Commercial Multiple Peril Insurance, 2012-2021

 

  Total ($000)
Year Net premiums written (1) Annual percent change Year Net premiums written (1) Annual percent change
2012 $31,502,689 5.0% 2017 $34,190,669 0.3%
2013 33,245,146 5.5 2018 37,558,700 9.9
2014 34,375,127 3.4 2019 38,937,896 3.7
2015 34,741,695 1.1 2020 40,995,696 5.3
2016 34,099,664 -1.8 2021 42,256,320 3.1
  Nonliability Portion ($000)
Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3) Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2012 $19,513,568 4.6% 113.9 -5.1 pts. 2017 $20,673,258 -0.8% 111.8 13.6 pts.
2013 21,058,709 7.9 93.3 -20.6 2018 22,570,966 9.2 107.7 -4.0
2014 21,983,697 4.4 96.8 3.5 2019 23,341,478 3.4 102.8 -4.9
2015 21,478,010 -2.3 91.6 -5.2 2020 25,606,682 9.7 111.3 8.5
2016 20,840,849 -3.0 98.2 6.6 2021 26,434,170 3.2 110.5 -0.8
  Liability Portion ($000)
Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3) Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2012 $11,989,121 5.7% 94.1 -7.7 pts. 2017 $13,517,411 2.0% 101.4 -4.1 pts.
2013 12,186,437 1.6 103.8 9.7 2018 14,987,734 10.9 103.3 1.9
2014 12,391,430 1.7 103.6 -0.2 2019 15,596,418 4.1 108.2 4.9
2015 13,263,685 7 99.2 -4.4 2020 15,389,014 -1.3 106.2 -2.0
2016 13,258,815 (4) 105.5 6.4 2021 15,822,150 2.8 101.0 -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.   (4) Less than 0.1 percent. Source: NAIC data, sourced from S&P Global Market Intelligence; Insurance Information Institute.