| Inland Marine Insurance, 2009-2018 |
($000)
|
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2009 |
$8,686,660 |
-7.7% |
89.2 |
-3.5 pts. |
| 2010 |
8,527,512 |
-1.8 |
86.0 |
-3.2 |
| 2011 |
8,768,829 |
2.8 |
97.6 |
11.6 |
| 2012 |
9,603,749 |
9.5 |
95.9 |
-1.7 |
| 2013 |
10,147,908 |
5.7 |
83.6 |
-12.4 |
| 2014 |
10,990,045 |
8.3 |
83.3 |
-0.2 |
| 2015 |
11,417,332 |
3.9 |
83.8 |
0.4 |
| 2016 |
11,407,517 |
-0.1 |
83.4 |
-0.3 |
| 2017 |
11,973,636 |
5.0 |
90.0 |
6.5 |
| 2018 |
14,588,257 |
21.8 |
86.3 |
-3.7 |
(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. |
|