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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 ($) | ||||||
2017 | 497,866 | 9 | 1,133,967 | 15 | 279,660 | 699,029 | 161,939 | 2,274,595 | 4.57 |
2018 | 541,237 | 5 | 364,960 | 14 | 444,147 | 190,256 | 262,629 | 1,261,992 | 2.33 |
2019 | 370,012 | 2 | 215,215 | 11 | 45,507 | 120,904 | 49,811 | 431,437 | 1.17 |
2020 | 843,302 | 4 | 41,596 | 19 | 751,551 | 31,554 | 327,493 | 1,152,194 | 1.37 |
2021 | 1,091,541 | 7 | 483,556 | 39 | 776,923 | 216,962 | 436,059 | 1,913,500 | 1.75 |
TOTAL | 3,343,958 | 27 | 2,239,294 | 98 | 2,297,788 | 1,258,705 | 1,237,931 | 7,033,718 | 2.10 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 42 | 1.357 | 59 | 0.747 | 2.10 |
PURE PREMIUM UNDERLYING PRESENT RATE | 58 | 1.534 | 41 | 0.963 | 2.50 |
PURE PREMIUM DERIVED BY FORMULA | 1.460 | 0.836 | 2.30 |