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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 ($) | ||||||
2017 | 719,641 | 8 | 1,018,855 | 31 | 1,016,937 | 644,813 | 554,859 | 3,235,464 | 4.50 |
2018 | 818,655 | 5 | 313,124 | 24 | 1,124,360 | 81,140 | 498,445 | 2,017,069 | 2.46 |
2019 | 866,120 | 3 | 95,304 | 34 | 780,374 | 78,158 | 500,551 | 1,454,387 | 1.68 |
2020 | 798,472 | 6 | 513,623 | 27 | 476,975 | 190,750 | 246,319 | 1,427,667 | 1.79 |
2021 | 866,601 | 7 | 1,440,525 | 34 | 742,149 | 828,798 | 426,657 | 3,438,129 | 3.97 |
TOTAL | 4,069,489 | 29 | 3,381,431 | 150 | 4,140,795 | 1,823,659 | 2,226,831 | 11,572,716 | 2.84 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 44 | 1.848 | 60 | 0.995 | 2.84 |
PURE PREMIUM UNDERLYING PRESENT RATE | 56 | 1.408 | 40 | 0.828 | 2.24 |
PURE PREMIUM DERIVED BY FORMULA | 1.602 | 0.928 | 2.53 |