Operating Results, Property/Casualty Insurance, 2008-2017 (1)

($ millions)

Year Net underwriting gain/loss Net investment income earned Net realized capital gains/losses Policyholder dividends Taxes (2) Net income after taxes (3)
2008 -$19,810 $53,430 -$19,609 $2,211 $7,730 $4,446
2009 1,579 48,640 -7,895 2,141 8,481 32,492
2010 -8,422 48,833 8,003 2,709 8,951 37,716
2011 -35,305 51,000 6,891 2,315 3,026 19,532
2012 -13,872 49,657 8,548 2,656 6,267 37,573
2013 17,500 48,830 17,212 3,018 11,948 70,061
2014 14,247 54,928 11,765 2,943 10,396 64,711
2015 11,163 48,924 9,580 3,017 10,199 58,012
2016 -2,396 48,144 8,058 2,944 7,321 44,555
2017 -20,590 50,520 19,058 3,309 -697 40,889
(1) Excludes state funds. (2) Includes federal and foreign taxes. (3) Does not equal the sum of the columns shown due to the omission of miscellaneous income. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.