PRODUCTS LIABILITY INSURANCE, 2000-2009

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2000 $1,404,819 -11.0% 133.5 -23.6 pts.
2001 2,006,433 42.8 215.2 81.7
2002 1,776,434 -11.5 354.9 139.7
2003 2,711,952 52.7 167.1 -187.7
2004 3,364,997 24.1 153.1 -14.0
2005 3,525,584 4.8 124.2 -29.0
2006 3,616,544 2.6 84.8 -39.4
2007 3,304,030 -8.6 101.4 16.7
2008 2,777,568 -15.9 124.9 23.5
2009 2,365,985 -14.8 123.0 -1.9

(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.