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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 ($) | ||||||
2017 | 1,358,986 | 3 | 54,648 | 17 | 255,364 | 18,200 | 169,115 | 497,327 | .37 |
2018 | 1,170,015 | 4 | 182,548 | 21 | 1,209,981 | 110,613 | 555,754 | 2,058,896 | 1.76 |
2019 | 964,928 | 2 | 67,971 | 16 | 281,775 | 21,990 | 229,590 | 601,326 | .62 |
2020 | 858,989 | 3 | 222,675 | 16 | 210,396 | 45,879 | 175,818 | 654,768 | .76 |
2021 | 1,231,485 | 1 | 65,933 | 20 | 840,296 | 19,304 | 603,879 | 1,529,412 | 1.24 |
TOTAL | 5,584,403 | 13 | 593,775 | 90 | 2,797,812 | 215,986 | 1,734,156 | 5,341,729 | .96 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 38 | 0.607 | 50 | 0.349 | 0.96 |
PURE PREMIUM UNDERLYING PRESENT RATE | 62 | 0.718 | 50 | 0.380 | 1.10 |
PURE PREMIUM DERIVED BY FORMULA | 0.676 | 0.365 | 1.04 |