Warranty Insurance, 2015-2024
| Year | Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
|---|---|---|---|---|
| 2015 | $1,017,792 | -0.2% | 107.9 | 14.4 pts. |
| 2016 | 930,239 | -8.6 | 88.8 | -19.1 |
| 2017 | 1,090,588 | 17.2 | 90.6 | 1.8 |
| 2018 | 1,247,677 | 14.4 | 95.4 | 4.8 |
| 2019 | 1,155,271 | -7.4 | 104.7 | 9.4 |
| 2020 | 1,238,136 | 7.2 | 84.7 | -20.1 |
| 2021 | 1,426,670 | 15.2 | 87.7 | 3.0 |
| 2022 | 1,238,289 | -13.2 | 88.2 | 0.5 |
| 2023 | 1,188,054 | -4.1 | 94.9 | 6.7 |
| 2024 | 1,294,077 | 8.9 | 97.7 | 2.8 |
(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.