Incurred Losses For Auto Insurance, 2014-2018 (1) |
($000)
|
|
2014 |
2015 |
2016 |
2017 |
2018 |
Private passenger auto |
|
|
|
|
|
Liability |
$72,008,280 |
$79,098,617 |
$88,249,238 |
$90,495,835 |
$91,726,649 |
Physical damage |
45,301,757 |
48,564,511 |
55,738,221 |
57,052,411 |
58,763,318 |
Commercial auto |
|
|
|
|
|
Liability |
11,957,182 |
13,587,152 |
14,987,073 |
15,528,570 |
17,774,673 |
Physical damage |
3,645,335 |
3,902,124 |
4,279,414 |
4,874,748 |
4,993,846 |
Total |
$132,912,554 |
$145,152,404 |
$163,253,946 |
$167,951,564 |
$173,258,486 |
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.
Source: NAIC data, sourced from S&P Global Market Intelligence. |
|