Fire Insurance, 2012-2021 |
($000)
|
Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
2012 |
$10,795,612 |
4.6% |
87.4 |
-6.7 pts. |
2013 |
11,229,431 |
4.0 |
79.1 |
-8.3 |
2014 |
11,501,516 |
2.4 |
86.0 |
6.9 |
2015 |
11,417,751 |
-0.7 |
84.9 |
-1.1 |
2016 |
11,005,907 |
-3.6 |
92.0 |
7.2 |
2017 |
10,688,228 |
-2.9 |
118.6 |
26.6 |
2018 |
11,622,617 |
8.7 |
111.4 |
-7.2 |
2019 |
11,935,179 |
2.7 |
95.9 |
-15.5 |
2020 |
13,196,751 |
10.6 |
104.5 |
8.6 |
2021 |
14,767,762 |
11.9 |
107.5 |
3.0 |
(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.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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