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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 ($) | ||||||
2017 | 313,683 | 3 | 251,320 | 16 | 484,877 | 59,683 | 169,555 | 965,435 | 3.08 |
2018 | 334,698 | 1 | 130,254 | 15 | 330,033 | 101,076 | 373,977 | 935,340 | 2.79 |
2019 | 331,889 | 1 | 159,433 | 15 | 386,835 | 60,512 | 226,587 | 833,367 | 2.51 |
2020 | 333,058 | 4 | 293,231 | 7 | 181,611 | 160,759 | 97,495 | 733,096 | 2.20 |
2021 | 409,365 | 2 | 224,582 | 20 | 631,676 | 127,927 | 290,322 | 1,274,507 | 3.11 |
TOTAL | 1,722,693 | 11 | 1,058,820 | 73 | 2,015,032 | 509,957 | 1,157,936 | 4,741,745 | 2.75 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 34 | 1.784 | 46 | 0.968 | 2.75 |
PURE PREMIUM UNDERLYING PRESENT RATE | 66 | 1.788 | 54 | 0.989 | 2.78 |
PURE PREMIUM DERIVED BY FORMULA | 1.787 | 0.979 | 2.77 |