As a reminder, this is the week in which the Nation Council of Compensation Insurance (“NCCI”) hosts the Annual Issues Symposium (“AIS”) in Orlando. This is by far the workers’ compensation industry’s most important event and where NCCI Chief Actuarial Officer Kathy Antonello will provide the keynote presentation at 9:15 this morning (5.14.15) on the emerging trends and overall fiscal health of the industry. The all-important industry combined ratio (Losses and Fixed Cost/Premiums and Investment Income) on both an accident and calendar year basis is the macro focus, but many other important trend analytics are presented on every element of the wc system that is meaningful (i.e. opiates, wellness).
Last year’s version of Kathy’s presentation is linked below –
https://www.ncci.com/Documents/AIS-2014-SOL-Presentation.pdf
“What do you think the combined will be” has been the conversation topic all week and Kathy will provide industry magnates the answer today (my pocket number is a 99).
“…and the combined ratio for 2015 is?” (last year was a 101…)
-PRH