Boiler And Machinery Insurance, 2013-2022

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2013 $1,979,514 4.9% 72.2 -8.6 pts.
2014 1,998,967 1.0 76.3 4.1
2015 1,682,090 -15.9 69.3 -6.9
2016 1,892,160 12.5 78.6 9.3
2017 2,043,204 8.0 76.4 -2.2
2018 2,600,761 27.3 86.4 9.9
2019 2,551,133 -1.9 72.9 -13.5
2020 2,830,040 10.9 85.3 12.5
2021 3,372,602 19.2 71.4 -13.9
2022 3,641,421 8.0 64.6 -6.9
(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.