Workers Compensation
The workers compensation insurance industry experienced its third best underwriting result in the past twenty years in 2024 with a net combined ratio of 87.8. It was the tenth year in a row of net underwriting profit following eight years of a net combined ratio over 100. In comparison, workers comp has outperformed the combined property and casualty insurance industry in net combined ratio each year since 2015.
(As of February 25, 2026)
Click here to download full version of Workers Compensation: State of the Risk.
