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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 ($) | ||||||
2017 | 402,220 | 8 | 1,187,801 | 42 | 2,427,201 | 392,599 | 598,732 | 4,606,333 | 11.45 |
2018 | 391,711 | 3 | 1,129,490 | 51 | 2,585,859 | 178,361 | 744,331 | 4,638,041 | 11.84 |
2019 | 359,077 | 15 | 3,209,313 | 30 | 1,657,630 | 854,580 | 368,698 | 6,090,221 | 16.96 |
2020 | 354,284 | 8 | 2,297,041 | 35 | 1,843,888 | 545,459 | 443,394 | 5,129,782 | 14.48 |
2021 | 401,709 | 2 | 502,954 | 29 | 1,207,215 | 110,892 | 563,239 | 2,384,300 | 5.94 |
TOTAL | 1,909,001 | 36 | 8,326,599 | 187 | 9,721,793 | 2,081,891 | 2,718,394 | 22,848,677 | 11.97 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 68 | 9.454 | 69 | 2.515 | 11.97 |
PURE PREMIUM UNDERLYING PRESENT RATE | 32 | 9.190 | 31 | 2.507 | 11.70 |
PURE PREMIUM DERIVED BY FORMULA | 9.370 | 2.513 | 11.88 |