| SURETY BONDS, 2003-2012 |
($000)
|
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2003 |
$3,376,967 |
3.5% |
121.1 |
10.0 pts. |
| 2004 |
3,802,893 |
12.6 |
120.6 |
-0.5 |
| 2005 |
3,817,496 |
0.4 |
102.1 |
-18.5 |
| 2006 |
4,434,780 |
16.2 |
81.5 |
-20.6 |
| 2007 |
4,779,117 |
7.8 |
72.2 |
-9.3 |
| 2008 |
4,960,250 |
3.8 |
67.0 |
-5.2 |
| 2009 |
4,835,409 |
-2.5 |
79.5 |
12.6 |
| 2010 |
4,851,328 |
0.3 |
70.7 |
-8.8 |
| 2011 |
4,849,480 |
(4) |
72.9 |
2.2 |
| 2012 |
4,685,907 |
-3.4 |
76.8 |
3.9 |
(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.
(4) Less than 0.1 percent.
Source: SNL Financial LC. |
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