For the years ended December 31,
2002 |
2003 |
2004 |
2005 |
2006 |
|
| $2,655 |
$3,590 |
$3,853 |
$3,616 |
$3,689 |
Net premiums written |
| 2,670 |
3,873 |
4,166 |
4,206 |
4,187 |
Total revenues |
| 190 |
468 |
492 |
(51) |
749 |
Net income (loss) |
|
Earnings (loss) per common share: |
| $3.60 |
$6.65 |
$7.27 |
$(4.42) |
$11.56 |
Diluted operating earnings (loss) per common share |
| 3.28 |
8.13 |
8.71 |
(1.56) |
12.37 |
Diluted net income (loss) per common share |
| 12.5% |
19.6% |
17.0% |
(8.6)% |
26.0% |
Operating return on beginning common shareholders' equity |
| 11.4% |
24.0% |
20.4% |
(3.0)% |
27.8% |
Return on beginning common shareholders' equity calculated with net income |
|
Non-life ratios: |
| 69.3% |
65.6% |
65.4% |
86.9% |
55.1% |
Loss ratio |
| 22.0% |
22.2% |
23.0% |
23.1% |
23.1% |
Acquisition ratio |
| 5.5% |
5.5% |
5.9% |
5.9% |
6.4% |
Other overhead expense ratio |
| 96.8% |
93.3% |
94.3% |
115.9% |
84.6% |
Combined ratio |
At December 31,
2002
|
2003 |
2004 |
2005 |
2006 |
|
| $8,548 |
$10,903 |
$12,680 |
$13,744 |
$14,948 |
Total assets |
| 2,077 |
2,594 |
3,352 |
3,093 |
3,786 |
Total shareholders' equity |
| 34.02 |
42.48 |
50.99 |
44.57 |
56.07 |
Diluted book value per common and common share equivalents |
| 2,714 |
3,120 |
3,398 |
3,725 |
4,054 |
Market capitalization |