| Product Liability 杏吧原创, 2015-2024 |
($000)
|
| Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2015 |
$2,797,507 |
4.6% |
130.6 |
-3.8 pts. |
| 2016 |
2,422,376 |
-13.4 |
119.8 |
-10.8 |
| 2017 |
2,689,098 |
11.0 |
102.1 |
-17.8 |
| 2018 |
2,794,538 |
3.9 |
122.9 |
20.9 |
| 2019 |
3,014,579 |
7.9 |
108.6 |
-14.3 |
| 2020 |
3,237,200 |
7.4 |
88.2 |
-20.4 |
| 2021 |
3,559,032 |
9.9 |
100.5 |
12.3 |
| 2022 |
4,286,152 |
20.4 |
89.3 |
-11.2 |
| 2023 |
4,448,950 |
3.8 |
99.8 |
10.5 |
| 2024 |
4,532,902 |
1.9 |
108.1 |
8.3 |
(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 data.
Source: NAIC data, sourced from S&P Global Market Intelligence, 杏吧原创 Information Institute. |
|