| BOILER AND MACHINERY INSURANCE, 2003-2012 |
($000)
|
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2003 |
$1,591,987 |
13.1% |
68.4 |
-5.3 pts. |
| 2004 |
1,572,195 |
-1.2 |
67.1 |
-1.3 |
| 2005 |
1,582,964 |
0.7 |
60.2 |
-6.9 |
| 2006 |
1,675,347 |
5.8 |
73.1 |
12.9 |
| 2007 |
1,741,099 |
3.9 |
73.1 |
(4) |
| 2008 |
1,728,595 |
-0.7 |
87.7 |
14.6 |
| 2009 |
1,803,376 |
4.3 |
71.7 |
-16.1 |
| 2010 |
1,721,764 |
-4.5 |
71.5 |
-0.2 |
| 2011 |
1,810,941 |
5.2 |
75.0 |
3.5 |
| 2012 |
1,887,625 |
4.2 |
80.8 |
5.8 |
(1) After reinsurance transactions, excludes 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.
(4) Less than 0.1 point.
Source: SNL Financial LC. |
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