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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 ($) | ||||||
2017 | 1,904,552 | 6 | 624,035 | 52 | 1,536,574 | 448,820 | 668,906 | 3,278,335 | 1.72 |
2018 | 2,242,313 | 7 | 693,101 | 44 | 1,805,295 | 265,131 | 761,440 | 3,524,967 | 1.57 |
2019 | 1,821,197 | 4 | 125,671 | 31 | 1,072,590 | 93,920 | 744,973 | 2,037,154 | 1.12 |
2020 | 1,266,295 | 3 | 49,907 | 18 | 385,279 | 48,544 | 250,331 | 734,061 | .58 |
2021 | 1,312,708 | 1 | 455,234 | 13 | 164,931 | 77,274 | 160,925 | 858,364 | .65 |
TOTAL | 8,547,065 | 21 | 1,947,948 | 158 | 4,964,669 | 933,689 | 2,586,575 | 10,432,881 | 1.22 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 51 | 0.809 | 66 | 0.412 | 1.22 |
PURE PREMIUM UNDERLYING PRESENT RATE | 49 | 0.988 | 34 | 0.499 | 1.49 |
PURE PREMIUM DERIVED BY FORMULA | 0.897 | 0.442 | 1.34 |