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Commercial property and casualty direct premiums in United States: Stagnation in 2017

U.S. Department of the Treasury announced that compared to the previous year property insurance direct premium hasn't changed. The same as it has been for the last 2 year, the property insurance direct premium was 283 836 608 thousand US Dollars. United States saw an increase of 27.36% in property insurance direct premium during the last 8 years. Moreover, it has had the compound average annual growth rate of 0.02 percent during the last 5 years with a marginal overall rise since the start of time series. It averaged 260 609 736 thousand US Dollars from 2010 to 2017 and it reached its minimum of 222 868 720 thousand US Dollars in 2010.

Commercial property and casualty direct premiums in United States: Stagnation in 2017
Date Thousand US Dollars Variation
2017 283 836 608.00 =
2016 283 836 608.00 1.34
2015 280 072 576.00 3.27
2014 271 209 056.00 4.33
2013 259 943 104.00 5.19
2012 247 128 272.00 4.72
2011 235 982 944.00 5.88
2010 222 868 720.00 N/A

Related Statistics

Property Insurance Gross Written Premium in other Countries

Main Property Insurance Indicators

  • Property Insurance Gross Written Premium

    Total premium on insurance underwritten by a property insurer or reinsurer during a specified period, before deduction of reinsurance premium. It is the sum of the direct and assumed premium written and represents an indicator of the importance of the property insurance industry in a given country. Usually measured in millions or billions of national currency. Property insurance protects the insured against loss or damage to real or personal property from a variety of perils, including but not limited to fire, lightening, business interruption, loss of rents, glass breakage, natural catastrophe, explosion, riot, civil commotion, or damage from aircrafts or vehicles. Based on: US National Association of Insurance Commissioners.

  • Property Insurance Claims

    Requests made by the insured for insurer remittance of payment due to loss incurred and covered under the property insurance policy agreement, usually measured in millions or billions of national currency. Property insurance protects the insured against loss or damage to real or personal property from a variety of perils, including but not limited to fire, lightening, business interruption, loss of rents, glass breakage, natural catastrophe, explosion, riot, civil commotion, or damage from aircrafts or vehicles. Based on: US National Association of Insurance Commissioners.

  • Property Insurance Income

    Income generated by property insurance, usually expressed in millions or billions of national currency. Property insurance protects the insured against loss or damage to real or personal property from a variety of perils, including but not limited to fire, lightening, business interruption, loss of rents, glass breakage, natural catastrophe, explosion, riot, civil commotion, or damage from aircrafts or vehicles.