MULTIPLE PERIL CROP INSURANCE, 1999-2008
1999 |
$725,821 |
1.8% |
98.2 |
NA |
2000 |
938,840 |
29.3 |
90.4 |
-7.8 pts. |
2001 |
1,321,820 |
40.8 |
96.0 |
5.6 |
2002 |
2,003,443 |
51.6 |
124.4 |
28.4 |
2003 |
1,702,862 |
-15.0 |
109.8 |
-14.6 |
2004 |
2,203,143 |
29.4 |
76.1 |
-33.8 |
2005 |
2,234,630 |
1.4 |
91.3 |
15.2 |
2006 |
2,828,084 |
26.6 |
77.8 |
-13.5 |
2007 |
3,648,996 |
29.0 |
74.7 |
-3.0 |
2008 |
5,077,625 |
39.2 |
90.1 |
15.3 |
|
(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.
MULTIPLE PERIL CROP INSURANCE, 2000-2009
2000 |
$834,644 |
15.0% |
96.1 |
-2.0 pts. |
2001 |
1,236,984 |
48.2 |
103.4 |
7.3 |
2002 |
2,226,403 |
80.0 |
123.9 |
20.5 |
2003 |
1,581,857 |
-29.0 |
106.8 |
-17.1 |
2004 |
2,204,523 |
39.4 |
76.0 |
-30.8 |
2005 |
2,234,632 |
1.4 |
92.1 |
16.0 |
2006 |
2,828,085 |
26.6 |
77.8 |
-14.3 |
2007 |
3,648,998 |
29.0 |
74.7 |
-3.1 |
2008 |
5,077,615 |
39.2 |
89.9 |
15.2 |
2009 |
3,962,049 |
-22.0 |
79.7 |
-10.2 |
|
(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.
MULTIPLE PERIL CROP INSURANCE, 2001-2010
2001 |
$1,236,984 |
48.2% |
103.4 |
7.3 pts. |
2002 |
2,226,403 |
80.0 |
123.9 |
20.5 |
2003 |
1,581,857 |
-29.0 |
106.8 |
-17.1 |
2004 |
2,204,523 |
39.4 |
76.0 |
-30.8 |
2005 |
2,234,632 |
1.4 |
92.1 |
16.0 |
2006 |
2,824,770 |
26.4 |
77.9 |
-14.1 |
2007 |
3,648,998 |
29.2 |
74.7 |
-3.2 |
2008 |
5,077,615 |
39.2 |
89.9 |
15.2 |
2009 |
3,962,049 |
-22.0 |
79.7 |
-10.2 |
2010 |
3,501,632 |
-11.6 |
73.9 |
-5.9 |
|
(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.
MULTIPLE PERIL CROP INSURANCE, 2002-2011
2002 |
$2,226,403 |
80.0% |
123.9 |
20.5 pts. |
2003 |
1,581,857 |
-29.0 |
106.8 |
-17.1 |
2004 |
2,204,523 |
39.4 |
76.0 |
-30.8 |
2005 |
2,234,632 |
1.4 |
92.1 |
16.0 |
2006 |
2,824,770 |
26.4 |
77.9 |
-14.1 |
2007 |
3,648,998 |
29.2 |
74.7 |
-3.2 |
2008 |
5,077,615 |
39.2 |
89.9 |
15.2 |
2009 |
3,962,049 |
-22.0 |
79.7 |
-10.2 |
2010 |
3,501,631 |
-11.6 |
73.9 |
-5.9 |
2011 |
5,456,991 |
55.8 |
90.6 |
16.7 |
|
(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.
MULTIPLE PERIL CROP INSURANCE, 2002-2011
2002 |
$2,226,403 |
80.0% |
123.9 |
20.5 pts. |
2003 |
1,581,857 |
-29.0 |
106.8 |
-17.1 |
2004 |
2,204,523 |
39.4 |
76.0 |
-30.8 |
2005 |
2,234,632 |
1.4 |
92.1 |
16.0 |
2006 |
2,824,770 |
26.4 |
77.9 |
-14.1 |
2007 |
3,648,998 |
29.2 |
74.7 |
-3.2 |
2008 |
5,077,615 |
39.2 |
89.9 |
15.2 |
2009 |
3,962,049 |
-22.0 |
79.7 |
-10.2 |
2010 |
3,501,631 |
-11.6 |
73.9 |
-5.9 |
2011 |
5,456,991 |
55.8 |
90.6 |
16.7 |
|
(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.
