COMMERCIAL AUTOMOBILE INSURANCE, 1999-2008
| 1999 |
$12,979,182 |
-2.1% |
120.5 |
NA |
$5,381,430 |
5.4% |
111.5 |
NA |
| 2000 |
13,734,120 |
5.8 |
122.0 |
1.5 pts. |
6,070,862 |
12.8 |
104.8 |
-6.7 pts. |
| 2001 |
15,270,917 |
11.2 |
122.8 |
0.8 |
6,459,093 |
6.4 |
101.7 |
-3.1 |
| 2002 |
17,232,258 |
12.8 |
108.1 |
-14.7 |
7,322,301 |
13.4 |
93.6 |
-8.1 |
| 2003 |
18,444,917 |
7.0 |
99.5 |
-8.6 |
7,018,962 |
-4.1 |
83.7 |
-9.9 |
| 2004 |
19,569,829 |
6.1 |
96.8 |
-2.6 |
7,149,217 |
1.9 |
82.9 |
-0.8 |
| 2005 |
19,847,138 |
1.4 |
91.8 |
-5.0 |
6,951,211 |
-2.8 |
88.0 |
5.2 |
| 2006 |
19,704,262 |
-0.7 |
95.5 |
3.7 |
6,949,387 |
(4) |
88.0 |
-0.1 |
| 2007 |
18,975,683 |
-3.7 |
95.3 |
-0.1 |
6,656,933 |
-4.2 |
91.0 |
3.0 |
| 2008 |
17,828,489 |
-6.0 |
97.3 |
2.0 |
5,988,554 |
-10.0 |
94.6 |
3.6 |
|
(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.
(4) Less than 0.1 percent.
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.
COMMERCIAL AUTOMOBILE INSURANCE, 2000-2009
| 2000 |
$13,565,391 |
4.6% |
120.0 |
-0.7 pts. |
$5,987,674 |
11.2% |
105.9 |
-5.7 pts. |
| 2001 |
15,269,118 |
12.6 |
122.7 |
2.7 |
6,471,973 |
8.1 |
101.6 |
-4.3 |
| 2002 |
17,235,300 |
12.9 |
108.2 |
-14.4 |
7,336,316 |
13.4 |
93.8 |
-7.8 |
| 2003 |
18,420,296 |
6.9 |
99.5 |
-8.7 |
7,006,148 |
-4.5 |
84.6 |
-9.2 |
| 2004 |
19,560,068 |
6.2 |
96.8 |
-2.8 |
7,150,723 |
2.1 |
83.0 |
-1.6 |
| 2005 |
19,737,841 |
0.9 |
93.5 |
-3.2 |
6,945,611 |
-2.9 |
88.0 |
5.1 |
| 2006 |
19,771,985 |
0.2 |
94.2 |
0.6 |
7,000,097 |
0.8 |
87.8 |
-0.2 |
| 2007 |
18,964,860 |
-4.1 |
95.5 |
1.3 |
6,653,862 |
-4.9 |
91.1 |
3.3 |
| 2008 |
17,832,636 |
-6.0 |
97.5 |
2.0 |
5,990,259 |
-10.0 |
94.8 |
3.7 |
| 2009 |
16,574,524 |
-7.1 |
100.3 |
2.8 |
5,348,171 |
-10.7 |
96.9 |
2.2 |
|
(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.
