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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 ($) | ||||||
2017 | 189,068 | 1 | 216,165 | 11 | 630,881 | 183,185 | 281,063 | 1,311,294 | 6.94 |
2018 | 208,754 | 3 | 569,208 | 10 | 261,023 | 399,793 | 114,087 | 1,344,111 | 6.44 |
2019 | 195,134 | 3 | 204,945 | 9 | 214,658 | 61,256 | 56,489 | 537,348 | 2.75 |
2020 | 195,922 | 4 | 297,932 | 4 | 208,438 | 133,685 | 65,493 | 705,548 | 3.60 |
2021 | 210,828 | 4 | 194,807 | 6 | 218,162 | 598,499 | 168,766 | 1,180,234 | 5.60 |
TOTAL | 999,706 | 15 | 1,483,057 | 40 | 1,533,162 | 1,376,418 | 685,898 | 5,078,535 | 5.08 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 36 | 3.017 | 47 | 2.063 | 5.08 |
PURE PREMIUM UNDERLYING PRESENT RATE | 64 | 3.538 | 53 | 1.845 | 5.38 |
PURE PREMIUM DERIVED BY FORMULA | 3.350 | 1.947 | 5.30 |