Tables

Table Archive

16 tables in this archive

Archived Tables

Workers Compensation Insurance, 2015-2024

$000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2015	$45,354,404	3.7%	95.4	-6.4 pts.	84	-3 pts.
2016	45,619,242	0.6	95.6	0.2	84	0
2017	45,046,400	-1.3	92.3	-3.3	85	1
2018	48,594,398	7.9	86.4	-5.9	87	2
2019	47,127,823	-3.0	88.2	1.8	91	4
2020	42,614,903	-9.6	90.3	2.1	93	2
2021	43,137,129	1.2	91.5	1.2	98	5
2022	47,547,324	10.2	87.2	-4.3	95	-3
2023	48,022,852	1.0	88.1	0.9	98	3
2024	46,299,239	-3.6	88.8	0.7	99	1

(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) Calendar year data from S&P Global Market Intelligence
(4) Calculated from unrounded data.
(5) Accident year data from the National Council on Compensation Insurance (NCCI).

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute; National Council on Compensation Insurance.

Workers Compensation Insurance, 2014-2023

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2014	$43,753,885	6.3%	101.9	-1.2 pts.	88	-5 pts.
2015	45,355,102	3.7	95.5	-6.4	85	-3
2016	45,619,831	0.6	95.6	0.1	84	-1
2017	45,047,380	-1.3	92.2	-3.4	86	2
2018	48,614,131	7.9	86.3	-5.8	88	2
2019	47,146,756	-3.0	88.3	2.0	93	5
2020	42,529,620	-9.8	90.2	1.9	95	2
2021	43,159,123	1.5	91.5	1.3	100	5
2022	47,604,071	10.3	87.4	-4.0	97	-3
2023	47,975,234	0.8	88.1	0.7	98	1

(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) Calendar year data from S&P Global Market Intelligence
(4) Calculated from unrounded data.
(5) Accident year data from the National Council on Compensation Insurance (NCCI).
(6) Estimated by NCCI.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute; National Council on Compensation Insurance.

Workers Compensation Insurance, 2013-2022

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2013	$41,147,216	5.6%	103.0	-7.4 pts.	94	-7 pts.
2014	43,753,885	6.3	101.9	-1.2	88	-5
2015	45,355,102	3.7	95.5	-6.4	86	-2
2016	45,619,831	0.6	95.6	0.1	85	-1
2017	45,047,380	-1.3	92.2	-3.4	87	2
2018	48,614,131	7.9	86.3	-5.8	90	3
2019	47,146,756	-3.0	88.3	2.0	94	5
2020	42,529,620	-9.8	90.2	1.9	97	3
2021	43,051,105	1.2	91.4	1.2	100	3
2022	47,569,194	10.5	87.40	-4.0	97 (6)	-3

(1) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(2) After reinsurance transactions, excludes state funds.
(3) Calendar year data are from S&P Global Market Intelligence.
(4) Calculated from unrounded data.
(5) Accident year data are from the National Council on Compensation Insurance (NCCI).
(6) Estimated by NCCI.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute; ©National Council on Compensation Insurance.

Workers Compensation Insurance, 2012-2021

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2012	$38,947,491	9.2%	110.4	-7.2 pts.	101	-8 pts.
2013	41,147,216	5.6	103.0	-7.4	94	-7
2014	43,753,885	6.3	101.9	-1.2	89	-5
2015	45,355,102	3.7	95.5	-6.4	87	-2
2016	45,619,831	0.6	95.6	0.1	86	-1
2017	45,047,380	-1.3	92.2	-3.4	88	2
2018	48,614,131	7.9	86.3	-5.8	91	3
2019	47,146,756	-3.0	88.3	2.0	96	5
2020	42,529,620	-9.8	90.2	1.9	99	3
2021	42,680,678	0.4	91.5	1.3	102 (6)	3

(1) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(2) After reinsurance transactions, excludes state funds.
(3) Calendar year data are from S&P Global Market Intelligence.
(4) Calculated from unrounded data.
(5) Accident year data are from the National Council on Compensation Insurance (NCCI).
(6) As Reported: NAIC’s Annual Statement Schedule P—Part 1D data as of 12/31/2021.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute; ©National Council on Compensation Insurance.