COMMERCIAL AUTOMOBILE INSURANCE, 2001-2010
| 2001 |
$15,303,922 |
12.8% |
122.7 |
2.7 pts. |
$6,471,991 |
8.1% |
101.6 |
-4.3 pts. |
| 2002 |
17,235,300 |
12.6 |
108.2 |
-14.4 |
7,336,316 |
13.4 |
93.8 |
-7.8 |
| 2003 |
18,420,296 |
6.9 |
99.5 |
-8.7 |
7,006,148 |
-4.5 |
84.6 |
-9.2 |
| 2004 |
19,560,068 |
6.2 |
96.8 |
-2.8 |
7,150,723 |
2.1 |
83.0 |
-1.6 |
| 2005 |
19,737,841 |
0.9 |
93.5 |
-3.2 |
6,945,611 |
-2.9 |
88.0 |
5.1 |
| 2006 |
19,771,985 |
0.2 |
94.2 |
0.6 |
7,000,097 |
0.8 |
87.8 |
-0.2 |
| 2007 |
18,964,860 |
-4.1 |
95.5 |
1.3 |
6,653,862 |
-4.9 |
91.1 |
3.3 |
| 2008 |
17,832,636 |
-6.0 |
97.5 |
2.0 |
5,990,259 |
-10.0 |
94.8 |
3.7 |
| 2009 |
16,574,524 |
-7.1 |
100.3 |
2.8 |
5,347,278 |
-10.7 |
97.0 |
2.2 |
| 2010 |
16,238,294 |
-2.0 |
97.1 |
-3.2 |
4,878,104 |
-8.8 |
101.4 |
4.5 |
|
(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.
COMMERCIAL AUTOMOBILE INSURANCE, 2002-2011
| 2002 |
$17,236,049 |
12.6% |
108.2 |
-14.4 pts. |
$7,337,244 |
13.4% |
93.8 |
-7.8 pts. |
| 2003 |
18,421,284 |
6.9 |
99.5 |
-8.7 |
7,006,148 |
-4.5 |
84.5 |
-9.3 |
| 2004 |
19,560,068 |
6.2 |
96.8 |
-2.8 |
7,150,723 |
2.1 |
83.0 |
-1.6 |
| 2005 |
19,737,841 |
0.9 |
93.5 |
-3.2 |
6,945,611 |
-2.9 |
88.0 |
5.1 |
| 2006 |
19,771,985 |
0.2 |
94.2 |
0.6 |
7,000,097 |
0.8 |
87.8 |
-0.2 |
| 2007 |
18,964,860 |
-4.1 |
95.5 |
1.3 |
6,653,862 |
-4.9 |
91.1 |
3.3 |
| 2008 |
17,832,636 |
-6.0 |
97.5 |
2.0 |
5,990,259 |
-10.0 |
94.8 |
3.7 |
| 2009 |
16,574,524 |
-7.1 |
100.3 |
2.8 |
5,347,278 |
-10.7 |
97.0 |
2.2 |
| 2010 |
16,245,705 |
-2.0 |
97.1 |
-3.2 |
4,870,396 |
-8.9 |
101.6 |
4.6 |
| 2011 |
16,383,462 |
0.8 |
101.2 |
4.1 |
4,653,643 |
-4.5 |
112.1 |
10.5 |
|
(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.
COMMERCIAL AUTOMOBILE INSURANCE, 2003-2012
| 2003 |
$18,431,918 |
6.8% |
99.6 |
-8.5 pts. |
$7,014,218 |
-4.3% |
83.8 |
-9.9 pts. |
| 2004 |
19,566,628 |
6.2 |
96.9 |
-2.7 |
7,148,629 |
1.9 |
83.0 |
-0.7 |
| 2005 |
19,766,618 |
1.0 |
92.0 |
-4.9 |
6,929,335 |
-3.1 |
88.1 |
5.1 |
| 2006 |
19,704,282 |
-0.3 |
95.7 |
3.7 |
6,949,388 |
0.3 |
88.4 |
0.3 |
| 2007 |
18,803,425 |
-4.6 |
95.4 |
-0.3 |
6,630,652 |
-4.6 |
91.0 |
2.5 |
| 2008 |
17,833,085 |
-5.2 |
97.4 |
2.0 |
5,989,108 |
-9.7 |
94.7 |
3.7 |
| 2009 |
16,581,981 |
-7.0 |
100.6 |
3.1 |
5,347,981 |
-10.7 |
96.9 |
2.3 |
| 2010 |
16,249,433 |
-2.0 |
97.1 |
-3.5 |
4,870,380 |
-8.9 |
101.6 |
4.7 |
| 2011 |
16,382,082 |
0.8 |
101.1 |
4.0 |
4,647,376 |
-4.6 |
112.0 |
10.4 |
| 2012 |
16,784,737 |
2.5 |
106.4 |
5.3 |
5,083,895 |
9.4 |
109.0 |
-3.0 |
|
(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: SNL Financial LC.
