Identity Theft Insurance, 2017-2021 (1)

($000)

Year Direct premiums written (2) Annual percent change Direct losses paid Direct paid loss ratio
2017 $232,932 1.0% $3,198 1.4%
2018 225,922 -3.0 15,434 7.0
2019 234,212 3.7 464 0.2
2020 240,125 2.5 1,322 0.6
2021 241,568 0.6 702 0.3
(1) Includes stand-alone policies and the identity theft portion of package policies. Does not include premiums from companies that cannot report premiums for identity theft coverage provided as part of package policies. (2) Before reinsurance transactions. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.