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.