Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
2000 |
$5,642,255 |
9.5% |
132.4 |
3.7 pts. |
2001 |
6,164,040 |
9.2 |
153.7 |
21.3 |
2002 |
7,366,524 |
19.5 |
141.9 |
-11.8 |
2003 |
8,729,912 |
18.5 |
138.7 |
-3.3 |
2004 |
9,124,240 |
4.5 |
109.9 |
-28.8 |
2005 |
9,982,528 |
9.4 |
100.3 |
-9.5 |
2006 |
10,395,927 |
4.1 |
90.8 |
-9.6 |
2007 |
9,953,517 |
-4.3 |
84.9 |
-5.9 |
2008 |
9,521,116 |
-4.3 |
79.3 |
-5.6 |
2009 |
9,206,180 |
-3.3 |
85.5 |
6.3 |
(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. |