Workers Compensation Insurance, 2011-2020

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2011	$35,664,230	12.7%	117.6	1.5 pts.	110	-4 pts.
2012	38,947,491	9.2	110.4	-7.2	102	-8
2013	41,147,216	5.6	103.0	-7.4	95	-7
2014	43,753,885	6.3	101.9	-1.2	90	-5
2015	45,355,102	3.7	95.5	-6.4	88	-2
2016	45,619,831	0.6	95.6	0.1	88	0
2017	45,047,380	-1.3	92.2	-3.4	91	3
2018	48,614,131	7.9	86.3	-5.8	93	2
2019	47,142,191	-3.0	88.3	2.0	97	4
2020	42,500,412	-9.8	90.2	1.9	100 (6)	3

(1) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(2) After reinsurance transactions, excludes state funds.
(3) Calendar year data are from S&P Global Market Intelligence.
(4) Calculated from unrounded data.
(5) Accident year data are from the National Council on Compensation Insurance (NCCI).
(6) Estimated by NCCI.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute; ©National Council on Compensation Insurance.

Workers Compensation Insurance, 2010-2019

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2010	$32,247,870	-12.7%	107.9	6.4 pts.	114	7 pts.
2011	31,643,087	-1.9	116.1	8.2	110	-4
2012	35,664,230	12.7	117.6	1.5	102	-8
2013	38,947,491	9.2	110.4	-7.2	96	-6
2014	41,147,216	5.6	103.0	-7.4	92	-4
2015	43,753,885	6.3	101.9	-1.2	92	0
2016	45,355,102	3.7	95.5	-6.4	93	1
2017	45,619,831	0.6	95.6	0.1	96	3
2018	45,047,380	-1.3	92.2	-3.4	95	-1
2019	48,343,292	7.3	86.2	-5.9	99 (6)	4

(1) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(2) After reinsurance transactions, excludes state funds.
(3) Calendar year data are from S&P Global Market Intelligence.
(4) Calculated from unrounded data.
(5) Accident year data are from the National Council on Compensation Insurance (NCCI).
(6) Estimated by NCCI.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute; ©National Council on Compensation Insurance.

Workers Compensation Insurance, 2009-2018

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2009	$32,247,870	-12.7%	107.9	6.4 pts.	107	3 pts.
2010	31,643,087	-1.9	116.1	8.2	114	7
2011	35,664,230	12.7	117.6	1.5	110	-4
2012	38,947,491	9.2	110.4	-7.2	102	-8
2013	41,147,216	5.6	103.0	-7.4	96	-6
2014	43,753,885	6.3	101.9	-1.2	92	-4
2015	45,355,102	3.7	95.5	-6.4	92	0
2016	45,619,831	0.6	95.6	0.1	93	1
2017	45,047,380	-1.3	92.2	-3.4	96	3
2018	48,343,292	7.3	86.2	-5.9	97 (6)	1

(1) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(2) After reinsurance transactions, excludes state funds.
(3) Calendar year data are from S&P Global Market Intelligence.
(4) Calculated from unrounded data.
(5) Accident year data are from the National Council on Compensation Insurance (NCCI).
(6) Estimated by NCCI.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute; ©National Council on Compensation Insurance.

Workers Compensation Insurance, 2008-2017

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2008	$36,939,016	-9.0%	101.5	-0.2 pts.	104	6 pts.
2009	32,247,870	-12.7	107.9	6.4	107	3
2010	31,643,087	-1.9	116.1	8.2	115	8
2011	35,664,230	12.7	117.6	1.5	111	-4
2012	38,947,491	9.2	110.4	-7.2	103	-8
2013	41,147,216	5.6	103.0	-7.4	97	-6
2014	43,753,885	6.3	101.9	-1.2	93	-4
2015	45,355,102	3.7	95.5	-6.4	94	1
2016	45,619,831	0.6	95.6	0.1	95	1
2017	45,047,380	-1.3	92.2	-3.4	99 (6)	4

(1) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(2) After reinsurance transactions, excludes state funds.
(3) Calendar year data are from S&P Global Market Intelligence.
(4) Calculated from unrounded data.
(5) Accident year data are from the National Council on Compensation Insurance (NCCI).
(6) Estimated by NCCI.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute; ©National Council on Compensation Insurance.

