| Mortgage Guaranty Insurance, 2009-2018 |
($000)
|
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2009 |
$4,564,406 |
-15.0% |
201.9 |
-17.9 pts. |
| 2010 |
4,248,798 |
-6.9 |
198.4 |
-3.6 |
| 2011 |
4,242,340 |
-0.2 |
219.0 |
20.7 |
| 2012 |
3,965,896 |
-6.5 |
189.7 |
-29.4 |
| 2013 |
4,329,947 |
9.2 |
98.0 |
-91.7 |
| 2014 |
4,180,006 |
-3.5 |
70.2 |
-27.7 |
| 2015 |
4,681,917 |
12.0 |
58.1 |
-12.1 |
| 2016 |
4,410,832 |
-5.8 |
49.9 |
-8.1 |
| 2017 |
4,376,797 |
-0.8 |
40.4 |
-9.5 |
| 2018 |
4,693,844 |
7.2 |
29.2 |
-11.2 |
(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. |
|