MEDICAL MALPRACTICE INSURANCE, 1999-2008
| 1999 |
$5,181,729 |
3.1% |
128.6 |
NA |
| 2000 |
5,726,696 |
10.5 |
127.9 |
-0.7 pts. |
| 2001 |
6,256,399 |
9.2 |
150.4 |
22.5 |
| 2002 |
7,440,970 |
18.9 |
138.0 |
-12.4 |
| 2003 |
8,753,854 |
17.6 |
138.8 |
0.8 |
| 2004 |
9,124,240 |
4.2 |
108.6 |
-30.2 |
| 2005 |
9,734,772 |
6.7 |
100.1 |
-8.6 |
| 2006 |
10,378,325 |
6.6 |
89.5 |
-10.6 |
| 2007 |
9,958,513 |
-4.0 |
81.9 |
-7.6 |
| 2008 |
9,521,129 |
-4.4 |
76.8 |
-5.1 |
|
(1) After reinsurance transactions, excluding 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.
NA=Data not available.
Source: National Association of Insurance Commissioners (NAIC) Annual Statement Database, via Highline Data, LLC. Copyrighted information. No portion of this work may be copied or redistributed without the express written permission of Highline Data, LLC.
MEDICAL MALPRACTICE INSURANCE, 2000-2009
| 2000 |
$5,642,255 |
9.5% |
132.4 |
3.7 pts. |
| 2001 |
6,164,040 |
9.2 |
153.7 |
21.3 |
| 2002 |
7,366,524 |
19.5 |
141.9 |
-11.8 |
| 2003 |
8,729,912 |
18.5 |
138.7 |
-3.3 |
| 2004 |
9,124,240 |
4.5 |
109.9 |
-28.8 |
| 2005 |
9,982,528 |
9.4 |
100.3 |
-9.5 |
| 2006 |
10,395,927 |
4.1 |
90.8 |
-9.6 |
| 2007 |
9,953,517 |
-4.3 |
84.9 |
-5.9 |
| 2008 |
9,521,116 |
-4.3 |
79.3 |
-5.6 |
| 2009 |
9,206,180 |
-3.3 |
85.5 |
6.3 |
|
(1) After reinsurance transactions, excluding 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: SNL Financial LC.
MEDICAL MALPRACTICE INSURANCE, 2001-2010
| 2001 |
$6,190,643 |
9.7% |
153.6 |
21.1 pts. |
| 2002 |
7,366,524 |
19.0 |
141.9 |
-11.6 |
| 2003 |
8,729,912 |
18.5 |
138.7 |
-3.3 |
| 2004 |
9,124,240 |
4.5 |
109.9 |
-28.8 |
| 2005 |
9,982,528 |
9.4 |
100.3 |
-9.5 |
| 2006 |
10,395,927 |
4.1 |
90.8 |
-9.6 |
| 2007 |
9,953,517 |
-4.3 |
84.9 |
-5.9 |
| 2008 |
9,521,116 |
-4.3 |
79.3 |
-5.6 |
| 2009 |
9,206,649 |
-3.3 |
85.5 |
6.3 |
| 2010 |
9,092,317 |
-1.2 |
88.9 |
3.4 |
|
(1) After reinsurance transactions, excluding 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: SNL Financial LC.
MEDICAL MALPRACTICE INSURANCE, 2002-2011
| 2002 |
$7,366,524 |
19.0% |
141.9 |
-11.6 pts. |
| 2003 |
8,729,912 |
18.5 |
138.7 |
-3.3 |
| 2004 |
9,124,240 |
4.5 |
109.9 |
-28.8 |
| 2005 |
9,982,568 |
9.4 |
100.3 |
-9.5 |
| 2006 |
10,395,927 |
4.1 |
90.8 |
-9.6 |
| 2007 |
9,953,517 |
-4.3 |
84.9 |
-5.9 |
| 2008 |
9,521,116 |
-4.3 |
79.3 |
-5.6 |
| 2009 |
9,206,649 |
-3.3 |
85.5 |
6.3 |
| 2010 |
9,095,726 |
-1.2 |
88.9 |
3.4 |
| 2011 |
8,854,332 |
-2.7 |
87.9 |
-1.0 |
|
(1) After reinsurance transactions, excluding 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: SNL Financial LC.