COMMERCIAL AUTOMOBILE INSURANCE, 2004-2013
| |
Liability |
Collision/comprehensive |
| Year |
Net premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
Net premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2004 |
$19,566,628 |
6.2% |
96.9 |
-2.7 pts. |
$7,148,629 |
1.9% |
83.0 |
-0.7 pts. |
| 2005 |
19,766,618 |
1.0 |
92.0 |
-4.9 |
6,929,335 |
-3.1 |
88.1 |
5.1 |
| 2006 |
19,704,282 |
-0.3 |
95.7 |
3.7 |
6,949,388 |
0.3 |
88.4 |
0.3 |
| 2007 |
18,803,425 |
-4.6 |
95.4 |
-0.3 |
6,630,652 |
-4.6 |
91.0 |
2.5 |
| 2008 |
17,833,085 |
-5.2 |
97.4 |
2.0 |
5,989,108 |
-9.7 |
94.7 |
3.7 |
| 2009 |
16,581,981 |
-7.0 |
100.6 |
3.1 |
5,347,981 |
-10.7 |
96.9 |
2.3 |
| 2010 |
16,249,433 |
-2.0 |
97.1 |
-3.5 |
4,870,380 |
-8.9 |
101.6 |
4.7 |
| 2011 |
16,382,082 |
0.8 |
101.1 |
4.0 |
4,647,376 |
-4.6 |
112.0 |
10.4 |
| 2012 |
16,984,612 |
3.7 |
106.6 |
5.5 |
5,099,427 |
9.7 |
109.2 |
-2.9 |
| 2013 |
18,353,335 |
8.1 |
107.2 |
0.6 |
5,536,173 |
8.6 |
105.2 |
-3.9 |
|
(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 data.
Source: SNL Financial LC.
COMMERCIAL AUTOMOBILE INSURANCE, 2005-2014
| |
Liability |
Collision/comprehensive |
| Year |
Net premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
Net premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
| 2005 |
$19,766,618 |
1.0% |
92.0 |
-4.9 pts. |
$6,929,335 |
-3.1% |
88.1 |
5.1 pts. |
| 2006 |
19,704,282 |
-0.3 |
95.7 |
3.7 |
6,949,388 |
0.3 |
88.4 |
0.3 |
| 2007 |
18,803,425 |
-4.6 |
95.4 |
-0.3 |
6,630,652 |
-4.6 |
91.0 |
2.5 |
| 2008 |
17,833,085 |
-5.2 |
97.4 |
2.0 |
5,989,108 |
-9.7 |
94.7 |
3.7 |
| 2009 |
16,581,981 |
-7.0 |
100.6 |
3.1 |
5,347,981 |
-10.7 |
96.9 |
2.3 |
| 2010 |
16,249,433 |
-2.0 |
97.1 |
-3.5 |
4,870,380 |
-8.9 |
101.6 |
4.7 |
| 2011 |
16,382,082 |
0.8 |
101.1 |
4.0 |
4,647,376 |
-4.6 |
112.0 |
10.4 |
| 2012 |
16,984,612 |
3.7 |
106.6 |
5.5 |
5,099,427 |
9.7 |
109.2 |
-2.9 |
| 2013 |
18,354,752 |
8.1 |
107.2 |
0.7 |
5,536,173 |
8.6 |
105.2 |
-3.9 |
| 2014 |
19,570,622 |
6.6 |
103.7 |
-3.5 |
6,114,388 |
10.4 |
103.0 |
-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 numbers.
Source: SNL Financial LC.
