Facts & Articles On The Different Types Of Insurance

SNL Financial Publishes 2007 Statutory Insurance Data

Charlottesville, VA (Vocus) March 10, 2008 -- SNL Financial, the leading sector-focused provider of essential business intelligence to financial institutions, today made available to clients 2007 annual statutory insurance data for early-filing companies. Included with the release is detailed financial data on each filer, data by state and line of business, Schedule P loss triangle data and summary investment data, with hundreds of ratios, snapshots and analytics to facilitate analysis of this robust dataset. Importantly, SNL also intends to make consolidated insurance group data available in the coming weeks.

Out of an expected 2,749 Property & Casualty (P&C) filers, SNL released data on 2,433, or 89%, along with 88% of the 819 expected Life & Annuity filers and 64% of the expected 762 Health filers. SNL?s statutory insurance release includes 2007 annual data on 98 of the 100 largest P&C filers and 87 of the 100 largest Life companies based on upon year-end 2006 net premiums written.

Thanks to a relatively benign year for catastrophes and favorable loss experience, P&C companies appeared to have enjoyed a net underwriting profit for the third time over the past four years. 2007 marks only the third year of underwriting profits since 1978. The average combined ratio for the early reporters was 95.0%, compared with 92.4% in 2006. Average return on equity (pre-tax operating income divided by average capital & surplus) for the group declined to 13.2% from 16.4% a year ago in part from a 7% increase in policyholders? surplus year-over-year.

Results were slightly more favorable for the life industry relative to 2006. The early life reporters generated an average return on equity of 15.8% in 2007, compared with 15.6% in 2006. Early health filers reported weaker but still impressive results with an average return on average equity of 21.5%, down from 25.5% in 2006.

?We?re happy to provide our clients with such an early detailed look at the statutory insurance data,? said Jonathan Wright, SNL?s Associate Director, Statutory Insurance. ?This initial release provides comprehensive data on early reporting insurance operating companies. We anticipate beginning to publish statutory data at the group level over the next several weeks.?

SNL is the only information provider that provides clients with a comprehensive insurance offering, marrying the statutory data with public insurance company data, insurance mergers & acquisitions data, proprietary news, documents and more.

SNL's statutory insurance data is available exclusively as part of SNL Unlimited service for Financial Institutions. To find out more about SNL Unlimited, contact sales@snl.com or call 866-296-3743.

About SNL Financial:

SNL collects, standardizes and disseminates all relevant corporate, financial, market and M&A data -- plus news and analysis -- for the Energy, Banking, Specialized Financial Services, Insurance, Real Estate and Media & Communications industries. For more information, visit www.SNL.com.

Contact:

Richard Wilkes

Director of Marketing

Tel. 434.951.7715

rwilkes @ snl.com

SNL Financial

One SNL Plaza

Charlottesville, VA

22902

434.977.1600

Other office locations: Ahmedabad, India; Arlington, VA; Boston, MA; Islamabad, Pakistan; Jersey City, NJ; London, England; Monterey, CA; New York, NY.

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