EARTHQUAKE INSURANCE, 2000-2009

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2000 $746,739 3.1% 75.4 11.0 pts.
2001 846,785 13.4 100.7 25.4
2002 997,147 17.8 67.3 -33.5
2003 1,043,414 4.6 55.7 -11.6
2004 1,095,733 5.0 48.6 -7.1
2005 1,098,776 0.3 50.8 2.1
2006 1,306,553 18.9 35.2 -15.6
2007 1,247,776 -4.5 29.9 -5.3
2008 1,250,258 0.2 33.8 3.9
2009 1,285,813 2.8 32.5 -1.3

(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.