| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2002 |
$2,226,403 |
80.0% |
123.9 |
20.5 pts. |
| 2003 |
1,581,857 |
-29.0 |
106.8 |
-17.1 |
| 2004 |
2,204,523 |
39.4 |
76.0 |
-30.8 |
| 2005 |
2,234,632 |
1.4 |
92.1 |
16.0 |
| 2006 |
2,824,770 |
26.4 |
77.9 |
-14.1 |
| 2007 |
3,648,998 |
29.2 |
74.7 |
-3.2 |
| 2008 |
5,077,615 |
39.2 |
89.9 |
15.2 |
| 2009 |
3,962,049 |
-22.0 |
79.7 |
-10.2 |
| 2010 |
3,501,631 |
-11.6 |
73.9 |
-5.9 |
| 2011 |
5,456,991 |
55.8 |
90.6 |
16.7 |
(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. |