Tables

Table Archive

11 tables in this archive

Archived Tables

Earthquake Insurance, 2014-2023

($000)

Year	Net premiums written (1)	Annual percent change	Combined ratio (2)	Annual point change (3)
2014	$1,641,847	3.5%	34.0	3.7 pts.
2015	1,649,753	0.5	28.1	-5.8
2016	1,535,142	-6.9	34.4	6.2
2017	1,511,543	-1.5	42.3	8.0
2018	1,827,543	20.9	44.3	2.0
2019	1,985,433	8.6	29.0	-15.3
2020	2,386,798	20.2	38.1	9.1
2021	2,941,515	23.2	36.4	-1.7
2022	3,122,861	6.2	30.8	-5.6
2023	3,773,573	20.8	29.8	-1.0

(1) After reinsurance transactions, excludes state funds, such as the California Earthquake Authority, a not-for-profit, privately funded, publicly managed organization that provides coverage in California.
(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.

Earthquake Insurance, 2013-2022

($000)

Year	Net premiums written (1)	Annual percent change	Combined ratio (2)	Annual point change (3)
2013	$1,586,985	-0.4%	30.3	-6.0 pts.
2014	1,641,847	3.5	34.0	3.7
2015	1,649,753	0.5	28.1	-5.8
2016	1,535,142	-6.9	34.4	6.2
2017	1,511,543	-1.5	42.3	8.0
2018	1,827,543	20.9	44.3	2.0
2019	1,985,433	8.6	29.0	-15.3
2020	2,386,798	20.2	38.1	9.1
2021	2,941,515	23.2	36.4	-1.7
2022	3,100,930	5.4	30.5	-5.9

(1) After reinsurance transactions, excludes state funds, such as the California Earthquake Authority, a not-for-profit, privately funded, publicly managed organization that provides coverage in California.
(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.

Earthquake Insurance, 2012-2021

($000)

Year	Net premiums written (1)	Annual percent change	Combined ratio (2)	Annual point change (3)
2012	$1,593,451	8.6%	36.3	-19.5 pts.
2013	1,586,985	-0.4	30.3	-6.0
2014	1,641,847	3.5	34.0	3.7
2015	1,649,753	0.5	28.1	-5.8
2016	1,535,142	-6.9	34.4	6.2
2017	1,511,543	-1.5	42.3	8.0
2018	1,827,543	20.9	44.3	2.0
2019	1,985,433	8.6	29.0	-15.3
2020	2,386,798	20.2	38.1	9.1
2021	2,824,051	18.3	36.1	-2.0

(1) After reinsurance transactions, excludes state funds, such as the California Earthquake Authority, a not-for-profit, privately funded, publicly managed organization that provides coverage in California.
(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.

Earthquake Insurance, 2011-2020

($000)

Year	Net premiums written (1)	Annual percent change	Combined ratio (2)	Annual point change (3)
2011	$1,467,372	1.6%	55.8	14.4 pts.
2012	1,593,451	8.6	36.3	-19.5
2013	1,586,985	-0.4	30.3	-6.0
2014	1,641,847	3.5	34.0	3.7
2015	1,649,753	0.5	28.1	-5.8
2016	1,535,142	-6.9	34.4	6.2
2017	1,511,543	-1.5	42.3	8.0
2018	1,827,543	20.9	44.3	2.0
2019	1,985,751	8.7	29.0	-15.3
2020	2,386,557	20.2	38.1	9.1

(1) After reinsurance transactions, excludes state funds, such as the California Earthquake Authority, a not-for-profit, privately funded, publicly managed organization that provides coverage in California.
(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.

Earthquake Insurance, 2010-2019

($000)

Year	Net premiums written (1)	Annual percent change	Combined ratio (2)	Annual point change (3)
2010	$1,443,598	12.0%	41.4	5.1 pts.
2011	1,467,372	1.6	55.8	14.4
2012	1,593,451	8.6	36.3	-19.5
2013	1,586,985	-0.4	30.3	-6.0
2014	1,641,847	3.5	34.0	3.7
2015	1,649,753	0.5	28.1	-5.8
2016	1,535,142	-6.9	34.4	6.2
2017	1,511,543	-1.5	42.3	8.0
2018	1,827,543	20.9	44.3	2.0
2019	1,982,730	8.5	29.0	-15.4

(1) After reinsurance transactions, excludes state funds, such as the California Earthquake Authority, a not-for-profit, privately funded, publicly managed organization that provides coverage in California.
(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.

