| EARTHQUAKE INSURANCE, 2004-2013 |
($000)
|
| Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2004 |
$1,098,441 |
4.7% |
48.6 |
-7.4 pts. |
| 2005 |
1,106,671 |
0.7 |
50.9 |
2.3 |
| 2006 |
1,315,423 |
18.9 |
40.4 |
-10.5 |
| 2007 |
1,246,538 |
-5.2 |
30.0 |
-10.4 |
| 2008 |
1,259,872 |
1.1 |
33.5 |
3.5 |
| 2009 |
1,288,353 |
2.3 |
36.3 |
2.8 |
| 2010 |
1,443,598 |
12.0 |
41.4 |
5.1 |
| 2011 |
1,467,372 |
1.6 |
55.8 |
14.4 |
| 2012 |
1,593,451 |
8.6 |
36.3 |
-19.5 |
| 2013 |
1,586,985 |
-0.4 |
30.3 |
-6.0 |
(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. |
|