OCEAN MARINE INSURANCE, 2002-2011

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2002 $2,435,450 23.9% 99.9 -2.3 pts.
2003 2,588,567 6.3 104.2 4.2
2004 2,821,939 9.0 96.8 -7.4
2005 2,879,639 2.0 117.9 21.1
2006 3,131,826 8.8 97.5 -20.4
2007 3,258,168 4.0 114.1 16.6
2008 3,094,254 -5.0 102.8 -11.3
2009 2,935,712 -5.1 91.4 -11.4
2010 2,738,880 -6.7 96.1 4.8
2011 2,758,524 0.7 100.5 4.4

(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.