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Class Code Pure Premium
POLICY YEAR | PAYROLL (IN HUNDREDS) ($) | IND LIKELY LOSES | IND NOT-LIKELY LOSSES | MEDICAL LIKELY LOSSES ($) | MEDICAL NOT-LIKELY LOSSES ($) | TOTAL LOSSES ($) | TOTAL PURE PREMIUM ($) | ||
---|---|---|---|---|---|---|---|---|---|
# CASES | AMOUNT ($) | # CASES | AMOUNT ($) | ||||||
2017 | 715,796 | 1 | 269,694 | 11 | 196,915 | 66,135 | 131,840 | 664,584 | .93 |
2018 | 769,117 | 7 | 149,981 | 15 | 278,913 | 192,579 | 247,951 | 869,424 | 1.13 |
2019 | 793,341 | 5 | 125,696 | 10 | 500,220 | 185,655 | 216,063 | 1,027,634 | 1.30 |
2020 | 887,520 | 4 | 50,530 | 11 | 182,762 | 14,631 | 166,664 | 414,587 | .47 |
2021 | 938,056 | 2 | 28,313 | 11 | 1,062,068 | 54,683 | 279,307 | 1,424,371 | 1.52 |
TOTAL | 4,103,830 | 19 | 624,214 | 58 | 2,220,878 | 513,683 | 1,041,825 | 4,400,600 | 1.07 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 33 | 0.693 | 47 | 0.379 | 1.07 |
PURE PREMIUM UNDERLYING PRESENT RATE | 67 | 0.697 | 53 | 0.443 | 1.14 |
PURE PREMIUM DERIVED BY FORMULA | 0.696 | 0.413 | 1.11 |