
1,070.0 |
1,118.6 |
2.0 |
-10.2 |
4.5 |
0.2 |
| Fidelity |
1,165.3 |
1,161.4 |
1,093.9 |
3.7 |
-0.3 |
-5.8 |
0.2 |
| Warranty |
1,020.2 |
1,017.8 |
930.2 |
-11.7 |
-0.2 |
-8.6 |
0.2 |
| Other lines (5) |
1,073.0 |
1,064.7 |
914.8 |
-5.2 |
-0.8 |
-14.1 |
0.2 |
| Excess workers compensation |
920.2 |
929.4 |
889.2 |
9.0 |
1.0 |
-4.3 |
0.2 |
| Aircraft |
1,005.7 |
929.0 |
871.9 |
-5.8 |
-7.6 |
-6.1 |
0.2 |
| Private crop |
582.8 |
584.6 |
455.4 |
NA |
0.3 |
-22.1 |
0.1 |
| Financial guaranty |
488.5 |
418.8 |
364.5 |
-31.2 |
-14.3 |
-13.0 |
0.1 |
| Burglary and theft |
226.2 |
230.8 |
255.5 |
9.2 |
2.0 |
10.7 |
(6) |
| International |
125.1 |
82.0 |
82.6 |
10.6 |
-34.4 |
0.8 |
(6) |
| Federal flood (7) |
8.5 |
3.0 |
4.3 |
67.3 |
-64.8 |
43.3 |
(6) |
| Total, all lines (8) |
$502,842.5 |
$520,149.8 |
$533,468.4 |
4.5% |
4.4% |
3.4% |
100.0% |
(1) Ranked by 2016 net premiums written. After reinsurance transactions, excludes state funds.
(2) Coverages protecting against legal liability resulting from negligence, carelessness or failure to act.
(3) Only includes nonproportional reinsurance, an arrangement in which a reinsurer makes payments to an insurer whose losses exceed a predetermined amount.
(4) Premiums from certain insurers that write health insurance but file financial statements with state regulators on a property/casualty basis.
(5) Includes miscellaneous coverages.
(6) Less than 0.1 percent.
(7) Provided by FEMA through participating private insurers.
(8) May not match total premiums shown elsewhere because of the use of different exhibits from S&P Global Market Intelligence.
NA=Not applicable.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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