PROPERTY/CASUALTY INSURANCE INDUSTRY INCOME ANALYSIS, 2006-2010 (1)

($ billions)

  2006 2007 2008 2009 2010
Net written premiums $443.5 $440.6 $434.9 $418.4 $422.1
     Percent change 4.2% -0.6% -1.3% -3.8% 0.9%
Earned premiums $435.5 $438.9 $438.3 $422.3 $420.5
Losses incurred 231.3 244.7 286.3 253.8 256.5
Loss adjustment expenses incurred 52.6 52.3 51.7 52.5 52.6
Other underwriting expenses 117.1 120.1 119.6 117.0 119.6
Policyholder dividends 3.4 2.4 2.0 2.0 2.3
Underwriting gain/loss 31.1 19.3 -21.2 -3.0 -10.4
Investment income 52.3 55.1 51.5 47.1 47.2
Miscellaneous income/loss 1.2 -1.0 0.4 0.9 1.0
Operating income/loss 84.6 73.4 30.6 45.0 37.8
Realized capital gains/losses 3.5 8.9 -19.8 -7.9 5.7
Incurred federal income taxes/credit 22.4 19.8 7.8 8.4 8.9
Net income after taxes 65.8 62.5 3.0 28.7 34.7

(1) Data in this chart may not agree with similar data shown elsewhere due to different sources.

Source: ISO, a Verisk Analytics company.