Archived Tables

Current Table

OCEAN MARINE INSURANCE, 2004-2013

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2004 $2,828,685 9.3% 95.5 -7.7 pts.
2005 2,948,604 4.2 114.5 19.0
2006 3,133,674 6.3 97.3 -17.2
2007 3,261,490 4.1 113.6 16.3
2008 3,098,438 -5.0 103.2 -10.5
2009 2,941,486 -5.1 91.8 -11.3
2010 2,740,956 -6.8 96.1 4.3
2011 2,760,853 0.7 100.9 4.8
2012 2,704,665 -2.0 109.1 8.2
2013 2,863,507 5.9 98.1 -11.0

(1) After reinsurance transactions, excludes 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.

 
OCEAN MARINE INSURANCE, 1999-2008

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point  change (3)
1999 $1,756,781 -5.5% 115.5 NA
2000 1,738,796 -1.0 102.6 -12.9 pts.
2001 1,979,205 13.8 104.1 1.5
2002 2,442,039 23.4 100.9 -3.2
2003 2,588,607 6.0 103.1 2.2
2004 2,828,685 9.3 95.4 -7.7
2005 2,948,349 4.2 114.5 19.0
2006 3,133,418 6.3 97.3 -17.2
2007 3,261,221 4.1 113.6 16.3
2008 3,097,229 -5.0 103.1 -10.4

(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.

NA=Data not available.

Source: National Association of Insurance Commissioners (NAIC) Annual Statement Database, via Highline Data, LLC. Copyrighted information. No portion of this work may be copied or redistributed without the express written permission of Highline Data, LLC.

 
OCEAN MARINE INSURANCE, 2000-2009

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2000 $1,723,715 -2.0% 102.1 -13.5 pts.
2001 1,966,429 14.1 102.2 0.0
2002 2,435,450 23.9 99.9 -2.3
2003 2,588,567 6.3 104.2 4.3
2004 2,821,939 9.0 96.8 -7.4
2005 2,879,639 2.0 117.9 21.1
2006 3,131,826 8.8 97.5 -20.4
2007 3,258,168 4.0 114.1 16.5
2008 3,094,266 -5.0 102.8 -11.3
2009 2,935,712 -5.1 91.4 -11.4

(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.

 
OCEAN MARINE INSURANCE, 2001-2010

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2001 $1,966,429 14.1% 102.2 0.0 pts.
2002 2,435,450 23.9 99.9 -2.3
2003 2,588,567 6.3 104.2 4.3
2004 2,821,939 9.0 96.8 -7.4
2005 2,879,639 2.0 117.9 21.1
2006 3,131,826 8.8 97.5 -20.4
2007 3,258,168 4.0 114.1 16.5
2008 3,094,266 -5.0 102.8 -11.3
2009 2,935,712 -5.1 91.4 -11.4
2010 2,738,879 -6.7 96.1 4.8

(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.

 
OCEAN MARINE INSURANCE, 2002-2011

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2002 $2,435,450 23.9% 99.9 -2.3 pts.
2003 2,588,567 6.3 104.2 4.2
2004 2,821,939 9.0 96.8 -7.4
2005 2,879,639 2.0 117.9 21.1
2006 3,131,826 8.8 97.5 -20.4
2007 3,258,168 4.0 114.1 16.6
2008 3,094,254 -5.0 102.8 -11.3
2009 2,935,712 -5.1 91.4 -11.4
2010 2,738,880 -6.7 96.1 4.8
2011 2,758,524 0.7 100.5 4.4

(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.

 
OCEAN MARINE INSURANCE, 2003-2012

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2003 $2,588,607 3.5% 103.2 0.5 pts.
2004 2,828,685 9.3 95.5 -7.7
2005 2,948,604 4.2 114.5 19.0
2006 3,133,674 6.3 97.3 -17.2
2007 3,261,490 4.1 113.6 16.3
2008 3,098,438 -5.0 103.2 -10.5
2009 2,941,486 -5.1 91.8 -11.3
2010 2,740,956 -6.8 96.1 4.3
2011 2,760,853 0.7 100.9 4.8
2012 2,704,073 -2.1 109.2 8.3

(1) After reinsurance transactions, excludes 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.