FARMOWNERS MULTIPLE PERIL INSURANCE, 2001-2010

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2001 $1,639,083 6.8% 114.2 4.6 pts.
2002 1,794,887 9.5 107.6 -6.6
2003 2,109,345 17.5 97.5 -10.0
2004 2,108,202 -0.1 92.0 -5.5
2005 2,263,640 7.4 95.3 3.3
2006 2,307,895 2.0 101.1 5.8
2007 2,424,125 5.0 98.0 -3.1
2008 2,582,957 6.6 119.5 21.5
2009 2,608,684 1.0 107.7 -11.8
2010 2,750,807 5.4 108.2 0.4

(1) After reinsurance transactions, excluding 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.