| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2001 |
$3,734,987 |
9.8% |
52.0 |
4.7 pts. |
| 2002 |
3,980,889 |
6.6 |
58.2 |
6.2 |
| 2003 |
4,315,463 |
8.4 |
67.5 |
9.3 |
| 2004 |
4,316,131 |
0.0 |
75.0 |
7.5 |
| 2005 |
4,429,402 |
2.6 |
71.8 |
-3.2 |
| 2006 |
4,563,852 |
3.0 |
71.8 |
-0.1 |
| 2007 |
5,189,894 |
13.7 |
129.5 |
57.7 |
| 2008 |
5,367,720 |
3.4 |
219.9 |
90.4 |
| 2009 |
4,570,092 |
-14.9 |
202.4 |
-17.5 |
| 2010 |
4,246,677 |
-7.1 |
199.0 |
-3.4 |
(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. |