MULTIPLE PERIL CROP INSURANCE, 2003-2012

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2003 $1,702,862 -15.0% 109.8 -14.6 pts.
2004 2,203,143 29.4 76.1 -33.8
2005 2,234,630 1.4 91.3 15.2
2006 2,824,769 26.4 77.9 -13.3
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 4,244,123 -22.2 106.6 16.0
(1) After reinsurance transactions, excludes state funds. (2) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration. (3) Calculated from unrounded data. Source: SNL Financial LC.