ALLIED LINES INSURANCE, 2003-2012

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2003 $6,153,924 27.2% 78.1 -8.6 pts
2004 5,979,859 -2.8 120.0 41.9
2005 5,944,151 -0.6 153.1 33.1
2006 6,593,122 10.9 94.6 -58.6
2007 6,889,750 4.5 53.5 -41.1
2008 7,691,004 11.6 128.1 74.6
2009 7,744,256 0.7 93.6 -34.5
2010 7,494,281 -3.2 98.9 5.3
2011 7,800,211 4.1 132.7 33.8
2012 8,212,687 5.3 135.0 2.3

(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.