| Ocean Marine Insurance, 2006-2015 |
($000)
|
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2006 |
$3,133,674 |
6.3% |
97.3 |
-17.2 pts. |
| 2007 |
3,261,490 |
4.1 |
113.6 |
16.3 |
| 2008 |
3,098,438 |
-5.0 |
103.2 |
-10.5 |
| 2009 |
2,941,486 |
-5.1 |
91.8 |
-11.3 |
| 2010 |
2,740,956 |
-6.8 |
96.1 |
4.3 |
| 2011 |
2,760,853 |
0.7 |
100.9 |
4.8 |
| 2012 |
2,704,665 |
-2.0 |
109.1 |
8.2 |
| 2013 |
2,863,507 |
5.9 |
98.1 |
-11.0 |
| 2014 |
2,910,377 |
1.6 |
88.2 |
-9.9 |
| 2015 |
2,831,564 |
-2.7 |
94.3 |
6.1 |
(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: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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