| Year |
Direct premiums written (1) |
Annual percent change |
Loss ratio (2) |
Annual point change |
| 1999 |
$508,108 |
-11.9% |
76 |
-7 pts. |
| 2000 |
468,405 |
-7.8 |
68 |
-8 |
| 2001 |
433,743 |
-7.4 |
69 |
1 |
| 2002 |
405,003 |
-6.6 |
70 |
1 |
| 2003 |
422,137 |
4.2 |
56 |
-14 |
| 2004 |
427,567 |
1.3 |
58 |
2 |
| 2005 |
434,711 |
1.7 |
44 |
-14 |
| 2006 |
405,254 |
-6.8 |
50 |
4 |
| 2007 |
489,649 |
20.8 |
48 |
-2 |
| 2008 |
669,436 |
36.7 |
83 |
35 |
(1) Before reinsurance transactions, total for all policyholders of crop-hail insurance.
(2) The percentage of each premium dollar spent on claims and associated costs. A drop in the loss ratio represents an improvement; an increase represents a deterioration.
Source: National Crop Insurance Services. |