Change in red denotes worsening, while change in green denotes improvement of direct incurred loss ratio on an YoY basis.
No. | Carrier | Q3:24 | Direct incurred loss ratio (%) | YoY change | |||||
---|---|---|---|---|---|---|---|---|---|
DPW ($mn) | Share | Q3:23 | Q4:23 | Q1:24 | Q2:24 | Q3:24 | Q3:24 | ||
1 | The Hartford | $906 | 6.8% | 44.9% | 42.3% | 45.0% | 45.1% | 45.0% | 0.1pts |
2 | Travelers | $872 | 6.5% | 42.5% | 41.2% | 54.1% | 29.4% | 45.2% | 2.7pts |
3 | AmTrust Financial | $760 | 5.7% | 43.3% | 57.0% | 52.6% | 51.5% | 52.8% | 9.5pts |
4 | Zurich | $754 | 5.6% | NM | 52.0% | 52.9% | 55.4% | NM | NM |
5 | Chubb | $548 | 4.1% | 41.7% | 9.5% | 45.3% | 24.5% | 36.7% | (4.9)pts |
6 | Berkshire Hathaway | $509 | 3.8% | 51.4% | 47.5% | 48.8% | 54.3% | 59.1% | 7.7pts |
7 | Liberty Mutual | $430 | 3.2% | 59.0% | 17.3% | 58.6% | 51.9% | 61.8% | 2.8pts |
8 | AF Group | $389 | 2.9% | 44.6% | 45.1% | 55.1% | 50.5% | 58.3% | 13.6pts |
9 | Old Republic | $367 | 2.7% | 69.2% | 24.6% | 42.8% | 62.5% | 62.7% | (6.5)pts |
10 | AFG | $334 | 2.5% | 44.1% | 41.5% | 42.5% | 41.9% | 44.1% | (0.1)pts |
Total workers' comp | $13,359 | - | 46.4% | 35.6% | 50.4% | 46.0% | 50.8% | 4.3pts |