| Burglary And Theft Insurance, 2014-2023 |
($000)
|
| Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2014 |
$226,247 |
9.2% |
59.9 |
17.7 pts. |
| 2015 |
230,777 |
2.0 |
61.4 |
1.5 |
| 2016 |
255,466 |
10.7 |
46.5 |
-14.9 |
| 2017 |
222,936 |
-12.7 |
48.9 |
2.4 |
| 2018 |
280,103 |
25.6 |
77.4 |
28.5 |
| 2019 |
332,644 |
18.8 |
74.3 |
-3.1 |
| 2020 |
351,127 |
5.6 |
118.2 |
43.9 |
| 2021 |
396,296 |
12.9 |
79.8 |
-38.4 |
| 2022 |
585,006 |
47.6 |
71.6 |
-8.2 |
| 2023 |
551,388 |
-5.7 |
65.5 |
-6.1 |
(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. |
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