| PRIVATE PASSENGER AUTOMOBILE INSURANCE, 2005-2014 |
($000)
|
| |
Liability |
Collision/comprehensive |
| Year |
Net premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual
point
change (3) |
Net premiums
written (1) |
Annual
percent
change |
Combined
ratio (2) |
Annual point
change (3) |
| 2005 |
$94,384,329 |
1.6% |
98.4 |
-0.4 pts. |
$64,882,303 |
0.3% |
90.7 |
3.7 pts. |
| 2006 |
95,325,685 |
1.0 |
98.6 |
0.2 |
65,125,977 |
0.4 |
91.4 |
0.7 |
| 2007 |
94,974,640 |
-0.4 |
101.8 |
3.1 |
64,700,792 |
-0.7 |
93.4 |
2.0 |
| 2008 |
94,545,647 |
-0.5 |
103.5 |
1.7 |
64,054,581 |
-1.0 |
95.8 |
2.4 |
| 2009 |
94,990,682 |
0.5 |
106.2 |
2.7 |
62,630,693 |
-2.2 |
93.0 |
-2.8 |
| 2010 |
97,672,826 |
2.8 |
105.9 |
-0.3 |
62,595,851 |
-0.1 |
93.4 |
0.4 |
| 2011 |
100,369,441 |
2.8 |
103.8 |
-2.1 |
62,948,280 |
0.6 |
99.6 |
6.3 |
| 2012 |
103,429,677 |
3.0 |
103.2 |
-0.6 |
64,619,667 |
2.7 |
100.2 |
0.6 |
| 2013 |
107,446,382 |
3.9 |
103.6 |
0.4 |
67,452,663 |
4.4 |
98.7 |
-1.5 |
| 2014 |
112,328,916 |
4.5 |
103.8 |
0.2 |
71,087,058 |
5.4 |
100.2 |
1.5 |
(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 numbers.
Source: SNL Financial LC. |
|