Private Flood Insurance, 2016-2021

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2016 $277,819.0 NA 93.8 NA
2017 470,961.0 69.5% 186.1 92.3 pts.
2018 540,875.0 14.8 55.0 -131.1
2019 287,197.0 -46.9 58.5 3.5
2020 302,444.0 5.3 50.7 -7.8
2021 506,820.0 67.6 66.5 15.8
(1) After reinsurance transactions, excludes state funds and premiums written by private insurers participating in the National Flood Insurance Program's Write Your Own program. (2) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration. (3) Calculated from unrounded numbers. NA=Data not available. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.