| Incurred Losses For Auto Insurance, 2012-2016 (1) |
($000)
|
| |
2012 |
2013 |
2014 |
2015 |
2016 |
| Private passenger auto |
|
|
|
|
|
| Liability |
$65,135,976 |
$67,879,783 |
$72,050,778 |
$79,098,617 |
$88,242,895 |
| Physical damage |
41,275,620 |
41,754,861 |
45,308,112 |
48,564,511 |
55,737,404 |
| Commercial auto |
|
|
|
|
|
| Liability |
10,515,806 |
11,305,714 |
11,939,881 |
13,587,152 |
14,983,039 |
| Physical damage |
3,250,740 |
3,255,570 |
3,645,335 |
3,902,124 |
4,275,518 |
| Total |
$120,178,142 |
$124,195,928 |
$132,944,106 |
$145,152,404 |
$163,238,856 |
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period on a direct basis before reinsurance.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
|