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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 ($) | ||||||
2017 | 1,024,847 | 4 | 146,183 | 7 | 210,512 | 47,220 | 152,279 | 556,194 | .54 |
2018 | 1,140,275 | 1 | 346,823 | 10 | 527,415 | 176,070 | 158,685 | 1,208,993 | 1.06 |
2019 | 1,171,433 | 1 | 517,307 | 7 | 323,340 | 113,557 | 110,175 | 1,064,379 | .91 |
2020 | 1,111,041 | 2 | 566,410 | 12 | 726,276 | 83,079 | 253,748 | 1,629,513 | 1.47 |
2021 | 1,258,620 | 1 | 102,098 | 13 | 823,633 | 37,049 | 364,689 | 1,327,469 | 1.05 |
TOTAL | 5,706,216 | 9 | 1,678,821 | 49 | 2,611,176 | 456,975 | 1,039,576 | 5,786,548 | 1.01 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 42 | 0.752 | 52 | 0.262 | 1.01 |
PURE PREMIUM UNDERLYING PRESENT RATE | 58 | 0.928 | 48 | 0.414 | 1.34 |
PURE PREMIUM DERIVED BY FORMULA | 0.854 | 0.335 | 1.19 |