| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2002 |
$7,066,256 |
7.1% |
83.8 |
-16.2 pts. |
| 2003 |
7,707,912 |
9.1 |
80.5 |
-3.3 |
| 2004 |
7,853,448 |
1.9 |
82.7 |
2.2 |
| 2005 |
8,382,722 |
6.7 |
89.3 |
6.7 |
| 2006 |
9,232,384 |
10.1 |
77.5 |
-11.8 |
| 2007 |
9,740,686 |
5.5 |
79.8 |
2.3 |
| 2008 |
9,367,602 |
-3.8 |
93.3 |
13.6 |
| 2009 |
8,648,920 |
-7.7 |
89.1 |
-4.3 |
| 2010 |
8,503,440 |
-1.7 |
86.5 |
-2.6 |
| 2011 |
8,925,650 |
5.0 |
97.1 |
10.7 |
(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. |