| 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. |