NCCI Combined Ratio Optimism – Top Question Posed to NCCI Every Year
I have been very hesitant over the years to include videos in these 2,000 articles. Quite a few articles in this blog have covered the vast improvements in the NCCI Combined Ratio figures. Being text-based and easy to read was my goal since the first article was published in 2007. Cristine Pike, Communications Director for NCCI forwarded the below video as a snippet of what the NCCI Yearly AIS Conference covers in its sessions.
I was going to write an introduction to the video. Cristine’s message to me should suffice.
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Sharing our newly released INSIGHTS video edition, which highlights some key takeaways from our AIS State of the Line. Additionally, you’ll get to see our newest expert, Sandra Kipust – she was behind the scenes to support the data we delivered.
Breaking down a 75-minute presentation isn’t easy, and sometimes folks aren’t able to digest all the content at once.
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I agree – watching a 75-minute video on Workers Comp is quite a task. The below video is 7:09 long. The NCCI Combined Ratio chart is below the video for reference. The Combined Ratio discussion starts at approximately 1:40 and 4:40 in the video.
The Reported Combined Ratio (Policy Year) vs. Selected NCCI Combined Ratio chart is below. I suggest taking the time to watch the video in full. The two participants in the video are:
I will be writing another article that covers the difference between reported and selected ratios later this week.