MEDICAL MALPRACTICE INSURANCE, 2003-2012
| 2003 |
$8,753,854 |
17.6% |
139.0 |
-0.1 pts. |
| 2004 |
9,124,240 |
4.2 |
109.0 |
-30.1 |
| 2005 |
8,619,572 |
-5.5 |
95.3 |
-13.6 |
| 2006 |
10,378,325 |
20.4 |
90.6 |
-4.7 |
| 2007 |
9,958,513 |
-4.0 |
84.7 |
-5.9 |
| 2008 |
9,521,113 |
-4.4 |
79.2 |
-5.5 |
| 2009 |
9,206,794 |
-3.3 |
85.5 |
6.3 |
| 2010 |
9,096,345 |
-1.2 |
88.9 |
3.4 |
| 2011 |
8,833,365 |
-2.9 |
88.0 |
-1.0 |
| 2012 |
8,687,643 |
-1.6 |
93.1 |
5.2 |
|
(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: SNL Financial LC.
MEDICAL MALPRACTICE INSURANCE, 2004-2013
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2004 |
$9,124,240 |
4.2% |
109.0 |
-30.1 pts. |
| 2005 |
8,619,612 |
-5.5 |
95.3 |
-13.7 |
| 2006 |
10,378,325 |
20.4 |
90.6 |
-4.7 |
| 2007 |
9,958,513 |
-4.0 |
84.7 |
-5.9 |
| 2008 |
9,521,113 |
-4.4 |
79.2 |
-5.5 |
| 2009 |
9,206,794 |
-3.3 |
85.5 |
6.3 |
| 2010 |
9,096,345 |
-1.2 |
88.9 |
3.4 |
| 2011 |
8,833,365 |
-2.9 |
88.0 |
-1.0 |
| 2012 |
8,713,595 |
-1.4 |
93.1 |
5.2 |
| 2013 |
8,530,830 |
-2.1 |
89.4 |
-3.8 |
|
(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: SNL Financial LC.
MEDICAL MALPRACTICE INSURANCE, 2005-2014
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2005 |
$8,619,612 |
-5.5% |
95.3 |
-13.7 pts. |
| 2006 |
10,378,325 |
20.4 |
90.6 |
-4.7 |
| 2007 |
9,958,513 |
-4.0 |
84.7 |
-5.9 |
| 2008 |
9,521,113 |
-4.4 |
79.2 |
-5.5 |
| 2009 |
9,206,794 |
-3.3 |
85.5 |
6.3 |
| 2010 |
9,096,345 |
-1.2 |
88.9 |
3.4 |
| 2011 |
8,833,365 |
-2.9 |
88.0 |
-1.0 |
| 2012 |
8,713,595 |
-1.4 |
93.1 |
5.2 |
| 2013 |
8,530,659 |
-2.1 |
89.4 |
-3.7 |
| 2014 |
8,475,474 |
-0.6 |
106.0 |
16.6 |
|
(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: SNL Financial LC.
Medical Malpractice Insurance, 2006-2015
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2006 |
$10,378,325 |
20.4% |
90.6 |
-4.7 pts. |
| 2007 |
9,958,513 |
-4.0 |
84.7 |
-5.9 |
| 2008 |
9,521,113 |
-4.4 |
79.2 |
-5.5 |
| 2009 |
9,206,794 |
-3.3 |
85.5 |
6.3 |
| 2010 |
9,096,345 |
-1.2 |
88.9 |
3.4 |
| 2011 |
8,833,365 |
-2.9 |
88.0 |
-1.0 |
| 2012 |
8,713,595 |
-1.4 |
93.1 |
5.2 |
| 2013 |
8,531,233 |
-2.1 |
89.4 |
-3.8 |
| 2014 |
8,475,474 |
-0.7 |
106.0 |
16.6 |
| 2015 |
8,201,438 |
-3.2 |
102.3 |
-3.7 |
|
(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.
Medical Malpractice Insurance, 2007-2016
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2007 |
$9,958,513 |
-4.0% |
84.7 |
-5.9 pts. |
| 2008 |
9,521,113 |
-4.4 |
79.2 |
-5.5 |
| 2009 |
9,206,794 |
-3.3 |
85.5 |
6.3 |
| 2010 |
9,096,345 |
-1.2 |
88.9 |
3.4 |
| 2011 |
8,833,365 |
-2.9 |
88.0 |
-1.0 |
| 2012 |
8,713,595 |
-1.4 |
93.1 |
5.2 |
| 2013 |
8,531,233 |
-2.1 |
89.4 |
-3.8 |
| 2014 |
8,475,474 |
-0.7 |
106.0 |
16.6 |
| 2015 |
8,201,438 |
-3.2 |
102.3 |
-3.7 |
| 2016 |
8,194,585 |
-0.1 |
106.4 |
4.1 |
|
(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.