MULTIPLE PERIL CROP INSURANCE, 2003-2012
2003 |
$1,702,862 |
-15.0% |
109.8 |
-14.6 pts. |
2004 |
2,203,143 |
29.4 |
76.1 |
-33.8 |
2005 |
2,234,630 |
1.4 |
91.3 |
15.2 |
2006 |
2,824,769 |
26.4 |
77.9 |
-13.3 |
2007 |
3,648,996 |
29.2 |
74.7 |
-3.2 |
2008 |
5,077,625 |
39.2 |
90.1 |
15.3 |
2009 |
3,964,690 |
-21.9 |
79.7 |
-10.4 |
2010 |
3,501,631 |
-11.7 |
73.9 |
-5.8 |
2011 |
5,456,991 |
55.8 |
90.6 |
16.8 |
2012 |
4,244,123 |
-22.2 |
106.6 |
16.0 |
|
(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: SNL Financial LC.
MULTIPLE PERIL CROP INSURANCE, 2004-2013
Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
2004 |
$2,203,143 |
29.4% |
76.1 |
-33.8 pts. |
2005 |
2,234,630 |
1.4 |
91.3 |
15.2 |
2006 |
2,824,769 |
26.4 |
77.9 |
-13.3 |
2007 |
3,648,996 |
29.2 |
74.7 |
-3.2 |
2008 |
5,077,625 |
39.2 |
90.1 |
15.3 |
2009 |
3,964,690 |
-21.9 |
79.7 |
-10.4 |
2010 |
3,501,631 |
-11.7 |
73.9 |
-5.8 |
2011 |
5,456,991 |
55.8 |
90.6 |
16.8 |
2012 |
5,321,811 |
-2.5 |
104.0 |
13.3 |
2013 |
4,942,547 |
-7.1 |
103.3 |
-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.
MULTIPLE PERIL CROP INSURANCE, 2005-2014 (1)
Year |
Net premiums written (2) |
Annual percent change |
Combined ratio (3) |
Annual point change (4) |
2005 |
$2,234,630 |
1.4% |
91.3 |
15.2 pts. |
2006 |
2,824,769 |
26.4 |
77.9 |
-13.3 |
2007 |
3,648,996 |
29.2 |
74.7 |
-3.2 |
2008 |
5,077,625 |
39.2 |
90.1 |
15.3 |
2009 |
3,964,690 |
-21.9 |
79.7 |
-10.4 |
2010 |
3,501,631 |
-11.7 |
73.9 |
-5.8 |
2011 |
5,456,991 |
55.8 |
90.6 |
16.8 |
2012 |
5,321,811 |
-2.5 |
104.0 |
13.3 |
2013 |
4,942,547 |
-7.1 |
103.3 |
-0.7 |
2014 |
4,189,765 |
-15.2 |
104.9 |
1.6 |
|
(1) Includes private crop-hail insurance from 2005 to 2013. Data for 2014 excludes private crop-hail insurance.
(2) After reinsurance transactions, excludes state funds.
(3) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(4) Calculated from unrounded numbers.
Source: SNL Financial LC.
Multiple Peril Crop Insurance, 2006-2015 (1)
Year |
Net premiums written (2) |
Annual percent change |
Combined ratio (3) |
Annual point change (4) |
2006 |
$2,824,769 |
26.4% |
77.9 |
-13.3 pts. |
2007 |
3,648,996 |
29.2 |
74.7 |
-3.2 |
2008 |
5,077,625 |
39.2 |
90.1 |
15.3 |
2009 |
3,964,690 |
-21.9 |
79.7 |
-10.4 |
2010 |
3,501,631 |
-11.7 |
73.9 |
-5.8 |
2011 |
5,456,991 |
55.8 |
90.6 |
16.8 |
2012 |
5,321,811 |
-2.5 |
104.0 |
13.3 |
2013 |
4,942,547 |
-7.1 |
103.3 |
-0.7 |
2014 |
4,189,765 |
-15.2 |
104.9 |
1.6 |
2015 |
3,680,768 |
-12.1 |
99.9 |
-5.1 |
|
(1) Includes private crop-hail insurance from 2006 to 2013. Data for 2014 and 2015 exclude private crop-hail insurance.
