| COMMERCIAL AUTOMOBILE INSURANCE, 2003-2012 |
($000)
|
| |
Liability |
Collision/comprehensive |
| Year |
Net premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
Net premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
| 2003 |
$18,431,918 |
6.8% |
99.6 |
-8.5 pts. |
$7,014,218 |
-4.3% |
83.8 |
-9.9 pts. |
| 2004 |
19,566,628 |
6.2 |
96.9 |
-2.7 |
7,148,629 |
1.9 |
83.0 |
-0.7 |
| 2005 |
19,766,618 |
1.0 |
92.0 |
-4.9 |
6,929,335 |
-3.1 |
88.1 |
5.1 |
| 2006 |
19,704,282 |
-0.3 |
95.7 |
3.7 |
6,949,388 |
0.3 |
88.4 |
0.3 |
| 2007 |
18,803,425 |
-4.6 |
95.4 |
-0.3 |
6,630,652 |
-4.6 |
91.0 |
2.5 |
| 2008 |
17,833,085 |
-5.2 |
97.4 |
2.0 |
5,989,108 |
-9.7 |
94.7 |
3.7 |
| 2009 |
16,581,981 |
-7.0 |
100.6 |
3.1 |
5,347,981 |
-10.7 |
96.9 |
2.3 |
| 2010 |
16,249,433 |
-2.0 |
97.1 |
-3.5 |
4,870,380 |
-8.9 |
101.6 |
4.7 |
| 2011 |
16,382,082 |
0.8 |
101.1 |
4.0 |
4,647,376 |
-4.6 |
112.0 |
10.4 |
| 2012 |
16,784,737 |
2.5 |
106.4 |
5.3 |
5,083,895 |
9.4 |
109.0 |
-3.0 |
(1) After reinsurance transactions, excludes state funds.
(2) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(3) Calculated from unrounded data.
Source: SNL Financial LC. |
|