Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
2002 |
$1,794,887 |
9.5% |
107.6 |
-6.6 pts. |
2003 |
2,109,345 |
17.5 |
97.5 |
-10.0 |
2004 |
2,108,202 |
-0.1 |
92.0 |
-5.5 |
2005 |
2,263,640 |
7.4 |
95.3 |
3.3 |
2006 |
2,307,895 |
2.0 |
101.1 |
5.8 |
2007 |
2,424,125 |
5.0 |
98.0 |
-3.1 |
2008 |
2,582,957 |
6.6 |
119.5 |
21.5 |
2009 |
2,608,684 |
1.0 |
107.7 |
-11.8 |
2010 |
2,751,274 |
5.5 |
108.2 |
0.4 |
2011 |
2,931,489 |
6.6 |
117.2 |
9.0 |
(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. |