MORTGAGE GUARANTY INSURANCE, 2003-2012 |
($000)
|
Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
2003 |
$4,285,447 |
7.5% |
67.6 |
9.3 pts. |
2004 |
4,323,071 |
0.9 |
75.6 |
8.0 |
2005 |
4,454,711 |
3.0 |
75.2 |
-0.4 |
2006 |
4,565,899 |
2.5 |
71.0 |
-4.2 |
2007 |
5,192,104 |
13.7 |
129.0 |
58.1 |
2008 |
5,371,878 |
3.5 |
219.8 |
90.8 |
2009 |
4,564,406 |
-15.0 |
201.9 |
-17.9 |
2010 |
4,248,798 |
-6.9 |
198.4 |
-3.6 |
2011 |
4,242,340 |
-0.2 |
219.0 |
20.7 |
2012 |
3,965,896 |
-6.5 |
189.7 |
-29.4 |
(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. |
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