EXCESS WORKERS COMPENSATION INSURANCE, 2008-2011

($000)

Year Net premiums written (1) Annual percent change Combined ratio (2) Annual point change (3)
2008 $926,456 NA 148.3 NA
2009 941,082 1.6% 35.1 -113.2 pts.
2010 799,499 -15.0 51.4 16.3
2011 816,295 2.1 133.9 82.5

(1) After reinsurance transactions, excluding 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 data.

NA=Data not available.

Source: SNL Financial LC.