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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 ($) | ||||||
2017 | 115,460 | 1 | 2,483 | 2,871 | 5,354 | .05 | |||
2018 | 122,778 | 2 | 17,011 | 68,153 | 85,164 | .69 | |||
2019 | 128,613 | 1 | 15,010 | 7 | 59,445 | 8,962 | 38,588 | 122,005 | .95 |
2020 | 201,093 | 2 | 82,937 | 3 | 60,259 | 47,797 | 56,628 | 247,621 | 1.23 |
2021 | 274,778 | 2 | 78,785 | 13 | 151,733 | 39,213 | 96,462 | 366,193 | 1.33 |
TOTAL | 842,722 | 5 | 176,732 | 26 | 290,931 | 95,972 | 262,702 | 826,337 | .98 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 18 | 0.555 | 25 | 0.426 | 0.98 |
PURE PREMIUM UNDERLYING PRESENT RATE | 82 | 0.715 | 75 | 0.437 | 1.15 |
PURE PREMIUM DERIVED BY FORMULA | 0.686 | 0.434 | 1.12 |