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MULTIPLE PERIL CROP INSURANCE, 1999-2008

($000)

Year Net premiums written (1) Annual percent change  Combined ratio (2) Annual point change (3)
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.