Line of Business Details: Nine Months Ended September 30, 2015 20 Commercial Lines Personal Lines Homeowners Nine Months Ended Other Low-value Wind- Corporate September 30, 2015 CMP Liability Auto Other Total Dwelling exposed Auto Total & Other Total Gross written premiums $ 29,840 $ 9,704 $ 8,510 $ 2,669 $ 50,723 $ 5,119 $ 11,595 $ 1,068 $ 17,782 $ 0 $ 68,505 Net written premiums $ 24,859 $ 8,441 $ 7,468 $ 2,396 $ 43,164 $ 4,196 $ 9,779 $ 1,068 $ 15,043 $ 0 $ 58,207 Net earned premiums $ 21,049 $ 5,269 $ 5,673 $ 1,788 $ 33,779 $ 4,409 $ 6,706 $ 2,597 $ 13,712 $ 0 $ 47,491 Other income 308 737 19 0 1,064 165 101 85 351 77 1,492 Segment revenue 21,357 6,006 5,692 1,788 34,843 4,574 6,807 2,682 14,063 77 48,983 Loss and loss adjustment expenses, net 11,788 1,649 3,978 422 17,837 3,305 3,297 2,920 9,522 0 27,359 Policy acquisition costs 4,333 1,231 1,251 288 7,103 1,222 1,030 484 2,736 0 9,839 Operating expenses 2,785 696 325 181 3,987 405 390 1,010 1,805 4,844 10,636 Segment expenses 18,906 3,576 5,554 891 28,927 4,932 4,717 4,414 14,063 4,844 47,834 Segment underwriting gain (loss) $ 2,451 $ 2,430 $ 138 $ 897 $ 5,916 $ (358) $ 2,090 $ (1,732) $ 0 $ (4,767) $ 1,149 Underwriting ratios: Loss ratio (1) 55.2% 27.5% 69.9% 23.6% 51.2% 72.3% 48.4% 108.9% 67.7% 55.9% Expense ratio (2) 33.3% 32.1% 27.7% 26.2% 31.8% 35.6% 20.9% 55.7% 32.3% 9.9% 41.8% Combined ratio (3) 88.5% 59.5% 97.6% 49.8% 83.0% 107.8% 69.3% 164.6% 100.0% 9.9% 97.7% (1) The loss ratio is the ratio, expressed as a percentage, of net losses and loss adjustment expenses to net earned premiums and other income. (2) The expense ratio is the ratio, expressed as a percentage, of policy acquisition costs and operating expenses to net earned premiums and other income. (3) The combined ratio is the sum of the loss ratio and the expense ratio. A combined ratio under 100% indicates an underwriting profit. A combined ratio over 100% indicates an underwriting loss.
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