1. Les Rendez-Vous de Septembre Monte-Carlo 2002 Overview of the United States Insurance Industry in 2001 Debra Ballen American Insurance Association

2. United States Insurance Industry Performance  All Property-Casualty Lines Performance  Total Automobile Performance  Private Passenger Automobile Performance  Homeowners Performance  Medical Malpractice Performance  Other Liability Performance

3. Combined Ratio and Profit on Insurance Transactions Combined Ratio = Incurred Losses + Expenses Direct Premiums Earned All Lines Performance Source: NAIC Profitability Reports *2001 Estimated

4. Combined Ratio and Profit on Insurance Transactions Total Automobile Performance Combined Ratio = Incurred Losses + Expenses Direct Premiums Earned Source: NAIC Profitability Reports *2001 Estimated

5. Combined Ratio and Profit on Insurance Transactions Private Passenger Auto Performance Combined Ratio = Incurred Losses + Expenses Direct Premiums Earned Source: NAIC Profitability Reports *2001 Estimated

6. Combined Ratio and Profit on Insurance Transactions Homeowners Performance Combined Ratio = Incurred Losses + Expenses Direct Premiums Earned Source: NAIC Profitability Reports *2001 Estimated

7. Combined Ratio and Profit on Insurance Transactions Medical Malpractice Performance Combined Ratio = Incurred Losses + Expenses Direct Premiums Earned Source: NAIC Profitability Reports *2001 Estimated

8. Combined Ratio and Profit on Insurance Transactions Other Liability Performance Combined Ratio = Incurred Losses + Expenses Direct Premiums Earned Source: NAIC Profitability Reports *2001 Estimated

9. All Property- Casualty Lines Change in GDP Compared to Change in P/C Losses Source: NAIC Profitability Reports *2001 Estimated