Net Premiums Written And Combined Ratio, Property/Casualty Insurance, 2013-2022 |
($ 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) |
2013 |
$481.8 |
4.5% |
96.35 |
-6.8 pts. |
2018 |
$618.3 |
10.7% |
99.26 |
-4.5 pts. |
2014 |
503.1 |
4.4 |
97.19 |
0.8 |
2019 |
639.9 |
3.5 |
98.99 |
-0.3 |
2015 |
520.6 |
3.5 |
97.94 |
0.8 |
2020 |
655.8 |
2.5 |
98.77 |
-0.2 |
2016 |
534.0 |
2.6 |
100.76 |
2.8 |
2021 |
715.7 |
9.1 |
99.72 |
0.9 |
2017 |
558.5 |
4.6 |
103.77 |
3.0 |
2022 |
724.7 |
1.3 |
102.41 |
2.7 |
(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. |
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