INLAND MARINE INSURANCE, 2003-2012

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2003 $7,784,853 10.9% 80.3 -5.7 pts.
2004 7,937,670 2.0 84.3 4.1
2005 8,248,273 3.9 90.4 6.1
2006 9,217,002 11.7 72.7 -17.7
2007 9,775,987 6.1 79.2 6.5
2008 9,408,463 -3.8 92.7 13.5
2009 8,686,660 -7.7 89.2 -3.5
2010 8,527,512 -1.8 86.0 -3.2
2011 8,768,829 2.8 97.6 11.6
2012 9,439,571 7.6 95.2 -2.4
(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.