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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.