Workers Compensation Insurance, 2006-2015 |
($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 |
2006 |
$41,820,419 |
7.3% |
95.4 |
-6.7 pts. |
85 |
-2 pts. |
2007 |
40,610,991 |
-2.9 |
101.7 |
6.3 |
97 |
12 |
2008 |
36,939,016 |
-9.0 |
101.5 |
-0.2 |
104 |
7 |
2009 |
32,247,870 |
-12.7 |
107.9 |
6.4 |
108 |
4 |
2010 |
31,643,087 |
-1.9 |
116.1 |
8.2 |
116 |
8 |
2011 |
35,664,230 |
12.7 |
117.6 |
1.5 |
112 |
-4 |
2012 |
38,747,594 |
8.6 |
110.4 |
-7.3 |
103 |
-9 |
2013 |
41,147,216 |
6.2 |
103.0 |
-7.3 |
100 |
-3 |
2014 |
43,546,737 |
5.8 |
102.4 |
-0.6 |
97 |
-3 |
2015 |
45,090,509 |
3.5 |
95.4 |
-7.0 |
98 (6) |
1 |
(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. |
|