| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2002 |
$7,366,524 |
19.0% |
141.9 |
-11.6 pts. |
| 2003 |
8,729,912 |
18.5 |
138.7 |
-3.3 |
| 2004 |
9,124,240 |
4.5 |
109.9 |
-28.8 |
| 2005 |
9,982,568 |
9.4 |
100.3 |
-9.5 |
| 2006 |
10,395,927 |
4.1 |
90.8 |
-9.6 |
| 2007 |
9,953,517 |
-4.3 |
84.9 |
-5.9 |
| 2008 |
9,521,116 |
-4.3 |
79.3 |
-5.6 |
| 2009 |
9,206,649 |
-3.3 |
85.5 |
6.3 |
| 2010 |
9,095,726 |
-1.2 |
88.9 |
3.4 |
| 2011 |
8,854,332 |
-2.7 |
87.9 |
-1.0 |
(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. |