| FIDELITY BONDS, 2003-2012 |
($000)
|
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2003 |
$1,191,819 |
15.9% |
70.9 |
-34.2 pts. |
| 2004 |
1,309,344 |
9.9 |
79.8 |
8.9 |
| 2005 |
1,216,647 |
-7.1 |
85.1 |
5.3 |
| 2006 |
1,240,822 |
2.0 |
87.2 |
2.1 |
| 2007 |
1,239,760 |
-0.1 |
76.5 |
-10.7 |
| 2008 |
1,140,617 |
-8.0 |
84.2 |
7.7 |
| 2009 |
1,098,372 |
-3.7 |
105.4 |
21.2 |
| 2010 |
1,082,534 |
-1.4 |
95.8 |
-9.6 |
| 2011 |
1,098,225 |
1.4 |
102.0 |
6.2 |
| 2012 |
1,096,345 |
-0.2 |
99.4 |
-2.6 |
(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. |
|