| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2003 |
$640,580 |
-11.0% |
92.3 |
-9.9 pts. |
| 2004 |
806,381 |
25.9 |
96.9 |
4.5 |
| 2005 |
936,108 |
16.1 |
81.1 |
-15.8 |
| 2006 |
1,090,145 |
16.5 |
86.0 |
4.9 |
| 2007 |
1,405,444 |
28.9 |
129.3 |
43.4 |
| 2008 |
1,413,313 |
0.6 |
171.0 |
41.6 |
| 2009 |
1,224,474 |
-13.4 |
140.8 |
-30.2 |
| 2010 |
1,344,766 |
9.8 |
127.2 |
-13.6 |
| 2011 |
1,490,135 |
10.8 |
94.5 |
-32.7 |
| 2012 |
1,457,796 |
-2.2 |
91.3 |
-3.2 |
(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. |