Management Summary 2019
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NCCI's Residual Market Management Summary 2019 (PDF) is the best source for obtaining facts and figures about the workers compensation residual market plans and reinsurance pools that we service.
December 31, 2019, marked not only the end of a calendar year but also the end of a decade and the
dawn of another. Looking back at 2019 and the decade 2010 through 2019, we see that the residual market was administered effectively. It operated on a relatively consistent and self‐funded basis, with a
gradual decrease in premium volume and market share.
Highlights include:
- Total 2019 premium in the workers compensation insurance plans administered by NCCI, which includes both reinsurance pools and direct assignment experience, was reported at $698 million
- The residual market share of the overall workers compensation market is 5.4% in 2019, a decrease from 5.7% in 2018
- NCCI is preliminarily projecting a residual market operating loss of $75 million for PY 2019, representing a combined ratio of 108%
- This 2019 market share represents the fifth consecutive annual decline in market share since the 6.8% market share recorded for CY 2014
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