Commercial Automobile Insurance, 2007-2016
| |
Liability |
Collision/comprehensive |
| Year |
Net premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
Net premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
| 2007 |
$18,803,425 |
-4.6% |
95.4 |
-0.3 pts. |
$6,630,652 |
-4.6% |
91.0 |
2.5 pts. |
| 2008 |
17,833,085 |
-5.2 |
97.4 |
2.0 |
5,989,108 |
-9.7 |
94.7 |
3.7 |
| 2009 |
16,581,981 |
-7.0 |
100.6 |
3.1 |
5,347,981 |
-10.7 |
96.9 |
2.3 |
| 2010 |
16,249,433 |
-2.0 |
97.1 |
-3.5 |
4,870,380 |
-8.9 |
101.6 |
4.7 |
| 2011 |
16,382,082 |
0.8 |
101.1 |
4.0 |
4,647,376 |
-4.6 |
112.0 |
10.4 |
| 2012 |
16,984,612 |
3.7 |
106.6 |
5.5 |
5,099,427 |
9.7 |
109.2 |
-2.9 |
| 2013 |
18,355,088 |
8.1 |
107.2 |
0.7 |
5,536,307 |
8.6 |
105.2 |
-3.9 |
| 2014 |
19,570,622 |
6.6 |
103.7 |
-3.5 |
6,123,604 |
10.6 |
103.2 |
-2.0 |
| 2015 |
20,914,990 |
6.9 |
111.4 |
7.7 |
6,725,088 |
9.8 |
100.9 |
-2.3 |
| 2016 |
21,310,616 |
1.9 |
113.5 |
2.1 |
6,945,671 |
3.3 |
102.1 |
1.2 |
|
(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.
Commercial Automobile Insurance, 2008-2017
| |
Liability |
Collision/comprehensive |
| Year |
Net
premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
Net
premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
|
| 2008 |
$17,833,085 |
-5.2% |
97.4 |
2.0 pts. |
$5,989,108 |
-9.7% |
94.7 |
3.7 pts. |
| 2009 |
16,581,981 |
-7.0 |
100.6 |
3.1 |
5,347,981 |
-10.7 |
96.9 |
2.3 |
| 2010 |
16,249,433 |
-2.0 |
97.1 |
-3.5 |
4,870,380 |
-8.9 |
101.6 |
4.7 |
| 2011 |
16,382,082 |
0.8 |
101.1 |
4.0 |
4,647,376 |
-4.6 |
112.0 |
10.4 |
| 2012 |
16,984,612 |
3.7 |
106.6 |
5.5 |
5,099,427 |
9.7 |
109.2 |
-2.9 |
| 2013 |
18,355,088 |
8.1 |
107.2 |
0.7 |
5,536,307 |
8.6 |
105.2 |
-3.9 |
| 2014 |
19,570,622 |
6.6 |
103.8 |
-3.4 |
6,123,604 |
10.6 |
103.2 |
-2.0 |
| 2015 |
20,914,990 |
6.9 |
111.4 |
7.6 |
6,725,088 |
9.8 |
100.9 |
-2.3 |
| 2016 |
21,315,245 |
1.9 |
113.5 |
2.1 |
6,949,192 |
3.3 |
102.1 |
1.2 |
| 2017 |
22,865,085 |
7.3 |
113.4 |
-0.1 |
7,757,275 |
11.6 |
104.2 |
2.1 |
|
(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.
