Alaska Workers' Compensation Insurance Profitability (2023)

In 2023, Workers' Compensation insurers earned $189.3M in premiums in Alaska and ran a 45.4% loss ratio — the 23rd-highest of 51 states (a mid-range loss ratio for the line).

Source: NAIC 2023 Report on Profitability by Line by State. Loss ratio = incurred losses ÷ premiums earned.

Alaska loss ratio

45.4%

≈ national average

Premiums earned

$189.3M

Underwriting profit

18.5%

Nationally, Workers' Compensation ran a 45.1% loss ratio in 2023, so Alaska is in line with the national average. See how every state compares on the Workers' Compensation market page.

Getting Workers' Compensation coverage in Alaska

See recent Alaska rate filings on the Alaska rate page, learn how Workers' Compensation works in our Workers' Compensation guide, then compare real quotes for your business.

Compare Alaska Workers' Compensation Quotes →

Data: NAIC 2023 Report on Profitability by Line by State (public). See our data methodology. Figures are industry aggregates, not a quote.