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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 ($) | ||||||
2017 | 7,655,280 | 50 | 5,289,343 | 327 | 8,702,901 | 2,994,599 | 6,282,272 | 23,269,115 | 3.04 |
2018 | 8,338,558 | 84 | 9,564,361 | 307 | 8,466,997 | 6,257,129 | 5,635,973 | 29,924,460 | 3.59 |
2019 | 8,981,997 | 98 | 9,219,897 | 279 | 8,127,158 | 5,088,664 | 4,738,711 | 27,174,430 | 3.03 |
2020 | 9,322,058 | 108 | 9,903,973 | 269 | 8,292,664 | 7,137,986 | 5,471,233 | 30,805,856 | 3.30 |
2021 | 10,654,266 | 73 | 8,128,502 | 312 | 9,156,527 | 7,793,091 | 5,153,551 | 30,231,671 | 2.84 |
TOTAL | 44,952,159 | 413 | 42,106,076 | 1,494 | 42,746,247 | 29,271,469 | 27,281,740 | 141,405,532 | 3.15 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 1.888 | 100 | 1.258 | 3.15 |
PURE PREMIUM UNDERLYING PRESENT RATE | 1.944 | 1.244 | 3.19 | ||
PURE PREMIUM DERIVED BY FORMULA | 1.888 | 1.258 | 3.15 |