FINANCIAL GUARANTY INSURANCE, 1999-2008
Year Net premiums written (1)  Annual percent change Combined ratio (2) Annual point change (3) 
1999 $1,397,807 32.6% 30.1 -10.7 pts. 
2000 1,053,211 -24.7 43.3 13.2
2001 1,219,399 15.8 30.5 -12.8
2002 1,834,174 50.4 36.5 5.9
2003 2,507,763 36.7 29.4 -7.0
2004 2,133,599 -14.9 44.3 14.9
2005 2,014,467 -5.6 29.8 -14.5
2006 2,163,324 7.4 47.7 17.8
2007 3,038,889 40.5 152.4 104.8
2008 3,171,560 4.4 421.4 268.9

(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: National Association of Insurance Commissioners (NAIC) Annual Statement Database, via Highline Data, LLC. Copyrighted information. No portion of this work may be copied or redistributed without the express written permission of Highline Data, LLC.