Triple-I Logo
Tables

Table Archive

13 tables in this archive

SPONSORED BY

Archived Tables

Private Crop Insurance, 2015-2024

($000)
Year Net premiums
written (1)		 Annual percent
change		 Combined
ratio (2)		 Annual point
change (3)
2015 $584,600 0.3% 146.2 7.3 pts.
2016 455,411 -22.1 122.3 -23.9
2017 533,432 17.1 107.5 -14.8
2018 693,254 30.0 126.9 19.4
2019 686,416 -1.0 117.5 -9.4
2020 623,990 -9.1 146.9 29.5
2021 711,267 14.0 122.0 -25.0
2022 1,015,832 42.8 99.3 -22.7
2023 928,202 -8.6 140.3 41.1
2024 1,071,980 15.5 127.9 -12.4

(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: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

Private Crop Insurance, 2014-2023

($000)
Year Net premiums
written (1)		 Annual percent
change		 Combined
ratio (2)		 Annual point
change (3)
2014 $582,817 NA 138.8 NA
2015 584,600 0.3% 146.2 7.3 pts.
2016 455,410 -22.1 122.3 -23.9
2017 498,804 9.5 66.6 -55.7
2018 693,254 39.0 126.9 60.3
2019 686,589 -1.0 117.5 -9.4
2020 623,991 -9.1 146.9 29.5
2021 711,266 14.0 122.0 -25.0
2022 843,076 18.5 113.3 -8.7
2023 928,167 10.1 140.3 27.0

(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.

NA=Data not available.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

Private Crop Insurance, 2014-2022

($000)
Year Net premiums
written (1)		 Annual percent
change		 Combined
ratio (2)		 Annual point
change (3)
2014 $582,817 NA 138.8 NA
2015 584,600 (4) 146.2 7.3 pts.
2016 455,410 -22.1% 122.3 -23.9
2017 498,804 9.5 66.6 -55.7
2018 693,254 39.0 126.9 60.3
2019 686,589 -1.0 117.5 -9.4
2020 623,991 -9.1 146.9 29.5
2021 711,226 14.0 122.0 -25.0
2022 843,076 18.5 113.3 -8.7

(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.
(4) Less than 0.1 percent.

NA=Data not available.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

Private Crop Insurance, 2014-2021

($000)
Year Net premiums
written (1)		 Annual percent
change		 Combined
ratio (2)		 Annual point
change (3)
2014 $582,817 NA 138.8 NA
2015 584,600 (4) 146.2 7.3 pts.
2016 455,410 -22.1% 122.3 -23.9
2017 498,804 9.5 66.6 -55.7
2018 693,254 39.0 126.9 60.3
2019 686,589 -1.0 117.5 -9.4
2020 623,991 -9.1 146.9 29.5
2021 711,226 14.0 121.9 -25.0

(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.
(4) Less than 0.1 percent.

NA=Data not available.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

Private Crop Insurance, 2014-2020

($000)
Year Net premiums
written (1)		 Annual percent
change		 Combined
ratio (2)		 Annual point
change (3)
2014 $582,817 NA 138.8 NA
2015 584,600 0.3% 146.2 7.3 pts.
2016 455,410 -22.1 122.3 -23.9
2017 498,804 9.5 66.6 -55.7
2018 693,254 39.0 126.9 60.3
2019 686,589 -1.0 117.5 -9.4
2020 623,991 -9.1 146.9 29.5

(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.

NA=Data not available.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

Private Crop Insurance, 2014-2019

($000)
Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2014 $582,817 NA 138.8 NA
2015 584,600 0.3% 146.2 7.3 pts.
2016 455,410 -22.1 122.3 -23.9
2017 498,804 9.5 66.6 -55.7
2018 693,254 39.0 126.9 60.3
2019 686,589 -1.0 117.5 -9.4

(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.

NA=Data not available.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

Private Crop Insurance, 2014-2018

($000)
Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2014 $582,817 NA 138.8 NA
2015 584,600 0.3% 146.2  7.3 pts.
2016 455,410 -22.1 122.3 -23.9
2017 498,804 9.5 66.6 -55.7
2018 693,254 39.0 126.9 60.3

(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.

