| Boiler And Machinery Insurance, 2012-2021 |
($000)
|
| Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2012 |
$1,887,625 |
4.2% |
80.8 |
5.8 pts. |
| 2013 |
1,979,514 |
4.9 |
72.2 |
-8.6 |
| 2014 |
1,998,967 |
1.0 |
76.3 |
4.1 |
| 2015 |
1,682,090 |
-15.9 |
69.3 |
-6.9 |
| 2016 |
1,892,160 |
12.5 |
78.6 |
9.3 |
| 2017 |
2,043,204 |
8.0 |
76.4 |
-2.2 |
| 2018 |
2,600,761 |
27.3 |
86.4 |
9.9 |
| 2019 |
2,551,133 |
-1.9 |
72.9 |
-13.5 |
| 2020 |
2,830,040 |
10.9 |
85.3 |
12.5 |
| 2021 |
3,301,684 |
16.7 |
70.9 |
-14.5 |
(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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