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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 ($) | ||||||
2017 | 141,975 | 6 | 113,237 | 47,130 | 160,367 | 1.13 | |||
2018 | 133,730 | 6 | 158,590 | 62,657 | 221,247 | 1.65 | |||
2019 | 96,990 | 1 | 138,923 | 3 | 45,045 | 34,097 | 20,080 | 238,145 | 2.46 |
2020 | 89,450 | 2 | 267,203 | 4 | 9,953 | 84,973 | 9,654 | 371,783 | 4.16 |
2021 | 108,006 | 2 | 61,420 | 30,643 | 92,063 | .85 | |||
TOTAL | 570,151 | 3 | 406,126 | 21 | 388,245 | 119,070 | 170,164 | 1,083,605 | 1.90 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 18 | 1.393 | 22 | 0.507 | 1.90 |
PURE PREMIUM UNDERLYING PRESENT RATE | 82 | 1.144 | 78 | 0.468 | 1.61 |
PURE PREMIUM DERIVED BY FORMULA | 1.189 | 0.477 | 1.67 |