Workers Compensation Insurance, 2007-2016

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2007	$40,610,991	-2.9%	101.7	6.3 pts.	98	13 pts.
2008	36,939,016	-9.0	101.5	-0.2	104	6
2009	32,247,870	-12.7	107.9	6.4	108	4
2010	31,643,087	-1.9	116.1	8.2	115	7
2011	35,664,230	12.7	117.6	1.5	112	-3
2012	38,947,491	9.2	110.4	-7.2	104	-8
2013	41,147,216	5.6	103.0	-7.4	99	-5
2014	43,753,885	6.3	102.5	-0.6	95	-4
2015	45,355,102	3.7	95.5	-6.9	96	1
2016	45,620,510	0.6	95.6	0.1	98 (6)	2

(1) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(2) After reinsurance transactions, excludes state funds.
(3) Calendar year data are from S&P Global Market Intelligence.
(4) Calculated from unrounded data.
(5) Accident year data are from the National Council on Compensation Insurance (NCCI).
(6) Estimated by NCCI.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute; ©National Council on Compensation Insurance.

Workers Compensation Insurance, 2006-2015

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2006	$41,820,419	7.3%	95.4	-6.7 pts.	85	-2 pts.
2007	40,610,991	-2.9	101.7	6.3	97	12
2008	36,939,016	-9.0	101.5	-0.2	104	7
2009	32,247,870	-12.7	107.9	6.4	108	4
2010	31,643,087	-1.9	116.1	8.2	116	8
2011	35,664,230	12.7	117.6	1.5	112	-4
2012	38,747,594	8.6	110.4	-7.3	103	-9
2013	41,147,216	6.2	103.0	-7.3	100	-3
2014	43,546,737	5.8	102.4	-0.6	97	-3
2015	45,090,509	3.5	95.4	-7.0	98 (6)	1

(1) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(2) After reinsurance transactions, excludes state funds.
(3) Calendar year data are from S&P Global Market Intelligence.
(4) Calculated from unrounded data.
(5) Accident year data are from the National Council on Compensation Insurance (NCCI).
(6) Estimated by NCCI.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute; © National Council on Compensation Insurance.

WORKERS COMPENSATION INSURANCE, 2005-2014

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2005	$38,981,699	6.1%	102.1	-4.8 pts.	87	-1 pts.
2006	41,820,419	7.3	95.4	-6.7	86	-1
2007	40,610,991	-2.9	101.7	6.3	99	13
2008	36,939,016	-9.0	101.5	-0.2	106	7
2009	32,247,870	-12.7	107.9	6.4	110	4
2010	31,643,087	-1.9	116.1	8.2	118	8
2011	35,664,230	12.7	117.6	1.5	113	-5
2012	38,747,594	8.6	110.4	-7.3	106	-7
2013	40,921,639	5.6	103.0	-7.4	99	-7
2014	43,546,737	6.4	102.4	-0.6	95 (6)	-4

(1) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(2) After reinsurance transactions, excludes state funds.
(3) Calendar year data are from SNL Financial.
(4) Calculated from unrounded data.
(5) Accident year data are from the National Council on Compensation Insurance (NCCI) and exclude state funds.
(6) Estimated by NCCI.

Source: SNL Financial LC; ©National Council on Compensation Insurance.

WORKERS COMPENSATION INSURANCE, 2004-2013

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2004	$36,735,582	11.7%	106.9	-3.6 pts.	88	-10 pts.
2005	38,981,699	6.1	102.1	-4.8	87	-1
2006	41,820,419	7.3	95.4	-6.7	86	-1
2007	40,610,991	-2.9	101.7	6.3	99	13
2008	36,939,016	-9.0	101.5	-0.2	106	7
2009	32,247,870	-12.7	107.9	6.4	110	4
2010	31,643,087	-1.9	116.1	8.2	118	8
2011	35,664,230	12.7	117.6	1.5	113	-5
2012	38,747,594	8.6	110.4	-7.3	107	-6
2013	40,896,983	5.5	103.0	-7.4	99 (6)	-8

(1) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(2) After reinsurance transactions, excludes state funds.
(3) Calendar year data are from SNL Financial.
(4) Calculated from unrounded data.
(5) Accident year data are from the National Council on Compensation Insurance (NCCI) and exclude state funds.
(6) Estimated by NCCI.

Source: SNL Financial LC; ©National Council on Compensation Insurance.

