MEDICAL MALPRACTICE INSURANCE, 2004-2013 |
($000)
|
Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
2004 |
$9,124,240 |
4.2% |
109.0 |
-30.1 pts. |
2005 |
8,619,612 |
-5.5 |
95.3 |
-13.7 |
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 |
8,713,595 |
-1.4 |
93.1 |
5.2 |
2013 |
8,530,830 |
-2.1 |
89.4 |
-3.8 |
(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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