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Boiler And Machinery Insurance, 2014-2023
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($000)

Year Net premiums
written (1)		 Annual percent
change		 Combined
ratio (2)		 Annual point
change (3)
2015 $1,682,090 -15.9% 69.3 -6.9 pts
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 3,372,602 19.2 71.4 -13.9
2022 3,644,139 8.1 64.6 -6.9
2023 4,279,631 17.4 66.1 1.5

(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.

 

Archived Tables

BOILER AND MACHINERY INSURANCE, 1999-2008
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
1999 $760,055 1.8% 117.8 NA
2000 1,144,068 50.5 89.9 -27.9 pts.
2001 1,119,295 -2.2 88.2 -1.7
2002 1,410,316 26.0 73.6 -14.6
2003 1,591,987 12.9 68.4 -5.3
2004 1,572,195 -1.2 67.1 -1.3
2005 1,582,917 0.7 60.2 -6.9
2006 1,675,296 5.8 73.1 12.9
2007 1,741,324 3.9 73.1 0.0
2008 1,728,143 -0.8 87.7 14.6

(1) After reinsurance transactions, excluding 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. 

NA=Data not available.

Source: National Association of Insurance Commissioners (NAIC) Annual Statement Database, via Highline Data, LLC. Copyrighted information. No portion of this work may be copied or redistributed without the express written permission of Highline Data, LLC.

 
BOILER AND MACHINERY INSURANCE, 2000-2009
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2000 $968,014 27.4% 94.8 -23.1 pts.
2001 1,078,582 11.4 90.8 -4.0
2002 1,410,205 30.7 74.4 -16.3
2003 1,591,870 12.9 68.4 -6.0
2004 1,572,452 -1.2 66.5 -2.0
2005 1,583,856 0.7 60.5 -6.0
2006 1,675,348 5.8 73.2 12.7
2007 1,741,332 3.9 73.1 -0.1
2008 1,729,073 -0.7 87.7 14.7
2009 1,801,949 4.2 71.6 -16.1

(1) After reinsurance transactions, excluding 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: SNL Financial LC.

 
BOILER AND MACHINERY INSURANCE, 2001-2010
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2001 $1,078,582 11.4% 90.8 -4.0 pts.
2002 1,410,205 30.7 74.4 -16.3
2003 1,591,870 12.9 68.4 -6.0
2004 1,572,452 -1.2 66.5 -2.0
2005 1,583,856 0.7 60.5 -6.0
2006 1,675,348 5.8 73.2 12.7
2007 1,741,332 3.9 73.1 -0.1
2008 1,729,073 -0.7 87.7 14.7
2009 1,801,949 4.2 71.7 -16.1
2010 1,718,215 -4.6 71.6 -0.1

(1) After reinsurance transactions, excluding 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: SNL Financial LC.

 
BOILER AND MACHINERY INSURANCE, 2002-2011
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2002 $1,410,205 30.7% 74.4 -16.3 pts.
2003 1,591,870 12.9 68.4 -6.0
2004 1,572,452 -1.2 66.5 -2.0
2005 1,583,856 0.7 60.5 -6.0
2006 1,675,348 5.8 73.1 12.6
2007 1,741,332 3.9 73.1 -0.1
2008 1,729,073 -0.7 87.7 14.7
2009 1,801,949 4.2 71.7 -16.1
2010 1,718,322 -4.6 71.6 -0.1
2011 1,806,638 5.1 74.8 3.2

(1) After reinsurance transactions, excluding 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: SNL Financial LC.

 
BOILER AND MACHINERY INSURANCE, 2003-2012
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2003 $1,591,987 13.1% 68.4 -5.3 pts.
2004 1,572,195 -1.2 67.1 -1.3
2005 1,582,964 0.7 60.2 -6.9
2006 1,675,347 5.8 73.1 12.9
2007 1,741,099 3.9 73.1 (4)
2008 1,728,595 -0.7 87.7 14.6
2009 1,803,376 4.3 71.7 -16.1
2010 1,721,764 -4.5 71.5 -0.2
2011 1,810,941 5.2 75.0 3.5
2012 1,887,625 4.2 80.8 5.8

(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.
(4) Less than 0.1 point.

Source: SNL Financial LC.

