Private Flood Insurance, 2016-2019

($000)

Year Net premiums written (1) Annual percent change Combined Ratio (2) Annual point change (3)
2016 $277,819 NA 93.8 NA
2017 470,961 69.5% 186.1 92.3 pts.
2018 540,875 14.8 55.0 -131.1
2019 287,184 -46.9 58.5 3.5
(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.