Earthquake Insurance, 2009-2018

($000)

Year	Net premiums written (1)	Annual percent change	Combined ratio (2)	Annual point change (3)
2009	$1,288,353	2.3%	36.3	2.8 pts.
2010	1,443,598	12.0	41.4	5.1
2011	1,467,372	1.6	55.8	14.4
2012	1,593,451	8.6	36.3	-19.5
2013	1,586,985	-0.4	30.3	-6.0
2014	1,641,847	3.5	34.0	3.7
2015	1,649,753	0.5	28.1	-5.8
2016	1,535,142	-6.9	34.4	6.2
2017	1,511,543	-1.5	42.3	8.0
2018	1,827,535	20.9	44.4	2.0

(1) After reinsurance transactions, excludes state funds, such as the California Earthquake Authority (CEA), a not-for-profit, privately funded, publicly managed organization that provides coverage in California.
(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.

Earthquake Insurance, 2008-2017

($000)

Year	Net premiums written (1)	Annual percent change	Combined ratio (2)	Annual point change (3)
2008	$1,259,872	1.1%	33.5	3.5 pts.
2009	1,288,353	2.3	36.3	2.8
2010	1,443,598	12.0	41.4	5.1
2011	1,467,372	1.6	55.8	14.4
2012	1,593,451	8.6	36.3	-19.5
2013	1,586,985	-0.4	30.3	-6.0
2014	1,641,847	3.5	34.0	3.7
2015	1,649,753	0.5	28.1	-5.8
2016	1,535,142	-6.9	34.4	6.2
2017	1,511,543	-1.5	42.3	8.0

(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 numbers.

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

Earthquake Insurance, 2007-2016

($000)

Year	Net premiums written (1)	Annual percent change	Combined ratio (2)	Annual point change (3)
2007	$1,246,538	-5.2%	30.0	-10.4 pts.
2008	1,259,872	1.1	33.5	3.5
2009	1,288,353	2.3	36.3	2.8
2010	1,443,598	12.0	41.4	5.1
2011	1,467,372	1.6	55.8	14.4
2012	1,593,451	8.6	36.3	-19.5
2013	1,586,985	-0.4	30.3	-6.0
2014	1,641,847	3.5	34.1	3.8
2015	1,649,753	0.5	28.1	-6.0
2016	1,533,890	-7.0	34.3	6.2

(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.

Earthquake Insurance, 2006-2015

($000)

Year	Net premiums written (1)	Annual percent change	Combined ratio (2)	Annual point change (3)
2006	$1,315,423	18.9%	40.4	-10.5 pts.
2007	1,246,538	-5.2	30.0	-10.4
2008	1,259,872	1.1	33.5	3.5
2009	1,288,353	2.3	36.3	2.8
2010	1,443,598	12.0	41.4	5.1
2011	1,467,372	1.6	55.8	14.4
2012	1,593,451	8.6	36.3	-19.5
2013	1,586,985	-0.4	30.3	-6.0
2014	1,641,847	3.5	34.1	3.8
2015	1,650,225	0.5	28.1	-6.0

(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 numbers.

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

EARTHQUAKE INSURANCE, 2005-2014

($000)

Year	Net premiums written (1)	Annual percent change	Combined ratio (2)	Annual point change (3)
2005	$1,106,671	0.7%	50.9	2.3 pts.
2006	1,315,423	18.9	40.4	-10.5
2007	1,246,538	-5.2	30.0	-10.4
2008	1,259,872	1.1	33.5	3.5
2009	1,288,353	2.3	36.3	2.8
2010	1,443,598	12.0	41.4	5.1
2011	1,467,372	1.6	55.8	14.4
2012	1,593,451	8.6	36.3	-19.5
2013	1,586,985	-0.4	30.3	-6.0
2014	1,641,847	3.5	34.1	3.8

(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.

Source: SNL Financial LC.

EARTHQUAKE INSURANCE, 2004-2013

($000)

Year	Net premiums written (1)	Annual percent change	Combined ratio (2)	Annual point change (3)
2004	$1,098,441	4.7%	48.6	-7.4 pts.
2005	1,106,671	0.7	50.9	2.3
2006	1,315,423	18.9	40.4	-10.5
2007	1,246,538	-5.2	30.0	-10.4
2008	1,259,872	1.1	33.5	3.5
2009	1,288,353	2.3	36.3	2.8
2010	1,443,598	12.0	41.4	5.1
2011	1,467,372	1.6	55.8	14.4
2012	1,593,451	8.6	36.3	-19.5
2013	1,586,985	-0.4	30.3	-6.0

(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.