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.