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.
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.
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.