CREDIT INSURANCE, 2004-2013

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2004 $806,381 25.9% 96.9 4.5 pts.
2005 936,108 16.1 81.1 -15.8
2006 1,090,145 16.5 86.0 4.9
2007 1,405,444 28.9 129.3 43.4
2008 1,413,313 0.6 171.0 41.6
2009 1,224,474 -13.4 140.8 -30.2
2010 1,344,766 9.8 127.2 -13.6
2011 1,490,135 10.8 94.5 -32.7
2012 1,457,796 -2.2 91.3 -3.2
2013 1,167,315 -19.9 74.9 -16.4
(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.