| Mortgage Guaranty Insurance, 2012-2021 |
($000)
|
| Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2012 |
$3,965,896 |
-6.5% |
189.7 |
-29.4 pts. |
| 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 |
| 2019 |
4,862,954 |
3.6 |
32.8 |
3.6 |
| 2020 |
4,765,345 |
-2.0 |
62.8 |
30.0 |
| 2021 |
3,695,726 |
-22.4 |
30.3 |
-32.5 |
(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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