Inland Marine Insurance, 2008-2017

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2008 $9,408,463 -3.8% 92.7 13.5 pts.
2009 8,686,660 -7.7 89.2 -3.5
2010 8,527,512 -1.8 86.0 -3.2
2011 8,768,829 2.8 97.6 11.6
2012 9,603,749 9.5 95.9 -1.7
2013 10,147,908 5.7 83.6 -12.4
2014 10,990,045 8.3 83.3 -0.2
2015 11,417,332 3.9 83.8 0.4
2016 11,407,517 -0.1 83.4 -0.3
2017 11,973,636 5.0 90.0 6.5
(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.