INLAND MARINE INSURANCE, 2002-2011

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2002 $7,066,256 7.1% 83.8 -16.2 pts.
2003 7,707,912 9.1 80.5 -3.3
2004 7,853,448 1.9 82.7 2.2
2005 8,382,722 6.7 89.3 6.7
2006 9,232,384 10.1 77.5 -11.8
2007 9,740,686 5.5 79.8 2.3
2008 9,367,602 -3.8 93.3 13.6
2009 8,648,920 -7.7 89.1 -4.3
2010 8,503,440 -1.7 86.5 -2.6
2011 8,925,650 5.0 97.1 10.7

(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.