Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
2002 |
$1,776,434 |
-11.9% |
354.9 |
140.0 pts. |
2003 |
2,711,952 |
52.7 |
167.1 |
-187.7 |
2004 |
3,364,997 |
24.1 |
153.1 |
-14.0 |
2005 |
3,525,584 |
4.8 |
124.2 |
-29.0 |
2006 |
3,616,544 |
2.6 |
84.8 |
-39.4 |
2007 |
3,304,030 |
-8.6 |
101.4 |
16.7 |
2008 |
2,777,568 |
-15.9 |
124.9 |
23.4 |
2009 |
2,365,986 |
-14.8 |
123.0 |
-1.9 |
2010 |
2,050,510 |
-13.3 |
157.1 |
34.1 |
2011 |
2,320,518 |
13.2 |
158.8 |
1.7 |
(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. |