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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 ($) | ||||||
2017 | 301,180 | 3 | 63,004 | 21 | 812,851 | 24,812 | 371,161 | 1,271,828 | 4.22 |
2018 | 324,074 | 2 | 319,318 | 25 | 935,881 | 149,602 | 427,627 | 1,832,428 | 5.65 |
2019 | 333,056 | 2 | 89,909 | 23 | 1,318,619 | 86,282 | 430,689 | 1,925,499 | 5.78 |
2020 | 320,438 | 2 | 154,238 | 13 | 588,004 | 63,183 | 208,922 | 1,014,347 | 3.17 |
2021 | 394,118 | 1 | 2,878 | 20 | 919,610 | 3,078 | 353,205 | 1,278,771 | 3.24 |
TOTAL | 1,672,866 | 10 | 629,347 | 102 | 4,574,965 | 326,957 | 1,791,604 | 7,322,873 | 4.38 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 40 | 3.111 | 50 | 1.266 | 4.38 |
PURE PREMIUM UNDERLYING PRESENT RATE | 60 | 2.792 | 50 | 1.270 | 4.06 |
PURE PREMIUM DERIVED BY FORMULA | 2.920 | 1.268 | 4.19 |