(2) After reinsurance transactions, excludes state funds.
(3) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(4) Calculated from unrounded numbers.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Multiple Peril Crop Insurance, 2007-2016 (1)
Year |
Net premiums written (2) |
Annual percent change |
Combined ratio (3) |
Annual point change (4) |
2007 |
$3,648,996 |
29.2% |
74.7 |
-3.2 pts. |
2008 |
5,077,625 |
39.2 |
90.1 |
15.3 |
2009 |
3,964,690 |
-21.9 |
79.7 |
-10.4 |
2010 |
3,501,631 |
-11.7 |
73.9 |
-5.8 |
2011 |
5,456,991 |
55.8 |
90.6 |
16.8 |
2012 |
5,321,811 |
-2.5 |
104.0 |
13.3 |
2013 |
4,942,547 |
-7.1 |
103.3 |
-0.7 |
2014 |
4,189,765 |
-15.2 |
104.9 |
1.6 |
2015 |
3,680,768 |
-12.1 |
99.9 |
-5.1 |
2016 |
3,321,281 |
-9.8 |
81.7 |
-18.2 |
|
(1) Includes private crop insurance in 2013 and prior years.
(2) After reinsurance transactions, excludes state funds.
(3) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(4) Calculated from unrounded numbers.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Multiple Peril Crop Insurance, 2008-2017 (1)
Year |
Net premiums written (2) |
Annual percent change |
Combined ratio (3) |
Annual point change (4) |
2008 |
$5,077,625 |
39.2% |
90.1 |
15.3 pts. |
2009 |
3,964,690 |
-21.9 |
79.7 |
-10.4 |
2010 |
3,501,631 |
-11.7 |
73.9 |
-5.8 |
2011 |
5,456,991 |
55.8 |
90.6 |
16.8 |
2012 |
5,321,811 |
-2.5 |
104.0 |
13.3 |
2013 |
4,942,547 |
-7.1 |
103.3 |
-0.7 |
2014 |
4,189,765 |
-15.2 |
104.9 |
1.6 |
2015 |
3,680,768 |
-12.1 |
99.9 |
-5.1 |
2016 |
3,321,281 |
-9.8 |
81.7 |
-18.2 |
2017 |
4,742,005 |
42.8 |
95.8 |
14.1 |
|
(1) Includes private crop insurance in 2013 and prior years.
(2) After reinsurance transactions, excludes state funds.
(3) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(4) Calculated from unrounded data.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Multiple Peril Crop Insurance, 2009-2018 (1)
Year |
Net premiums written (2) |
Annual percent change |
Combined ratio (3) |
Annual point change (4) |
2009 |
$3,964,690 |
-21.9% |
79.7 |
-10.4 pts. |
2010 |
3,501,631 |
-11.7 |
73.9 |
-5.8 |
2011 |
5,456,991 |
55.8 |
90.6 |
16.8 |
2012 |
5,321,811 |
-2.5 |
104.0 |
13.3 |
2013 |
4,942,547 |
-7.1 |
103.3 |
-0.7 |
2014 |
4,189,765 |
-15.2 |
104.9 |
1.6 |
2015 |
3,680,768 |
-12.1 |
99.9 |
-5.1 |
2016 |
3,321,281 |
-9.8 |
81.7 |
-18.2 |
2017 |
4,742,005 |
42.8 |
95.8 |
14.1 |
2018 |
5,380,068 |
13.5 |
85.0 |
-10.8 |
|
(1) Includes private crop insurance in 2013 and prior years.
(2) After reinsurance transactions, excludes state funds.
