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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 ($) | ||||||
2017 | 3,283,442 | 7 | 853,064 | 42 | 1,816,527 | 169,246 | 534,988 | 3,373,825 | 1.03 |
2018 | 3,100,233 | 7 | 757,097 | 29 | 1,361,746 | 206,638 | 428,230 | 2,753,711 | .89 |
2019 | 3,127,275 | 3 | 78,646 | 23 | 983,756 | 21,751 | 469,156 | 1,553,309 | .50 |
2020 | 3,062,972 | 4 | 147,196 | 27 | 886,696 | 48,289 | 339,208 | 1,421,389 | .46 |
2021 | 3,162,313 | 18 | 706,695 | 326,554 | 1,033,249 | .33 | |||
TOTAL | 15,736,235 | 21 | 1,836,003 | 139 | 5,755,420 | 445,924 | 2,098,136 | 10,135,483 | .64 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 52 | 0.482 | 58 | 0.162 | 0.64 |
PURE PREMIUM UNDERLYING PRESENT RATE | 48 | 0.553 | 42 | 0.198 | 0.75 |
PURE PREMIUM DERIVED BY FORMULA | 0.516 | 0.177 | 0.69 |