Current Table

Credit Insurance, 2010-2019

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2010 $1,344,766 9.8% 127.2 -13.6 pts.
2011 1,490,135 10.8 94.5 -32.7
2012 1,457,796 -2.2 91.3 -3.2
2013 1,167,315 -19.9 74.9 -16.4
2014 1,191,026 2.0 74.7 -0.1
2015 1,070,048 -10.2 76.5 1.8
2016 1,118,611 4.5 92.1 15.6
2017 1,221,008 9.2 90.8 -1.4
2018 1,511,025 23.8 93.6 2.9
2019 1,860,939 23.2 84.8 -8.9

(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 data.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
CREDIT INSURANCE, 2004-2008 (1)

($000)

Year Direct premiums written Annual percent change
2004 $1,053,996 21.2%
2005 1,206,020 14.4
2006 1,398,762 16.0
2007 1,768,912 26.5
2008 1,690,667 -4.4

(1) Before reinsurance transactions, excluding state funds.    
   
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.   
   

 
CREDIT INSURANCE, 2000-2009

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2000 $588,566 5.3% 79.4 5.7 pts.
2001 575,214 -2.3 90.7 11.4
2002 703,038 22.2 104.6 13.8
2003 568,502 -19.1 98.6 -6.0
2004 806,372 41.8 96.4 -2.2
2005 936,101 16.1 82.2 -14.2
2006 1,090,144 16.5 86.2 4.0
2007 1,405,439 28.9 129.2 43.0
2008 1,413,313 0.6 170.6 41.4
2009 1,224,472 -13.4 140.8 -29.8

(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.   

 
CREDIT INSURANCE, 2001-2010

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2001 $575,214 -2.3% 90.7 11.4 pts.
2002 703,038 22.2 104.6 13.8
2003 568,502 -19.1 98.6 -6.0
2004 806,372 41.8 96.4 -2.2
2005 936,101 16.1 82.2 -14.2
2006 1,090,144 16.5 86.2 4.0
2007 1,405,439 28.9 129.2 43.0
2008 1,413,313 0.6 170.6 41.4
2009 1,224,472 -13.4 140.8 -29.8
2010 1,344,776 9.8 127.2 -13.6

(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.

 
CREDIT INSURANCE, 2002-2011

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2002 $703,038 22.2% 104.6 13.8 pts.
2003 568,502 -19.1 98.6 -6.0
2004 806,372 41.8 96.4 -2.2
2005 936,101 16.1 82.2 -14.2
2006 1,090,144 16.5 86.2 4.0
2007 1,405,439 28.9 129.2 43.0
2008 1,413,313 0.6 170.6 41.4
2009 1,224,472 -13.4 140.8 -29.8
2010 1,344,776 9.8 126.9 -13.9
2011 1,490,132 10.8 94.3 -32.6

(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.

 
CREDIT INSURANCE, 2003-2012

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2003 $640,580 -11.0% 92.3 -9.9 pts.
2004 806,381 25.9 96.9 4.5
2005 936,108 16.1 81.1 -15.8
2006 1,090,145 16.5 86.0 4.9
2007 1,405,444 28.9 129.3 43.4
2008 1,413,313 0.6 171.0 41.6
2009 1,224,474 -13.4 140.8 -30.2
2010 1,344,766 9.8 127.2 -13.6
2011 1,490,135 10.8 94.5 -32.7
2012 1,457,796 -2.2 91.3 -3.2

(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.

 
CREDIT INSURANCE, 2004-2013

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2004 $806,381 25.9% 96.9 4.5 pts.
2005 936,108 16.1 81.1 -15.8
2006 1,090,145 16.5 86.0 4.9
2007 1,405,444 28.9 129.3 43.4
2008 1,413,313 0.6 171.0 41.6
2009 1,224,474 -13.4 140.8 -30.2
2010 1,344,766 9.8 127.2 -13.6
2011 1,490,135 10.8 94.5 -32.7
2012 1,457,796 -2.2 91.3 -3.2
2013 1,167,315 -19.9 74.9 -16.4

(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 data.

Source: SNL Financial LC.

 
CREDIT INSURANCE, 2005-2014

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2005 $936,108 16.1% 81.1 -15.8 pts.
2006 1,090,145 16.5 86.0 4.9
2007 1,405,444 28.9 129.3 43.4
2008 1,413,313 0.6 171.0 41.6
2009 1,224,474 -13.4 140.8 -30.2
2010 1,344,766 9.8 127.2 -13.6
2011 1,490,135 10.8 94.5 -32.7
2012 1,457,796 -2.2 91.3 -3.2
2013 1,167,315 -19.9 74.9 -16.4
2014 1,191,026 2.0 74.7 -0.1

(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 data.

Source: SNL Financial LC.

 
Credit Insurance, 2006-2015

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2006 $1,090,145 16.5% 86.0 4.9 pts.
2007 1,405,444 28.9 129.3 43.4
2008 1,413,313 0.6 171.0 41.6
2009 1,224,474 -13.4 140.8 -30.2
2010 1,344,766 9.8 127.2 -13.6
2011 1,490,135 10.8 94.5 -32.7
2012 1,457,796 -2.2 91.3 -3.2
2013 1,167,315 -19.9 74.9 -16.4
2014 1,191,026 2.0 74.7 -0.1
2015 1,070,048 -10.2 76.5 1.8

(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.

 
Credit Insurance, 2007-2016

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2007 $1,405,444 28.9% 129.3 43.4
2008 1,413,313 0.6 171.0 41.6
2009 1,224,474 -13.4 140.8 -30.2
2010 1,344,766 9.8 127.2 -13.6
2011 1,490,135 10.8 94.5 -32.7
2012 1,457,796 -2.2 91.3 -3.2
2013 1,167,315 -19.9 74.9 -16.4
2014 1,191,026 2.0 74.7 -0.1
2015 1,070,048 -10.2 76.5 1.8
2016 1,118,611 4.5 92.1 15.6

(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: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
Credit Insurance, 2008-2017

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2008 $1,413,313 0.6% 171.0 41.6 pts.
2009 1,224,474 -13.4 140.8 -30.2
2010 1,344,766 9.8 127.2 -13.6
2011 1,490,135 10.8 94.5 -32.7
2012 1,457,796 -2.2 91.3 -3.2
2013 1,167,315 -19.9 74.9 -16.4
2014 1,191,026 2.0 74.7 -0.1
2015 1,070,048 -10.2 76.5 1.8
2016 1,118,611 4.5 92.1 15.6
2017 1,221,008 9.2 90.8 -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 data.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
Credit Insurance, 2009-2018

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2009 $1,224,474 -13.4% 140.8 - 30.2 pts.
2010 1,344,766 9.8 127.2 -13.6
2011 1,490,135 10.8 94.5 -32.7
2012 1,457,796 -2.2 91.3 -3.2
2013 1,167,315 -19.9 74.9 -16.4
2014 1,191,026 2.0 74.7 -0.1
2015 1,070,048 -10.2 76.5 1.8
2016 1,118,611 4.5 92.1 15.6
2017 1,221,008 9.2 90.8 -1.4
2018 1,511,025 23.8 93.6 2.9

(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 data.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.