BOILER AND MACHINERY INSURANCE, 2003-2012

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2003 $1,591,987 13.1% 68.4 -5.3 pts.
2004 1,572,195 -1.2 67.1 -1.3
2005 1,582,964 0.7 60.2 -6.9
2006 1,675,347 5.8 73.1 12.9
2007 1,741,099 3.9 73.1 (4)
2008 1,728,595 -0.7 87.7 14.6
2009 1,803,376 4.3 71.7 -16.1
2010 1,721,764 -4.5 71.5 -0.2
2011 1,810,941 5.2 75.0 3.5
2012 1,887,625 4.2 80.8 5.8
(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. (4) Less than 0.1 point. Source: SNL Financial LC.