Ocean Marine Insurance, 2011-2020

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2011 $2,760,853 0.7% 100.9 4.8 pts.
2012 2,704,665 -2.0 109.1 8.2
2013 2,863,507 5.9 98.1 -11.0
2014 2,910,377 1.6 91.2 -7.0
2015 2,831,564 -2.7 94.3 3.1
2016 2,549,417 -10.0 97.0 2.7
2017 2,370,488 -7.0 110.3 13.2
2018 2,885,727 21.7 100.6 -9.6
2019 3,182,069 10.3 105.3 4.6
2020 3,441,635 8.2 97.9 -7.3
(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.