Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
2000 |
$834,644 |
15.0% |
96.1 |
-2.0 pts. |
2001 |
1,236,984 |
48.2 |
103.4 |
7.3 |
2002 |
2,226,403 |
80.0 |
123.9 |
20.5 |
2003 |
1,581,857 |
-29.0 |
106.8 |
-17.1 |
2004 |
2,204,523 |
39.4 |
76.0 |
-30.8 |
2005 |
2,234,632 |
1.4 |
92.1 |
16.0 |
2006 |
2,828,085 |
26.6 |
77.8 |
-14.3 |
2007 |
3,648,998 |
29.0 |
74.7 |
-3.1 |
2008 |
5,077,615 |
39.2 |
89.9 |
15.2 |
2009 |
3,962,049 |
-22.0 |
79.7 |
-10.2 |
(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. |