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:

CategoryIncrease/Decrease20212020Comments
Net Income after tax+1.6 billion61.9b60.3bISO estimates insurers' net loss and LAE from all catastrophes declined to 56.3B from 61.4B in 2020
Pre-tax operating income-4..4 billion54.0b58.5bContributions: 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+6,4b16.9b10.5bAn increase of 60.6%, includes 18.3b from asset sales
Income taxes+0.3b9.0b8.7bTax rat ratio (taxes to operating income) up 16.7 percentage points from 14.9 percentage points 2020
Statutory ROR on average surplus6.4%6.9%Results excluding mortgage and financial guaranty insurers: 6,2%, down from 6.9% 2020
 Net Written Premium+60.2b710.6b650.4b 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 +47.3b685..0b637.7b Increase of 7.4% over 2020
Incurred loss and LAE+49.8b496.9b447.1bIncrease 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 +15.5b294.5b279.0bIncrease of 5.6% over 2020
Personal Lines combined ratio +6,9%102.7%95.7%
Balanced insurer premiums+6.8b134.2b127.4bIncrease of 5.4% over 2020
Balanced combined ratio-.2%100.7%100.9%
Commercial Lines premium +37.8b 281.9b244.1b Increase of 15.5% over 2020
Commercial Lines combined ratio -5.2% 95.6% 100,8%

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