2005 Insurance Reference Manual

Personal Insurance Federation of California Insurance Reference Book

CALIFORNIA EARTHQUAKE PREMIUMS*

1968 THROUGH 1994
FOR ALL 200-PLUS COMPANIES SELLING EARTHQUAKE INSURANCE IN CALIFORNIA

Prepared by the Personal Insurance Federation of California

All figures from Underwriters Report except 1994 Northridge earthquake loss figures which came from the Institute for Business & Home Safety & the Personal Insurance Federation.

Note: Figures are earned premium and actual losses paid. Loss adjustment expense, commissions, investment income and reinsurance costs not included. (7/94)

To view a graph of Premiums vs. Claims, click here.

1968
Prem $5,235,043
Loss 47,438

1969
Prem $5,803,067
Loss 349,587

1970
Prem $5,873,033
Loss 6,010,058

1971
Prem $4,617,963
Loss 803,220

1972
Prem $8,954,408
Loss 2,076,456

1973
Prem $10,897,163
Loss 67,069

1974
Prem $12,966,306
Loss 443,987

1975
Prem $13,841,591
Loss 13,923,426

1976
Prem $17,130,433
Loss 78,491

1977
Prem $19,759,536
Loss 140,996

1978
Prem $23,158,724
Loss 357,258

1979
Prem $28,968,085
Loss 629,168

1980
Prem $38,540,205
Loss 3,547,624

1981
Prem $50,207,836
Loss 464,452

1982
Prem $58,877,353
Loss 2,486,500

1983
Prem $70,447,511
Loss 2,043,417

1984
Prem $79,451,808
Loss 3,951,180

1985
Prem $132,871,355
Loss 1,666,021

1986
Prem $180,034,484
Loss 16,699,101

1987
Prem $208,376,248
Loss 47,608,708

1988
Prem $277,816,956
Loss 31,815,021

1989
Prem $333,597,666
Loss 433,047,282

1990
Prem $384,641,615
Loss 180,915,418

1991
Prem $427,398,658
Loss 73,678,710

1992
Prem $479,969,102
Loss 67,663,547

1993
Prem $520,960,123
Loss 13,181,001

1994
Prem $550,000,000
Loss $ 15.3 BILLION

Grand Total all Premiums Collected 1968-1994:
$3,950,396,272

Grand Total all Claims
Paid 1968-through-Northridge:
$16,203,695,136

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