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