Farmowners Multiple Peril Insurance, 2007-2016

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2007 $2,413,562 4.9% 98.1 -25.0 pts.
2008 2,586,861 7.2 119.5 21.3
2009 2,612,262 1.0 107.9 -11.6
2010 2,754,955 5.5 108.2 0.3
2011 2,932,576 6.4 117.4 9.2
2012 3,277,423 11.8 99.5 -17.9
2013 3,511,651 7.1 93.9 -5.6
2014 3,628,084 3.3 94.7 0.7
2015 3,762,451 3.7 89.9 -4.8
2016 3,802,197 1.1 93.7 3.8
(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.