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. |
|