Incurred Losses for Homeowners Insurance, 2019-2023 (1) |
($000)
|
Year |
Incurred losses |
2019 |
$54,057,537 |
2020 |
64,515,524 |
2021 |
65,534,158 |
2022 |
73,708,401 |
2023 |
90,485,651 |
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.
Source: NAIC data, sourced from S&P Global Market Intelligence; Insurance Information Institute. |
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