Premiums by Business Line
$ in thousands
(Unaudited)
| Three Months Ended March 31, | ||||||||||||||||||||||||||||||||
| Gross Written Premium | Net Written Premium | Net Earned Premium | ||||||||||||||||||||||||||||||
| 2018 | 2017 | Change | 2018 | 2017 | Change | 2018 | 2017 | Change | ||||||||||||||||||||||||
| Property & Casualty | ||||||||||||||||||||||||||||||||
| Personal Auto | $ | 725,212 | $ | 647,181 | 12.1% | $ | 553,997 | $ | 596,879 | (7.2)% | $ | 454,216 | $ | 454,415 | —% | |||||||||||||||||
| Homeowners | 141,287 | 114,725 | 23.2% | 92,596 | 104,545 | (11.4)% | 82,195 | 104,129 | (21.1)% | |||||||||||||||||||||||
| RV/Packaged | 49,464 | 44,754 | 10.5% | 49,189 | 44,519 | 10.5% | 45,689 | 40,650 | 12.4% | |||||||||||||||||||||||
| Small Business Auto | 86,244 | 86,376 | (0.2)% | 64,727 | 79,208 | (18.3)% | 58,562 | 63,241 | (7.4)% | |||||||||||||||||||||||
| Lender-placed insurance | 84,934 | 76,270 | 11.4% | 63,214 | 72,832 | (13.2)% | 60,469 | 83,741 | (27.8)% | |||||||||||||||||||||||
| Other | 16,125 | 10,707 | 50.6% | 8,989 | 4,255 | 111.3% | 4,476 | 4,351 | 2.9% | |||||||||||||||||||||||
| Property & Casualty | 1,103,266 | 980,013 | 12.6% | 832,712 | 902,238 | (7.7)% | 705,607 | 750,527 | (6.0)% | |||||||||||||||||||||||
| Accident & Health | 233,776 | 191,955 | 21.8% | 223,353 | 181,114 | 23.3% | 153,876 | 128,926 | 19.4% | |||||||||||||||||||||||
| Total National General | $ | 1,337,042 | $ | 1,171,968 | 14.1% | $ | 1,056,065 | $ | 1,083,352 | (2.5)% | $ | 859,483 | $ | 879,453 | (2.3)% | |||||||||||||||||
| Reciprocal Exchanges | ||||||||||||||||||||||||||||||||
| Personal Auto | $ | 34,297 | $ | 28,159 | 21.8% | $ | 13,495 | $ | 17,106 | (21.1)% | $ | 12,997 | $ | 16,117 | (19.4)% | |||||||||||||||||
| Homeowners | 62,521 | 53,327 | 17.2% | 36,808 | 24,216 | 52.0% | 32,771 | 22,538 | 45.4% | |||||||||||||||||||||||
| Other | 871 | 730 | 19.3% | 275 | 379 | (27.4)% | 287 | 377 | (23.9)% | |||||||||||||||||||||||
| Reciprocal Exchanges | $ | 97,689 | $ | 82,216 | 18.8% | $ | 50,578 | $ | 41,701 | 21.3% | $ | 46,055 | $ | 39,032 | 18.0% | |||||||||||||||||
Consolidated Total (A) | $ | 1,433,130 | $ | 1,253,383 | 14.3% | $ | 1,106,643 | $ | 1,125,053 | (1.6)% | $ | 905,538 | $ | 918,485 | (1.4)% | |||||||||||||||||
NOTES: (A) Consolidated Total includes eliminations between National General and the Reciprocal Exchanges of $(567) in Personal Auto and $(1,034) in Homeowners Gross Written Premium in 2018, respectively, and $(277) in Personal Auto and $(524) in Homeowners Gross Written Premium in 2017, respectively.
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