A tight job market with low unemployment often results in hiring less experienced workers, potentially resulting in more first-year injuries in select industries. (Credit: blvdone/Adobe Stock)
After a decade of extended profitability, the U.S. workers' compensation re/insurance (WC) market faces emerging challenges, a Swiss Re analysis shows.
This market has been a bright spot in an often tough environment for casualty re/insurers, with the National Council on Compensation Insurance (NCCI) recently highlighting continued strong performance in 2023 that saw a 10th consecutive calendar year of underwriting profitability for private carriers.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