 
BOILER AND MACHINERY INSURANCE, 2004-2013
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2004 $1,572,195 -1.2% 67.1 -1.3 pts.
2005 1,582,964 0.7 60.2 -6.9
2006 1,675,347 5.8 73.1 12.9
2007 1,741,099 3.9 73.1 (4)
2008 1,728,595 -0.7 87.7 14.6
2009 1,803,376 4.3 71.7 -16.1
2010 1,721,764 -4.5 71.5 -0.2
2011 1,810,941 5.2 75.0 3.5
2012 1,887,625 4.2 80.8 5.8
2013 1,979,514 4.9 72.2 -8.6

(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.
(4) Less than 0.1 point.

Source: SNL Financial LC.

 
BOILER AND MACHINERY INSURANCE, 2005-2014
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2005 $1,582,964 0.7% 60.2 -6.9 pts.
2006 1,675,347 5.8 73.1 12.9
2007 1,741,099 3.9 73.1 (4)
2008 1,728,595 -0.7 87.7 14.6
2009 1,803,376 4.3 71.7 -16.1
2010 1,721,764 -4.5 71.5 -0.2
2011 1,810,941 5.2 75.0 3.5
2012 1,887,625 4.2 80.8 5.8
2013 1,979,514 4.9 72.2 -8.6
2014 1,998,967 1.0 76.6 4.4

(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.
(4) Less than 0.1 point.

Source: SNL Financial LC.

 
Boiler And Machinery Insurance, 2006-2015
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2006 $1,675,347 5.8% 73.1 12.9 pts.
2007 1,741,099 3.9 73.1 (4)
2008 1,728,595 -0.7 87.7 14.6
2009 1,803,376 4.3 71.7 -16.1
2010 1,721,764 -4.5 71.5 -0.2
2011 1,810,941 5.2 75.0 3.5
2012 1,887,625 4.2 80.8 5.8
2013 1,979,514 4.9 72.2 -8.6
2014 1,998,967 1.0 76.6 4.4
2015 1,682,090 -15.9 69.3 -7.2

(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.
(4) Less than 0.1 point.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
Boiler And Machinery Insurance, 2007-2016
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2007 $1,741,099 3.9% 73.1 (4)
2008 1,728,595 -0.7 87.7 14.6 pts.
2009 1,803,376 4.3 71.7 -16.1
2010 1,721,764 -4.5 71.5 -0.2
2011 1,810,941 5.2 75.0 3.5
2012 1,887,625 4.2 80.8 5.8
2013 1,979,514 4.9 72.2 -8.6
2014 1,998,967 1.0 76.6 4.4
2015 1,682,090 -15.9 69.3 -7.2
2016 1,892,161 12.5 78.6 9.3

(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 numbers.
(4) Less than 0.1 percentage point.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
Boiler And Machinery Insurance, 2008-2017
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2008 $1,728,595 -0.7% 87.7 14.6 pts.
2009 1,803,376 4.3 71.7 -16.1
2010 1,721,764 -4.5 71.5 -0.2
2011 1,810,941 5.2 75.0 3.5
2012 1,887,625 4.2 80.8 5.8
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

(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, Insurance Information Institute.

 
Boiler And Machinery Insurance, 2009-2018
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2009 $1,803,376 4.3% 71.7 -16.1 pts.
2010 1,721,764 -4.5 71.5 -0.2
2011 1,810,941 5.2 75.0 3.5
2012 1,887,625 4.2 80.8 5.8
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

(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.

 
Boiler And Machinery Insurance, 2010-2019
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2010 $1,721,764 -4.5% 71.5 -0.2 pts.
2011 1,810,941 5.2 75.0 3.5
2012 1,887,625 4.2 80.8 5.8
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 2,551,136 -1.9 72.9 -13.5

(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.

 
Boiler And Machinery Insurance, 2011-2020
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($000)

Year Net premiums
written (1)		 Annual percent
change		 Combined
ratio (2)		 Annual point
change (3)
2011 $1,810,941 5.2% 75.0 3.5 pts.
2012 1,887,625 4.2 80.8 5.8
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 2,551,136 -1.9 72.9 -13.5
2020 2,830,044 10.9 85.3 12.5

(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.

 
Boiler And Machinery Insurance, 2012-2021
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($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.

 
Boiler And Machinery Insurance, 2013-2022
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($000)

Year Net premiums
written (1)		 Annual percent
change		 Combined
ratio (2)		 Annual point
change (3)
2013 $1,979,514 4.9% 72.2 -8.6 pts.
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 3,372,602 19.2 71.4 -13.9
2022 3,641,421 8.0 64.6 -6.9

(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.