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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 ($) | ||||||
2017 | 1,996,126 | 13 | 2,342,963 | 63 | 2,001,960 | 1,303,387 | 1,133,619 | 6,781,929 | 3.40 |
2018 | 2,070,441 | 14 | 1,012,474 | 69 | 2,611,504 | 489,059 | 1,007,446 | 5,120,483 | 2.47 |
2019 | 1,951,448 | 20 | 1,944,946 | 50 | 1,955,480 | 880,936 | 1,035,064 | 5,816,426 | 2.98 |
2020 | 1,975,362 | 17 | 1,257,975 | 59 | 1,343,493 | 685,921 | 848,815 | 4,136,204 | 2.09 |
2021 | 2,196,178 | 16 | 2,092,864 | 55 | 1,171,139 | 1,231,542 | 749,151 | 5,244,696 | 2.39 |
TOTAL | 10,189,555 | 80 | 8,651,222 | 296 | 9,083,576 | 4,590,845 | 4,774,095 | 27,099,738 | 2.66 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 67 | 1.740 | 87 | 0.919 | 2.66 |
PURE PREMIUM UNDERLYING PRESENT RATE | 33 | 1.629 | 13 | 0.854 | 2.48 |
PURE PREMIUM DERIVED BY FORMULA | 1.703 | 0.911 | 2.61 |