Multiple Peril Crop Insurance, 2006-2015 (1)

($000)

Year Net premiums written (2) Annual percent change Combined ratio (3) Annual point change (4)
2006 $2,824,769 26.4% 77.9 -13.3 pts.
2007 3,648,996 29.2 74.7 -3.2
2008 5,077,625 39.2 90.1 15.3
2009 3,964,690 -21.9 79.7 -10.4
2010 3,501,631 -11.7 73.9 -5.8
2011 5,456,991 55.8 90.6 16.8
2012 5,321,811 -2.5 104.0 13.3
2013 4,942,547 -7.1 103.3 -0.7
2014 4,189,765 -15.2 104.9 1.6
2015 3,680,768 -12.1 99.9 -5.1
(1) Includes private crop-hail insurance from 2006 to 2013. Data for 2014 and 2015 exclude private crop-hail insurance. (2) After reinsurance transactions, excludes state funds. (3) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration. (4) Calculated from unrounded numbers. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.