| FARMOWNERS MULTIPLE PERIL INSURANCE, 2003-2012 |
($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. |
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