Incurred Losses For Auto Insurance, 2017-2021 (1) |
($000)
|
|
2017 |
2018 |
2019 |
2020 |
2021 |
Private passenger auto |
|
|
|
|
|
Liability |
$90,495,835 |
$91,736,331 |
$96,183,910 |
$81,622,205 |
$96,104,094 |
Physical damage |
57,052,411 |
58,766,743 |
62,636,230 |
54,684,358 |
73,846,463 |
Commercial auto |
|
|
|
|
|
Liability |
15,528,570 |
17,810,709 |
20,402,267 |
19,315,713 |
21,110,314 |
Physical damage |
4,874,748 |
$4,999,100 |
5,395,145 |
4,813,714 |
5,766,122 |
Total |
$167,951,564 |
$173,312,883 |
$184,617,552 |
$160,435,990 |
$196,826,993 |
(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, Insurance Information Institute. |
|