Medical Malpractice Insurance, 2008-2017
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2008 |
$9,521,113 |
-4.4% |
79.2 |
-5.5 pts. |
| 2009 |
9,206,794 |
-3.3 |
85.5 |
6.3 |
| 2010 |
9,096,345 |
-1.2 |
88.9 |
3.4 |
| 2011 |
8,833,365 |
-2.9 |
88.0 |
-1.0 |
| 2012 |
8,713,595 |
-1.4 |
93.1 |
5.2 |
| 2013 |
8,531,233 |
-2.1 |
89.4 |
-3.8 |
| 2014 |
8,475,474 |
-0.7 |
104.8 |
15.4 |
| 2015 |
8,201,438 |
-3.2 |
102.3 |
-2.5 |
| 2016 |
8,194,935 |
-0.1 |
106.4 |
4.1 |
| 2017 |
8,062,046 |
-1.6 |
101.6 |
-4.8 |
|
(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.
Medical Professional Liability Insurance, 2009-2018
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2009 |
$9,206,794 |
-3.3% |
85.5 |
6.3 pts. |
| 2010 |
9,096,345 |
-1.2 |
88.9 |
3.4 |
| 2011 |
8,833,365 |
-2.9 |
88.0 |
-1.0 |
| 2012 |
8,713,595 |
-1.4 |
93.1 |
5.2 |
| 2013 |
8,531,233 |
-2.1 |
89.4 |
-3.8 |
| 2014 |
8,475,474 |
-0.7 |
104.8 |
15.4 |
| 2015 |
8,201,438 |
-3.2 |
102.3 |
-2.5 |
| 2016 |
8,194,935 |
-0.1 |
106.4 |
4.1 |
| 2017 |
8,062,046 |
-1.6 |
101.6 |
-4.8 |
| 2018 |
8,344,628 |
3.5 |
104.2 |
2.6 |
|
(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
Medical Professional Liability Insurance, 2010-2019
| Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2010 |
$9,096,345 |
-1.2% |
88.9 |
3.4 pts. |
| 2011 |
8,833,365 |
-2.9 |
88.0 |
-1.0 |
| 2012 |
8,713,595 |
-1.4 |
93.1 |
5.2 |
| 2013 |
8,531,233 |
-2.1 |
89.4 |
-3.8 |
| 2014 |
8,475,474 |
-0.7 |
104.8 |
15.4 |
| 2015 |
8,201,438 |
-3.2 |
102.3 |
-2.5 |
| 2016 |
8,194,935 |
-0.1 |
106.4 |
4.1 |
| 2017 |
8,062,046 |
-1.6 |
101.6 |
-4.8 |
| 2018 |
8,403,838 |
4.2 |
104.2 |
2.6 |
| 2019 |
8,724,352 |
3.8 |
112.3 |
8.1 |
|
(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.
Medical Professional Liability Insurance, 2011-2020
| Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2011 |
$8,833,365 |
-2.9% |
88.0 |
-1.0 pts. |
| 2012 |
8,713,595 |
-1.4 |
93.1 |
5.2 |
| 2013 |
8,531,233 |
-2.1 |
89.4 |
-3.8 |
| 2014 |
8,475,474 |
-0.7 |
104.8 |
15.4 |
| 2015 |
8,201,438 |
-3.2 |
102.3 |
-2.5 |
| 2016 |
8,194,935 |
-0.1 |
106.4 |
4.1 |
| 2017 |
8,062,046 |
-1.6 |
101.6 |
-4.8 |
| 2018 |
8,403,838 |
4.2 |
104.2 |
2.6 |
| 2019 |
8,724,352 |
3.8 |
112.3 |
8.1 |
| 2020 |
9,014,879 |
3.3 |
113.7 |
1.4 |
|
(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.
Medical Professional Liability Insurance, 2012-2021
| Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2012 |
$8,713,595 |
-1.4% |
93.1 |
5.2 pts. |
| 2013 |
8,531,233 |
-2.1 |
89.4 |
-3.8 |
| 2014 |
8,475,474 |
-0.7 |
104.8 |
15.4 |
| 2015 |
8,201,438 |
-3.2 |
102.3 |
-2.5 |
| 2016 |
8,194,935 |
-0.1 |
106.4 |
4.1 |
| 2017 |
8,062,046 |
-1.6 |
101.6 |
-4.8 |
| 2018 |
8,403,838 |
4.2 |
104.2 |
2.6 |
| 2019 |
8,724,352 |
3.8 |
112.3 |
8.1 |
| 2020 |
9,018,671 |
3.4 |
113.7 |
1.4 |
| 2021 |
9,744,625 |
8.0 |
108.2 |
-5.4 |
|
(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.