HOMEOWNERS MULTIPLE PERIL INSURANCE, 2003-2012 |
($000)
|
Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
2003 |
$45,930,115 |
14.2% |
98.3 |
-10.7 pts. |
2004 |
49,980,419 |
8.8 |
96.2 |
-2.2 |
2005 |
53,010,922 |
6.1 |
105.1 |
8.9 |
2006 |
55,822,275 |
5.3 |
89.5 |
-15.6 |
2007 |
57,053,137 |
2.2 |
93.9 |
4.4 |
2008 |
57,375,139 |
0.6 |
115.4 |
21.5 |
2009 |
58,478,195 |
1.9 |
105.7 |
-9.7 |
2010 |
61,659,466 |
5.4 |
106.0 |
0.3 |
2011 |
64,131,058 |
4.0 |
121.0 |
15.0 |
2012 |
67,373,920 |
5.1 |
102.7 |
-18.3 |
(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. |
|