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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 ($) | ||||||
2017 | 194,914 | 2 | 21,826 | 2 | 204,129 | 10,875 | 155,850 | 392,680 | 2.01 |
2018 | 189,932 | 1 | 389,398 | 4 | 1,423,344 | 73,748 | 537,479 | 2,423,969 | 12.76 |
2019 | 199,750 | 7 | 870,285 | 161,014 | 1,031,299 | 5.16 | |||
2020 | 224,713 | 3 | 386,169 | 3 | 86,464 | 876,125 | 59,003 | 1,407,761 | 6.26 |
2021 | 211,832 | 1 | 344,169 | 5 | 224,296 | 902,728 | 118,434 | 1,589,627 | 7.50 |
TOTAL | 1,021,141 | 7 | 1,141,562 | 21 | 2,808,518 | 1,863,476 | 1,031,780 | 6,845,336 | 6.70 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 38 | 3.868 | 48 | 2.835 | 6.70 |
PURE PREMIUM UNDERLYING PRESENT RATE | 62 | 3.971 | 52 | 1.936 | 5.91 |
PURE PREMIUM DERIVED BY FORMULA | 3.932 | 2.368 | 6.30 |