WORKERS COMPENSATION INSURANCE, 2003-2012

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2003	$32,885,046	7.4%	110.5	-0.8 pts.	98	-8 pts.
2004	36,735,582	11.7	106.9	-3.6	88	-10
2005	38,981,699	6.1	102.1	-4.8	87	-1
2006	41,820,419	7.3	95.4	-6.7	86	-1
2007	40,610,991	-2.9	101.7	6.3	99	13
2008	36,939,016	-9.0	101.5	-0.2	106	7
2009	32,247,870	-12.7	107.9	6.4	110	4
2010	31,643,087	-1.9	116.1	8.2	118	8
2011	35,664,230	12.7	117.6	1.5	114	-4
2012	37,943,501	6.4	109.7	-8.0	108 (6)	-6

(1) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(2) After reinsurance transactions, excludes state funds.
(3) Calendar year data are from SNL Financial LC.
(4) Calculated from unrounded data.
(5) Accident year data are from the National Council on Compensation Insurance (NCCI).
(6) Estimated by NCCI.

Source: SNL Financial LC; National Council on Compensation Insurance.

WORKERS COMPENSATION INSURANCE, 2002-2011

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2002	$30,735,382	13.9%	110.5	-10.2 pts.	106	-19 pts.
2003	32,941,961	7.2	109.7	-0.8	97	-9
2004	36,688,888	11.4	106.0	-3.6	88	-9
2005	39,788,398	8.4	101.9	-4.2	87	-1
2006	41,735,186	4.9	96.5	-5.4	86	-1
2007	40,582,828	-2.8	100.6	4.1	98	12
2008	36,523,030	-10.0	101.0	0.4	104	6
2009	32,009,874	-12.4	108.0	7.0	109	5
2010	31,483,471	-1.6	115.9	7.9	116	7
2011	35,666,609	13.3	117.2	1.3	114 (6)	-2

(1) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(2) After reinsurance transactions, excluding state funds.
(3) Calendar year data are from SNL Financial.
(4) Calculated from unrounded data.
(5) Accident year data are from the National Council on Compensation Insurance (NCCI).
(6) Estimated by NCCI.

Source: SNL Financial LC; National Council on Compensation Insurance.

WORKERS COMPENSATION INSURANCE, 2001-2010

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2001	$26,974,242	4.2%	120.7	1.2 pts.	125	-13.0 pts.
2002	30,735,382	13.9	110.5	-10.2	106	-19
2003	32,941,961	7.2	109.7	-0.8	97	-9
2004	36,688,888	11.4	106.0	-3.6	88	-9
2005	39,788,398	8.4	101.9	-4.2	87	-1
2006	41,735,186	4.9	96.5	-5.4	86	-1
2007	40,582,828	-2.8	100.6	4.1	98	12
2008	36,523,030	-10.0	101.0	0.4	104	6
2009	32,009,874	-12.4	108.0	7.0	109	5
2010	31,483,419	-1.6	115.9	7.9	114 (6)	5

(1) After dividends to policyholders. A drop in the combined ratio represents an improvement; an increase represents a deterioration.
(2) After reinsurance transactions, excluding state funds.
(3) Calendar year data are from SNL Financial LC.
(4) Calculated from unrounded data.
(5) Accident year data are from the National Council on Compensation Insurance (NCCI).
(6) Estimated by NCCI.

Source: SNL Financial LC; National Council on Compensation Insurance.

Workers Compensation Insurance, 2016-2025

($000)

			Combined ratio (1)
Year	Net premiums written (2)	Annual percent change	Calendar year (3)	Annual point change (4)	Accident year (5)	Annual point change
2016	$45,619,242	0.6%	95.6	0.2 pts.	96	0
2017	45,046,400	-1.3	92.3	-3.3	92	-4 pts.
2018	48,594,398	7.9	86.4	-5.9	86	-7
2019	47,127,823	-3.0	88.2	1.8	88	2
2020	42,614,903	-9.6	90.3	2.1	90	2
2021	43,137,129	1.2	91.5	1.2	92	2
2022	47,547,324	10.2	87.2	-4.3	87	-5
2023	48,022,852	1.0	88.1	0.9	88	1
2024	46,301,298	-3.6	88.8	0.7	89	1
2025	45,629,472	-1.5	92.8	4.0	93	4

(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) Calendar year data from S&P Global Market Intelligence
(4) Calculated from unrounded data.
(5) Accident year data from the National Council on Compensation Insurance (NCCI).

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute; National Council on Compensation Insurance.