Commercial Multiple Peril Insurance, 2012-2021 |
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|
Total ($000) |
Year |
Net premiums
written (1) |
Annual percent
change |
Year |
Net premiums
written (1) |
Annual percent
change |
2012 |
$31,502,689 |
5.0% |
2017 |
$34,190,669 |
0.3% |
2013 |
33,245,146 |
5.5 |
2018 |
37,558,700 |
9.9 |
2014 |
34,375,127 |
3.4 |
2019 |
38,937,896 |
3.7 |
2015 |
34,741,695 |
1.1 |
2020 |
40,995,696 |
5.3 |
2016 |
34,099,664 |
-1.8 |
2021 |
42,256,320 |
3.1 |
|
Nonliability Portion ($000) |
Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
2012 |
$19,513,568 |
4.6% |
113.9 |
-5.1 pts. |
2017 |
$20,673,258 |
-0.8% |
111.8 |
13.6 pts. |
2013 |
21,058,709 |
7.9 |
93.3 |
-20.6 |
2018 |
22,570,966 |
9.2 |
107.7 |
-4.0 |
2014 |
21,983,697 |
4.4 |
96.8 |
3.5 |
2019 |
23,341,478 |
3.4 |
102.8 |
-4.9 |
2015 |
21,478,010 |
-2.3 |
91.6 |
-5.2 |
2020 |
25,606,682 |
9.7 |
111.3 |
8.5 |
2016 |
20,840,849 |
-3.0 |
98.2 |
6.6 |
2021 |
26,434,170 |
3.2 |
110.5 |
-0.8 |
|
Liability Portion ($000) |
Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
2012 |
$11,989,121 |
5.7% |
94.1 |
-7.7 pts. |
2017 |
$13,517,411 |
2.0% |
101.4 |
-4.1 pts. |
2013 |
12,186,437 |
1.6 |
103.8 |
9.7 |
2018 |
14,987,734 |
10.9 |
103.3 |
1.9 |
2014 |
12,391,430 |
1.7 |
103.6 |
-0.2 |
2019 |
15,596,418 |
4.1 |
108.2 |
4.9 |
2015 |
13,263,685 |
7 |
99.2 |
-4.4 |
2020 |
15,389,014 |
-1.3 |
106.2 |
-2.0 |
2016 |
13,258,815 |
(4) |
105.5 |
6.4 |
2021 |
15,822,150 |
2.8 |
101.0 |
-5.2 |
(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 data.
(4) Less than 0.1 percent.
Source: NAIC data, sourced from S&P Global Market Intelligence; Insurance Information Institute. |
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