Excess Workers Compensation Insurance, 2013-2022

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2013 $844,098 3.5% 69.3 -84.3 pts.
2014 920,223 9.0 108.2 39.0
2015 929,393 1.0 113.6 5.4
2016 889,191 -4.3 111.6 -2.0
2017 796,587 -10.4 101.0 -10.6
2018 1,097,710 37.8 113.1 12.1
2019 931,400 -15.2 112.6 -0.5
2020 886,907 -4.8 88.5 -24.0
2021 929,025 4.7 102.7 14.1
2022 965,612 3.9 95.9 -6.7
(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) Calculated from unrounded numbers. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.