(3) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(4) Calculated from unrounded numbers.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Multiple Peril Crop Insurance, 2010-2019 (1)
Year |
Net premiums written (2) |
Annual percent change |
Combined ratio (3) |
Annual point change (4) |
2010 |
$3,501,631 |
-11.7% |
73.9 |
-5.8 pts. |
2011 |
5,456,991 |
55.8 |
90.6 |
16.8 |
2012 |
5,321,811 |
-2.5 |
104.0 |
13.3 |
2013 |
4,942,547 |
-7.1 |
103.3 |
-0.7 |
2014 |
4,189,765 |
-15.2 |
104.9 |
1.6 |
2015 |
3,680,768 |
-12.1 |
99.9 |
-5.1 |
2016 |
3,321,281 |
-9.8 |
81.7 |
-18.2 |
2017 |
4,742,005 |
42.8 |
95.8 |
14.1 |
2018 |
5,380,068 |
13.5 |
85.0 |
-10.8 |
2019 |
6,478,428 |
20.4 |
108.7 |
23.6 |
|
(1) Includes private crop insurance in 2013 and prior years.
(2) After reinsurance transactions, excludes state funds.
(3) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(4) Calculated from unrounded numbers.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Multiple Peril Crop Insurance, 2011-2020 (1)
Year |
Net premiums
written (2) |
Annual percent
change |
Combined
ratio (3) |
Annual point
change (4) |
2011 |
$5,456,991 |
55.8% |
90.6 |
16.8 pts. |
2012 |
5,321,811 |
-2.5 |
104.0 |
13.3 |
2013 |
4,942,547 |
-7.1 |
103.3 |
-0.7 |
2014 |
4,189,765 |
-15.2 |
104.9 |
1.6 |
2015 |
3,680,768 |
-12.1 |
99.9 |
-5.1 |
2016 |
3,321,281 |
-9.8 |
81.7 |
-18.2 |
2017 |
4,742,005 |
42.8 |
95.8 |
14.1 |
2018 |
5,380,068 |
13.5 |
85.0 |
-10.8 |
2019 |
6,478,428 |
20.4 |
108.7 |
23.6 |
2020 |
6,128,159 |
-5.4 |
100.5 |
-8.2 |
|
(1) Includes private crop insurance in 2012 and 2013.
(2) After reinsurance transactions, excludes state funds.
(3) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(4) Calculated from unrounded numbers.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Multiple Peril Crop Insurance, 2012-2021 (1)
Year |
Net premiums
written (2) |
Annual percent
change |
Combined
ratio (3) |
Annual point
change (4) |
2012 |
$5,321,811 |
-2.5% |
104.0 |
13.3 pts. |
2013 |
4,942,547 |
-7.1 |
103.3 |
-0.7 |
2014 |
4,189,765 |
-15.2 |
104.9 |
1.6 |
2015 |
3,680,768 |
-12.1 |
99.9 |
-5.1 |
2016 |
3,321,281 |
-9.8 |
81.7 |
-18.2 |
2017 |
4,742,005 |
42.8 |
95.8 |
14.1 |
2018 |
5,380,068 |
13.5 |
85.0 |
-10.8 |
2019 |
6,478,428 |
20.4 |
108.7 |
23.6 |
2020 |
6,128,159 |
-5.4 |
100.5 |
-8.2 |
2021 |
7,451,620 |
21.6 |
94.9 |
-5.6 |
|
(1) Includes private crop insurance, 2013 and prior.
(2) After reinsurance transactions, excludes state funds.
(3) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(4) Calculated from unrounded numbers.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Multiple Peril Crop Insurance, 2013-2022
Year |
Net premiums
written (1) |
Annual percent
change |
Combined
ratio (2) |
Annual point
change (3) |
2013 (4) |
$4,942,547 |
-7.1% |
103.3 |
-0.7 pts. |
2014 |
4,189,765 |
-15.2 |
104.9 |
1.6 |
2015 |
3,680,768 |
-12.1 |
99.9 |
-5.1 |
2016 |
3,321,281 |
-9.8 |
81.7 |
-18.2 |
2017 |
4,742,005 |
42.8 |
95.8 |
14.1 |
2018 |
5,380,068 |
13.5 |
85.0 |
-10.8 |
2019 |
6,478,428 |
20.4 |
108.7 |
23.6 |
2020 |
6,128,159 |
-5.4 |
100.5 |
-8.2 |
2021 |
7,453,136 |
21.6 |
94.9 |
-5.6 |
2022 |
10,434,771 |
40.0 |
102.5 |
7.6 |
|
(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 numbers.
(4) Includes private crop insurance.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.