Summary:  ISO has recently released industry results for 2021, as compared to 2020. The results are based off of data representing an estimated  96% or greater of total premiums for private insurers, from ISO and the American Property Casualty Insurance Association. All results are calculated net of reinsurance.

A brief synopsis of the results follows:

Category Increase/Decrease 2021 2020 Comments
Net Income after tax +1.6 billion 61.9b 60.3b ISO estimates insurers' net loss and LAE from all catastrophes declined to 56.3B from 61.4B in 2020
Pre-tax operating income -4..4 billion 54.0b 58.5b Contributions: Underwriting net loss of 3.8b, investment income of 54.3b (up 5% from 51.7 b 2020), and miscellaneous other income of 3.5b. Net investiment gains of 71..2b, a 14.4% increase from 62.2b 2020
Capital gains +6,4b 16.9b 10.5b An increase of 60.6%, includes 18.3b from asset sales
Income taxes +0.3b 9.0b 8.7b Tax rat ratio (taxes to operating income) up 16.7 percentage points from 14.9 percentage points 2020
Statutory ROR on average surplus 6.4% 6.9% Results excluding mortgage and financial guaranty insurers: 6,2%, down from 6.9% 2020
 Net Written Premium +60.2b 710.6b 650.4b  An increase of +9.2%. ISO direct written premium estimates were up 2.3% in 2020 but increased to 9.4% in 2021
 Earned Premium  +47.3b 685..0b 637.7b  Increase of 7.4% over 2020
Incurred loss and LAE +49.8b 496.9b 447.1b Increase of 11.1% over 2020
Combined ratio -.9% 99.6% 98.6% Results excluding mortgage and financial guaranty insurers, an increase of 1.2%, to 99.9% 2021, from 98.6% 2020
Personal Lines premium  +15.5b 294.5b 279.0b Increase of 5.6% over 2020
Personal Lines combined ratio  +6,9% 102.7% 95.7%
Balanced insurer premiums +6.8b 134.2b 127.4b Increase of 5.4% over 2020
Balanced combined ratio -.2% 100.7% 100.9%
Commercial Lines premium  +37.8b  281.9b 244.1b  Increase of 15.5% over 2020
Commercial Lines combined ratio  -5.2%  95.6%  100,8%

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