Commercial Automobile Insurance, 2009-2018
| |
Liability |
Collision/comprehensive |
| Year |
Net
premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
Net
premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
| 2009 |
$16,581,981 |
-7.0% |
100.6 |
3.1 pts. |
$5,347,981 |
-10.7% |
96.9 |
2.3 pts. |
| 2010 |
16,249,433 |
-2.0 |
97.1 |
-3.5 |
4,870,380 |
-8.9 |
101.6 |
4.7 |
| 2011 |
16,382,082 |
0.8 |
101.1 |
4.0 |
4,647,376 |
-4.6 |
112.0 |
10.4 |
| 2012 |
16,984,612 |
3.7 |
106.6 |
5.5 |
5,099,427 |
9.7 |
109.2 |
-2.9 |
| 2013 |
18,355,088 |
8.1 |
107.2 |
0.7 |
5,536,307 |
8.6 |
105.2 |
-3.9 |
| 2014 |
19,570,622 |
6.6 |
103.8 |
-3.4 |
6,123,604 |
10.6 |
103.2 |
-2.0 |
| 2015 |
20,914,990 |
6.9 |
111.4 |
7.6 |
6,725,088 |
9.8 |
100.9 |
-2.3 |
| 2016 |
21,315,245 |
1.9 |
113.5 |
2.1 |
6,949,192 |
3.3 |
102.1 |
1.2 |
| 2017 |
22,881,174 |
7.3 |
113.4 |
(4) |
7,757,275 |
11.6 |
104.2 |
2.1 |
| 2018 |
26,952,071 |
17.8 |
111.7 |
-1.7 |
8,778,794 |
13.2 |
96.9 |
-7.3 |
|
(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 point.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Commercial Automobile Insurance, 2010-2019
| |
Liability |
Collision/comprehensive |
| Year |
Net
premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
Net
premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
| 2010 |
$16,249,433 |
-2.0% |
97.1 |
-3.5 pts. |
$4,870,380 |
-8.9% |
101.6 |
4.7 pts. |
| 2011 |
16,382,082 |
0.8 |
101.1 |
4.0 |
4,647,376 |
-4.6 |
112.0 |
10.4 |
| 2012 |
16,984,612 |
3.7 |
106.6 |
5.5 |
5,099,427 |
9.7 |
109.2 |
-2.9 |
| 2013 |
18,355,088 |
8.1 |
107.2 |
0.7 |
5,536,307 |
8.6 |
105.2 |
-3.9 |
| 2014 |
19,570,622 |
6.6 |
103.8 |
-3.4 |
6,123,604 |
10.6 |
103.2 |
-2.0 |
| 2015 |
20,914,990 |
6.9 |
111.4 |
7.6 |
6,725,088 |
9.8 |
100.9 |
-2.3 |
| 2016 |
21,315,245 |
1.9 |
113.5 |
2.1 |
6,949,192 |
3.3 |
102.1 |
1.2 |
| 2017 |
22,881,174 |
7.3 |
113.4 |
(4) |
7,757,275 |
11.6 |
104.2 |
2.1 |
| 2018 |
26,992,199 |
18.0 |
111.7 |
-1.7 |
8,782,227 |
13.2 |
96.9 |
-7.3 |
| 2019 |
29,347,917 |
8.7 |
114.0 |
2.3 |
9,671,004 |
10.1 |
95.6 |
-1.3 |
|
(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 point.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Commercial Automobile Insurance, 2011-2020
| |
Liability |
Collision/comprehensive |
| Year |
Net
premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
Net
premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
| 2011 |
$16,382,082 |
0.8% |
101.1 |
4.0 pts. |
$4,647,376 |
-4.6% |
112.0 |
10.4 pts. |
| 2012 |
16,984,612 |
3.7 |
106.6 |
5.5 |
5,099,427 |
9.7 |
109.2 |
-2.9 |
| 2013 |
18,355,088 |
8.1 |
107.2 |
0.7 |
5,536,307 |
8.6 |
105.2 |
-3.9 |
| 2014 |
19,570,622 |
6.6 |
103.8 |
-3.4 |
6,123,604 |
10.6 |
103.2 |
-2.0 |
| 2015 |
20,914,990 |
6.9 |
111.4 |
7.6 |
6,725,088 |
9.8 |
100.9 |
-2.3 |
| 2016 |
21,315,245 |
1.9 |
113.5 |
2.1 |
6,949,192 |
3.3 |
102.1 |
1.2 |
| 2017 |
22,881,174 |
7.3 |
113.4 |
(4) |
7,757,275 |
11.6 |
104.2 |
2.1 |
| 2018 |
26,992,199 |
18.0 |
111.7 |
-1.7 |
8,782,227 |
13.2 |
96.9 |
-7.3 |
| 2019 |
29,349,272 |
8.7 |
114.0 |
2.3 |
9,671,727 |
10.1 |
95.6 |
-1.3 |
| 2020 |
30,057,679 |
2.4 |
107.1 |
-6.9 |
9,864,983 |
2.0 |
85.7 |
-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.
