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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 ($) | ||||||
2017 | 489,333 | 4 | 1,453,339 | 17 | 680,141 | 336,780 | 526,737 | 2,996,997 | 6.12 |
2018 | 529,151 | 3 | 715,206 | 16 | 988,250 | 163,449 | 470,336 | 2,337,241 | 4.42 |
2019 | 578,938 | 2 | 177,613 | 15 | 595,414 | 62,781 | 282,077 | 1,117,885 | 1.93 |
2020 | 591,737 | 3 | 139,367 | 10 | 647,896 | 205,953 | 280,864 | 1,274,080 | 2.15 |
2021 | 681,287 | 6 | 634,802 | 18 | 900,256 | 1,303,617 | 567,371 | 3,406,046 | 5.00 |
TOTAL | 2,870,446 | 18 | 3,120,327 | 76 | 3,811,957 | 2,072,580 | 2,127,385 | 11,132,249 | 3.88 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 49 | 2.415 | 58 | 1.463 | 3.88 |
PURE PREMIUM UNDERLYING PRESENT RATE | 51 | 2.609 | 42 | 1.102 | 3.71 |
PURE PREMIUM DERIVED BY FORMULA | 2.514 | 1.311 | 3.83 |