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.