Net Premiums Written And Combined Ratio, Property/Casualty Insurance, 2012-2021 |
($ billions)
|
Year |
Net
premiums
written (1) |
Annual
percent
change |
Combined
ratio after
dividends (2) |
Annual
point
change (3) |
Year |
Net
premiums
written (1) |
Annual
percent
change |
Combined
ratio after
dividends (2) |
Annual
point
change (3) |
2012 |
$460.7 |
4.3% |
103.2 |
-5.2 pts. |
2017 |
$558.3 |
4.6% |
103.8 |
3.0 pts. |
2013 |
481.5 |
4.5 |
96.4 |
-6.8 |
2018 |
618.1 |
10.7 |
99.3 |
-4.5 |
2014 |
502.8 |
4.4 |
97.2 |
0.8 |
2019 |
639.7 |
3.5 |
98.9 |
-0.3 |
2015 |
520.1 |
3.4 |
97.9 |
0.8 |
2020 |
655.6 |
2.5 |
98.8 |
-0.2 |
2016 |
533.8 |
2.6 |
100.8 |
2.8 |
2021 |
715.4 |
9.1 |
99.7 |
0.9 |
(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. |
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