| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2002 |
$2,596,750 |
35.7% |
29.2 |
3.4 pts. |
| 2003 |
3,506,363 |
35.0 |
24.8 |
-4.4 |
| 2004 |
3,118,566 |
-11.1 |
39.7 |
14.9 |
| 2005 |
3,006,829 |
-3.6 |
34.1 |
-5.6 |
| 2006 |
3,075,577 |
2.3 |
38.8 |
4.7 |
| 2007 |
3,038,967 |
-1.2 |
155.8 |
117.0 |
| 2008 |
3,171,561 |
4.4 |
422.5 |
266.7 |
| 2009 |
1,793,428 |
-43.5 |
101.2 |
-321.4 |
| 2010 |
1,371,908 |
-23.5 |
227.3 |
126.1 |
| 2011 |
968,899 |
-29.4 |
218.8 |
-8.5 |
(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. |