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.