| Surety Bonds, 2006-2015 |
($000)
|
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2006 |
$4,434,780 |
16.2% |
81.5 |
-20.6 pts. |
| 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 |
4,695,782 |
-3.2 |
76.8 |
3.9 |
| 2013 |
4,868,847 |
3.7 |
72.7 |
-4.0 |
| 2014 |
5,000,382 |
2.7 |
70.6 |
-2.1 |
| 2015 |
5,139,866 |
2.8 |
73.8 |
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 numbers.
(4) Less than 0.1 percent.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
|