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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 ($) | ||||||
2017 | 128,280 | 2 | 90,746 | 8 | 66,026 | 24,602 | 73,796 | 255,170 | 1.99 |
2018 | 159,746 | 1 | 63,338 | 9 | 94,291 | 50,352 | 58,705 | 266,686 | 1.67 |
2019 | 197,892 | 7 | 157,252 | 97,032 | 254,284 | 1.28 | |||
2020 | 103,327 | 2 | 12,127 | 4 | 154,338 | 22,379 | 58,424 | 247,268 | 2.39 |
2021 | 215,530 | 1 | 3,507 | 8 | 57,321 | 9,652 | 45,630 | 116,110 | .54 |
TOTAL | 804,775 | 6 | 169,718 | 36 | 529,228 | 106,985 | 333,587 | 1,139,518 | 1.42 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 29 | 0.868 | 42 | 0.547 | 1.42 |
PURE PREMIUM UNDERLYING PRESENT RATE | 71 | 2.454 | 58 | 1.713 | 4.17 |
PURE PREMIUM DERIVED BY FORMULA | 1.994 | 1.223 | 3.22 |