Net Premiums Written And Combined Ratio, Property/Casualty Insurance, 2007-2016

($ billions)

Year Net premiums written (1) Annual percent change Combined ratio after dividends (2) Annual point change (3) Year Net premiums written (1) Annual percent change Combined ratio after dividends (2) Annual point change (3)
2007 $446.2 -0.4% 95.6 3.2 pts. 2012 $460.7 4.3% 103.2 -5.2 pts.
2008 440.3 -1.3 105.2 9.5 2013 481.5 4.5 96.4 -6.8
2009 423.5 -3.8 100.4 -4.8 2014 502.8 4.4 97.2 0.8
2010 425.9 0.6 102.5 2.1 2015 520.1 3.4 97.9 0.8
2011 441.6 3.7 108.3 5.8 2016 533.5 2.6 100.7 2.8
(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 numbers. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.