BOILER AND MACHINERY INSURANCE, 2002-2011

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2002 $1,410,205 30.7% 74.4 -16.3 pts.
2003 1,591,870 12.9 68.4 -6.0
2004 1,572,452 -1.2 66.5 -2.0
2005 1,583,856 0.7 60.5 -6.0
2006 1,675,348 5.8 73.1 12.6
2007 1,741,332 3.9 73.1 -0.1
2008 1,729,073 -0.7 87.7 14.7
2009 1,801,949 4.2 71.7 -16.1
2010 1,718,322 -4.6 71.6 -0.1
2011 1,806,638 5.1 74.8 3.2

(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.