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. |