(4) Less than 0.1 point.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Commercial Automobile Insurance, 2012-2021
| |
Liability |
Collision/comprehensive |
| Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2012 |
$16,984,612 |
3.7% |
106.6 |
5.5 pts. |
$5,099,427 |
-9.7% |
109.2 |
-2.9 pts. |
| 2013 |
18,355,088 |
8.1 |
107.2 |
0.7 |
5,536,307 |
8.6 |
105.2 |
-3.9 |
| 2014 |
19,570,622 |
6.6 |
103.8 |
-3.4 |
6,123,604 |
10.6 |
103.2 |
-2.0 |
| 2015 |
20,914,990 |
6.9 |
111.4 |
7.6 |
6,725,088 |
9.8 |
100.9 |
-2.3 |
| 2016 |
21,315,245 |
1.9 |
113.5 |
2.1 |
6,949,192 |
3.3 |
102.1 |
1.2 |
| 2017 |
22,881,174 |
7.3 |
113.4 |
(4) |
7,757,275 |
11.6 |
104.2 |
2.1 |
| 2018 |
26,992,199 |
18.0 |
111.7 |
-1.7 |
8,782,227 |
13.2 |
96.9 |
-7.3 |
| 2019 |
29,293,084 |
8.5 |
114.0 |
2.3 |
9,650,356 |
9.9 |
95.5 |
-1.4 |
| 2020 |
30,059,355 |
2.6 |
107.1 |
-6.9 |
9,865,723 |
2.2 |
85.7 |
-9.8 |
| 2021 |
34,461,657 |
14.6 |
102.1 |
-5.0 |
10,788,353 |
9.4 |
90.3 |
4.6 |
|
(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 numbers.
(4) Less than 0.1 point.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Commercial Automobile Insurance, 2013-2022
| |
Liability |
Collision/comprehensive |
| Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2013 |
$18,355,088 |
8.1% |
107.2 |
0.7 pts. |
$5,536,307 |
8.6% |
105.2 |
-3.9 pts. |
| 2014 |
19,570,622 |
6.6 |
103.8 |
-3.4 |
6,123,604 |
10.6 |
103.2 |
-2.0 |
| 2015 |
20,914,990 |
6.9 |
111.4 |
7.6 |
6,725,088 |
9.8 |
100.9 |
-2.3 |
| 2016 |
21,315,245 |
1.9 |
113.5 |
2.1 |
6,949,192 |
3.3 |
102.1 |
1.2 |
| 2017 |
22,881,174 |
7.3 |
113.4 |
(4) |
7,757,275 |
11.6 |
104.2 |
2.1 |
| 2018 |
26,992,199 |
18.0 |
111.7 |
-1.7 |
8,782,227 |
13.2 |
96.9 |
-7.3 |
| 2019 |
29,293,084 |
8.5 |
114.0 |
2.3 |
9,650,356 |
9.9 |
95.5 |
-1.4 |
| 2020 |
30,059,355 |
2.6 |
107.1 |
-6.9 |
9,865,723 |
2.2 |
85.7 |
-9.8 |
| 2021 |
35,320,358 |
17.5 |
102.0 |
-5.1 |
11,076,025 |
12.3 |
90.3 |
4.6 |
| 2022 |
39,359,115 |
11.4 |
107.2 |
5.2 |
12,244,274 |
10.5 |
100.1 |
9.8 |
|
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 numbers.
(4) Less than 0.1 point.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.