| Excess Workers Compensation Insurance, 2008-2016 |
($000)
|
| Year |
Net premiums written (1) |
Annual percent change |
Combined ratio (2) |
Annual point change (3) |
| 2008 |
$926,487 |
NA |
148.3 |
NA |
| 2009 |
941,117 |
1.6% |
34.8 |
-113.5 pts. |
| 2010 |
799,733 |
-15.0 |
50.9 |
16.0 |
| 2011 |
816,435 |
2.1 |
134.7 |
83.8 |
| 2012 |
815,770 |
-0.1 |
153.6 |
18.9 |
| 2013 |
844,098 |
3.5 |
69.3 |
-84.3 |
| 2014 |
920,223 |
9.0 |
112.2 |
43.0 |
| 2015 |
929,393 |
1.0 |
113.6 |
1.4 |
| 2016 |
889,191 |
-4.3 |
111.6 |
-2.0 |
(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.
NA=Data not available.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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