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COMMERCIAL AUTOMOBILE INSURANCE, 2000-2009

($000)

  Liability Collision/comprehensive
Year Net premiums
written (1)
Annual percent
change
Combined
ratio (2)
Annual point
change (3)
Net premiums
written (1)
Annual percent
change
Combined
ratio (2)
Annual point
change (3)
2000 $13,565,391 4.6% 120.0 -0.7 pts. $5,987,674 11.2% 105.9 -5.7 pts.
2001 15,269,118 12.6 122.7 2.7 6,471,973 8.1 101.6 -4.3
2002 17,235,300 12.9 108.2 -14.4 7,336,316 13.4 93.8 -7.8
2003 18,420,296 6.9 99.5 -8.7 7,006,148 -4.5 84.6 -9.2
2004 19,560,068 6.2 96.8 -2.8 7,150,723 2.1 83.0 -1.6
2005 19,737,841 0.9 93.5 -3.2 6,945,611 -2.9 88.0 5.1
2006 19,771,985 0.2 94.2 0.6 7,000,097 0.8 87.8 -0.2
2007 18,964,860 -4.1 95.5 1.3 6,653,862 -4.9 91.1 3.3
2008 17,832,636 -6.0 97.5 2.0 5,990,259 -10.0 94.8 3.7
2009 16,574,524 -7.1 100.3 2.8 5,348,171 -10.7 96.9 2.2

(1) After reinsurance transactions, excluding 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.