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Farmowners Multiple Peril Insurance, 2014-2023
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($000)

Year Net premiums
written (1)		 Annual percent
change		 Combined
ratio (2)		 Annual point
change (3)
2014 $3,628,084 3.3% 95.4 1.5 pts.
2015 3,762,451 3.7 89.9 -5.6
2016 3,802,197 1.1 93.6 3.8
2017 3,925,285 3.2 105.7 12.1
2018 4,128,898 5.2 97.0 -8.7
2019 4,327,315 4.8 99.0 2.0
2020 4,443,265 2.7 105.8 6.8
2021 5,351,474 20.4 97.6 -8.2
2022 5,696,483 6.4 108.8 11.2
2023 6,304,075 10.7 111.2 2.4

(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.

 

Archived Tables

FARMOWNERS MULTIPLE PERIL INSURANCE, 1999-2008
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
1999 $1,478,142 2.7% 111.4 NA
2000 1,524,233 3.1 108.9 -2.5 pts.
2001 1,640,592 7.6 113.5 4.6
2002 1,779,336 8.5 106.7 -6.8
2003 2,000,834 12.4 99.1 -7.6
2004 2,118,097 5.9 91.7 -7.5
2005 2,267,698 7.1 94.6 3.0
2006 2,310,688 1.9 122.8 28.1
2007 2,423,897 4.9 97.7 -25.0
2008 2,586,830 6.7 119.2 21.5

(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. 

NA=Data not available.

Source: National Association of Insurance Commissioners (NAIC) Annual Statement Database, via Highline Data, LLC. Copyrighted information. No portion of this work may be copied or redistributed without the express written permission of Highline Data, LLC.

 
FARMOWNERS MULTIPLE PERIL INSURANCE, 2000-2009
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2000 $1,535,355 5.2% 109.6 -2.4 pts.
2001 1,639,083 6.8 114.2 4.6
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 2,608,706 1.0 107.7 -11.8

(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.

 
FARMOWNERS MULTIPLE PERIL INSURANCE, 2001-2010
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($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.

 
FARMOWNERS MULTIPLE PERIL INSURANCE, 2002-2011
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2002 $1,794,887 9.5% 107.6 -6.6 pts.
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 2,751,274 5.5 108.2 0.4
2011 2,931,489 6.6 117.2 9.0

(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.

 
FARMOWNERS MULTIPLE PERIL INSURANCE, 2003-2012
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2003 $2,000,223 12.4% 99.5 -7.4 pts.
2004 2,118,097 5.9 92.1 -7.4
2005 2,258,489 6.6 95.2 3.1
2006 2,300,728 1.9 123.2 28.0
2007 2,413,562 4.9 98.1 -25.0
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 3,209,175 9.4 99.6 -17.9

(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: SNL Financial LC.

 
FARMOWNERS MULTIPLE PERIL INSURANCE, 2004-2013
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2004 $2,118,097 5.9% 92.1 -7.4 pts.
2005 2,258,489 6.6 95.2 3.1
2006 2,300,728 1.9 123.2 28.0
2007 2,413,562 4.9 98.1 -25.0
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

(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: SNL Financial LC.

 
FARMOWNERS MULTIPLE PERIL INSURANCE, 2005-2014
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2005 $2,258,489 6.6% 95.2 3.1 pts.
2006 2,300,728 1.9 123.2 28.0
2007 2,413,562 4.9 98.1 -25.0
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

(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: SNL Financial LC.

 
Farmowners Multiple Peril Insurance, 2006-2015
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2006 $2,300,728 1.9% 123.2 28.0 pts.
2007 2,413,562 4.9 98.1 -25.0
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 3,762,555 3.7 89.9 -4.8

(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.

 
Farmowners Multiple Peril Insurance, 2007-2016
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($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.

 
Farmowners Multiple Peril Insurance, 2008-2017
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2008 $2,586,861 7.2% 119.5 21.3 pts.
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 95.4 1.5
2015 3,762,451 3.7 89.9 -5.6
2016 3,802,197 1.1 93.6 3.8
2017 3,925,285 3.2 105.7 12.1

(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.

 
Farmowners Multiple Peril Insurance, 2009-2018
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($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2009 $2,612,262 1.0% 107.9 -11.6 pts.
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 95.4 1.5
2015 3,762,451 3.7 89.9 -5.6
2016 3,802,197 1.1 93.6 3.8
2017 3,925,285 3.2 105.7 12.1
2018 4,128,898 5.2 96.9 -8.8

(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

 
Farmowners Multiple Peril Insurance, 2010-2019
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($000)

Year Net premiums written (1) Annual percent change Combined Ratio (2) Annual point change (3)
2010 $2,754,955 5.5% 108.2 0.3 pts.
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 95.4 1.5
2015 3,762,451 3.7 89.9 -5.6
2016 3,802,197 1.1 93.6 3.8
2017 3,925,285 3.2 105.7 12.1
2018 4,128,898 5.2 97.0 -8.7
2019 4,328,277 4.8 99.0 2.0

(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.

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

 
Farmowners Multiple Peril Insurance, 2011-2020
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($000)

Year Net premiums
written (1)		 Annual percent
change		 Combined
ratio (2)		 Annual point
change (3)
2011 $2,932,576 6.4% 117.4 9.2 pts.
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 95.4 1.5
2015 3,762,451 3.7 89.9 -5.6
2016 3,802,197 1.1 93.6 3.8
2017 3,925,285 3.2 105.7 12.1
2018 4,128,898 5.2 97.0 -8.7
2019 4,328,466 4.8 99.0 2.0
2020 4,443,246 2.7 105.8 6.8

(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.

 
Farmowners Multiple Peril Insurance, 2012-2021
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($000)

Year Net premiums
written (1)		 Annual percent
change		 Combined
ratio (2)		 Annual point
change (3)
2012 $3,277,423 11.8% 99.5 -17.9 pts.
2013 3,511,651 7.1 93.9 -5.6
2014 3,628,084 3.3 95.4 1.5
2015 3,762,451 3.7 89.9 -5.6
2016 3,802,197 1.1 93.6 3.8
2017 3,925,285 3.2 105.7 12.1
2018 4,128,898 5.2 97.0 -8.7
2019 4,327,315 4.8 99.0 2.0
2020 4,443,265 2.7 105.8 6.8
2021 5,122,872 15.3 96.9 -8.9

(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.

 
Farmowners Multiple Peril Insurance, 2013-2022
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($000)

Year Net premiums
written (1)		 Annual percent
change		 Combined
ratio (2)		 Annual point
change (3)
2013 $3,511,651 7.1% 93.9 -5.6 pts.
2014 3,628,084 3.3 95.4 1.5
2015 3,762,451 3.7 89.9 -5.6
2016 3,802,197 1.1 93.6 3.8
2017 3,925,285 3.2 105.7 12.1
2018 4,128,898 5.2 97.0 -8.7
2019 4,327,315 4.8 99.0 2.0
2020 4,443,265 2.7 105.8 6.8
2021 5,351,474 20.4 97.6 -8.2
2022 5,691,602 6.4 108.6 11.1

(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.