| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2002 |
$4,778,051 |
28.5% |
86.2 |
-65.6 pts. |
| 2003 |
6,254,400 |
30.9 |
79.6 |
-6.6 |
| 2004 |
5,969,905 |
-4.5 |
119.9 |
40.2 |
| 2005 |
5,893,879 |
-1.3 |
154.7 |
34.9 |
| 2006 |
6,554,711 |
11.2 |
93.6 |
-61.1 |
| 2007 |
6,969,706 |
6.3 |
53.7 |
-40.0 |
| 2008 |
7,708,481 |
10.6 |
128.2 |
74.6 |
| 2009 |
7,736,346 |
0.4 |
93.4 |
-34.9 |
| 2010 |
7,493,696 |
-3.1 |
99.0 |
5.6 |
| 2011 |
7,799,916 |
4.1 |
132.7 |
33.8 |
(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. |