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Current Table

Incurred Losses For Commercial Insurance, 2019-2023 (1)

($000)

Year Incurred losses
2019 $154,852,263
2020 171,257,364
2021 186,094,738
2022 202,958,686
2023 222,488,074

(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions. Does not include incurred losses from certain insurers that write health insurance but file financial statements with state regulators on a property/casualty basis.

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

 
INCURRED LOSSES FOR COMMERCIAL INSURANCE, 2008-2012 (1)

($000)

Year Incurred losses
2008 $141,340,999
2009 111,576,968
2010 112,727,166
2011 129,993,492
2012 126,819,159

 (1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.

Source: SNL Financial LC.

 
INCURRED LOSSES FOR COMMERCIAL INSURANCE, 2009-2013 (1)

($000)

Year Incurred losses
2009 $111,576,968
2010 112,727,166
2011 129,993,492
2012 126,836,022
2013 110,232,954

 (1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.

Source: SNL Financial LC.

 
INCURRED LOSSES FOR COMMERCIAL INSURANCE, 2010-2014 (1)

($000)

Year Incurred losses
2010 $112,665,236
2011 130,185,072
2012 126,970,243
2013 110,875,460
2014 117,057,532

 (1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.

Source: SNL Financial LC.

 
Incurred Losses For Commercial Insurance, 2011-2015 (1)

($000)

Year Incurred losses
2011 $129,993,492
2012 126,836,022
2013 110,431,560
2014 116,775,590
2015 117,588,580

(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.

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

 
Incurred Losses For Commercial Insurance, 2012-2016 (1)

($000)

Year Incurred losses
2012 $126,989,016
2013 110,431,560
2014 116,940,164
2015 117,591,118
2016 124,674,080

(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.

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

 
Incurred Losses For Commercial Insurance, 2013-2017 (1)

($000)

Year Incurred losses
2013 $110,431,560
2014 117,089,504
2015 117,591,118
2016 124,688,807
2017 137,941,226

(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.

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

 
Incurred Losses For Commercial Insurance, 2014-2018 (1)

($000)

Year Incurred losses (2)
2014 $117,089,504
2015 117,591,118
2016 124,688,807
2017 137,941,226
2018 148,766,154

(1) Excludes private passenger auto insurance, and homeowners and farmowners multiple peril insurance.
(2) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.

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

 
Incurred Losses For Commercial Insurance, 2015-2019 (1)

($000)

Year Incurred losses
2015 $117,591,118
2016 124,688,807
2017 137,939,620
2018 148,768,919
2019 155,123,166

(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.

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

 
Incurred Losses For Commercial Insurance, 2016-2020 (1)

($000)

Year Incurred losses
2016 $124,688,807
2017 137,939,620
2018 148,768,919
2019 155,123,166
2020 172,003,363

(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.

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

 
Incurred Losses For Commercial Insurance, 2017-2021 (1)

($000)

Year Incurred losses
2017 $137,939,624
2018 148,768,919
2019 155,085,961
2020 172,088,377
2021 184,908,130

(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.

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

 
Incurred Losses For Commercial Insurance, 2018-2022 (1)

($000)

Year Incurred losses
2018 $148,768,919
2019 155,085,961
2020 172,088,107
2021 184,973,037
2022 202,732,883

(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.

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

 
Incurred Losses For Commercial Insurance, 2018-2022 (1)

($000)

Year Incurred losses
2018 $148,768,919
2019 155,085,961
2020 172,088,107
2021 184,973,037
2022 202,732,883

(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.

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