NAIC Releases 2016 Profitability Report
Report contains key ratios on profitability results for the property and casualty insurance industry on a countrywide and state basis

WASHINGTON (Dec. 18, 2017) —The National Association of Insurance Commissioners (NAIC) today released the Report on Profitability by Line by State in 2016. The report estimates and allocates profitability in property/casualty insurance by state and by line of insurance. The ability to analyze results on a by state by line basis enhances transparency on the financial impact the economic climate has had on each of these lines. When combined with other information, the report can be utilized in further analysis of competition and market performance.

The Report on Profitability By Line By State in 2016 pools calendar year data from exhibits of the annual statement to develop estimates of profits on earned premium and the return on net worth by line and by state.

The report also shows the various components of estimated profits including: premiums earned; losses incurred; loss adjustment expense; general expenses; selling expenses; state taxes, licenses and fees; dividends to policyholders; changes in premium deficiency reserves; underwriting profits; investment income and federal income taxes. As fluctuations in calendar year financial results occur, long-term historical averages are also provided.

The complete report is available through NAIC Publications.

About the NAIC

The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer review, and coordinate their regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally. NAIC members, together with the central resources of the NAIC, form the national system of state-based insurance regulation in the U.S. For more information, visit

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