NA=Data not available.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

Private Crop Insurance, 2014-2017

($000)
Year Net premiums written (1) Annual percent change Combined Ratio (2) Annual point change (3)
2014 $582,817 NA 138.8 NA
2015 584,600 0.3% 146.2 7.3 pts.
2016 455,410 -22.1 122.3 -23.9
2017 498,804 9.5 66.6 -55.7

(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.

NA=Data not available.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

Private Crop Insurance, 2014-2016

($000)
Year Net premiums
written (1)		 Annual percent
change		 Combined ratio (2) Annual point
change (3)
2014 $582,817 NA 138.8 NA
2015 584,600 0.3% 146.2 7.3 pts.
2016 455,410 -22.1 122.3 -23.9

(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: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute

Crop-Hail Insurance, 2006-2015

($000)
Year Direct premiums written (1) Annual percent change Loss ratio (2) Annual point change
2006 $405,254 -6.8% 50 6 pts.
2007 489,649 20.8 48 -2
2008 669,436 36.7 83 35
2009 621,322 -7.2 91 8
2010 682,188 9.8 67 -24
2011 843,801 23.7 116 49
2012 958,163 13.6 74 -42
2013 958,857 0.1 67 -7
2014 991,984 3.5 122 55
2015 979,703 -1.2 76 -46

(1) Before reinsurance transactions, total for all policyholders of crop-hail insurance.
(2) The percentage of each premium dollar spent on claims and associated costs. A drop in the loss ratio represents an improvement; an increase represents a deterioration.

Source: National Crop Insurance Services. 

CROP-HAIL INSURANCE, 2005-2014

($000)
Year Direct premiums written (1) Annual percent change Loss ratio (2) Annual point change
2005 $434,711 1.7% 44 -14 pts.
2006 405,254 -6.8 50 6
2007 489,649 20.8 48 -2
2008 669,436 36.7 83 35
2009 621,322 -7.2 91 8
2010 682,188 9.8 67 -24
2011 843,801 23.7 116 49
2012 958,163 13.6 74 -42
2013 958,857 0.1 67 -7
2014 991,748 3.4 122 55

(1) Before reinsurance transactions, total for all policyholders of crop-hail insurance.
(2) The percentage of each premium dollar spent on claims and associated costs. A drop in the loss ratio represents an improvement; an increase represents a deterioration.

Source: National Crop Insurance Services. 

CROP-HAIL INSURANCE, 2004-2013

($000)
Year Direct premiums written (1) Annual percent change Loss ratio (2) Annual point change
2004 $427,567 1.3% 58 2 pts. 
2005 434,711 1.7 44 -14
2006 405,254 -6.8 50 6
2007 489,649 20.8 48 -2
2008 669,436 36.7 83 35
2009 621,322 -7.2 91 8
2010 682,188 9.8 67 -24
2011 843,801 23.7 116 49
2012 958,163 13.6 74 -42
2013 959,912 0.2 68 -6

(1) Before reinsurance transactions, total for all policyholders of crop-hail insurance.
(2) The percentage of each premium dollar spent on claims and associated costs. A drop in the loss ratio represents an improvement; an increase represents a deterioration.

Source: National Crop Insurance Services. 

Private Crop Insurance, 2016-2025

($000)
Year Net premiums
written (1)		 Annual percent
change		 Combined
ratio (2)		 Annual point
change (3)
2016 $455,411 -22.1% 122.3 -23.9 pts.
2017 533,432 17.1 107.5 -14.8
2018 693,254 30.0 126.9 19.4
2019 686,416 -1.0 117.5 -9.4
2020 623,990 -9.1 146.9 29.5
2021 711,267 14.0 122.0 -25.0
2022 1,015,832 42.8 99.3 -22.7
2023 928,202 -8.6 140.3 41.1
2024 1,071,980 15.5 127.9 -12.4
2025 1,130,269 5.4 126.0 -1.9

(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: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.