| MEDICAL MALPRACTICE INSURANCE, 2003-2012 |
($000)
|
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2003 |
$8,753,854 |
17.6% |
139.0 |
-0.1 pts. |
| 2004 |
9,124,240 |
4.2 |
109.0 |
-30.1 |
| 2005 |
8,619,572 |
-5.5 |
95.3 |
-13.6 |
| 2006 |
10,378,325 |
20.4 |
90.6 |
-4.7 |
| 2007 |
9,958,513 |
-4.0 |
84.7 |
-5.9 |
| 2008 |
9,521,113 |
-4.4 |
79.2 |
-5.5 |
| 2009 |
9,206,794 |
-3.3 |
85.5 |
6.3 |
| 2010 |
9,096,345 |
-1.2 |
88.9 |
3.4 |
| 2011 |
8,833,365 |
-2.9 |
88.0 |
-1.0 |
| 2012 |
8,687,643 |
-1.6 |
93.1 |
5.2 |
(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. |
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