| 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. |
|