COMMERCIAL MULTIPLE PERIL INSURANCE, 2001-2010
Total ($000)
Year Net premiums written (1) Annual percent change Year Net premiums written (1) Annual percent change
2001 $22,228,778 12.4% 2006 $31,778,223 7.2%
2002 25,420,947 14.4 2007 31,176,150 -1.9
2003 27,341,259 7.6 2008 30,223,949 -3.1
2004 29,049,443 6.2 2009 28,866,752 -4.5
2005 29,632,702 2.0 2010 28,847,005 -0.1
      
Nonliability Portion ($000)
Year Net premiums
written (1)
Annual percent
change
Combined
ratio (2)
Annual
point
change (3)
Year Net premiums
written (1)
Annual percent
change
Combined
ratio (2)
Annual
point
change (3)
2001 $12,962,023 12.7% 116.6 1.6 pts. 2006 $18,353,917 4.0% 83.9 -10.0 pts.
2002 15,171,942 17.0 99.5 -17.1 2007 18,210,567 -0.8 89.9 6.0
2003 16,279,252 7.3 89.0 -10.4 2008 18,152,673 -0.3 108.2 18.3
2004 16,949,099 4.1 97.8 8.7 2009 17,841,135 -1.7 99.0 -9.2
2005 17,651,824 4.1 93.9 -3.9 2010 18,144,460 1.7 103.2 4.2
          
Liability Portion ($000)
Year Net premiums
written (1)
Annual percent
change
Combined
ratio (2)
Annual
point
change (3)
Year Net premiums
written (1)
Annual percent
change
Combined
ratio (2)
Annual
point
change (3)
2001 $9,266,755 12.0% 120.9 6.0 pts. 2006 $13,424,306 12.0% 105.3 3.3 pts.
2002 10,249,005 10.6 113.1 -7.8 2007 12,965,583 -3.4 95.4 -9.9
2003 11,062,007 7.9 116.2 3.1 2008 12,071,276 -6.9 97.7 2.3
2004 12,100,344 9.4 105.0 -11.1 2009 11,025,617 -8.7 94.2 -3.5
2005 11,980,878 -1.0 102.0 -3.0 2010 10,702,545 -2.9 96.1 2.0

(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.