| Components Of The Combined Ratio, Property/Casualty Insurance, 2013-2022 (1) |
Ìý
|
| Year |
Loss and
loss adjustment
expense ratio (2) |
Expense ratio (3) |
Combined ratio |
Dividends to
policyholders (4) |
Combined ratio
after dividends |
| 2013 |
67.5 |
28.2 |
95.7 |
0.6 |
96.3 |
| 2014 |
69.0 |
27.6 |
96.6 |
0.6 |
97.2 |
| 2015 |
69.3 |
28.0 |
97.4 |
0.6 |
98.0 |
| 2016 |
72.3 |
27.9 |
100.2 |
0.6 |
100.8 |
| 2017 |
76.0 |
27.3 |
103.2 |
0.6 |
103.9 |
| 2018 |
71.4 |
27.3 |
98.7 |
0.6 |
99.3 |
| 2019 |
71.0 |
27.2 |
98.2 |
0.8 |
99.0 |
| 2020 |
70.2 |
27.5 |
97.6 |
1.2 |
98.8 |
| 2021 |
72.4 |
26.5 |
99.0 |
0.7 |
99.7 |
| 2022 |
76.3 |
25.9 |
102.3 |
0.4 |
102.7 |
(1) Excludes state funds and other residual market insurers.
(2) Incurred loss and loss adjustment expenses as a percent of earned premiums.
(3) Other underwriting expenses as a percent of written premiums.
(4) Dividends to policyholders as a percent of earned premiums.
Source: NAIC data, sourced from S&P Global market Intelligence, Insurance Information Institute. |
|