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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 ($) | ||||||
2017 | 228,323 | 1 | 1,933 | 14,379 | 16,312 | .07 | |||
2018 | 312,069 | 2 | 55,260 | 60,508 | 115,768 | .37 | |||
2019 | 420,267 | 1 | 289,557 | 1 | 51,602 | 22,147 | 37,142 | 400,448 | .95 |
2020 | 264,284 | 2 | 59,306 | 17,208 | 76,514 | .29 | |||
2021 | 480,175 | 11 | 697,988 | 388,062 | 1,086,050 | 2.26 | |||
TOTAL | 1,705,118 | 1 | 289,557 | 17 | 866,089 | 22,147 | 517,299 | 1,695,092 | .99 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 22 | 0.678 | 28 | 0.316 | 0.99 |
PURE PREMIUM UNDERLYING PRESENT RATE | 78 | 0.619 | 72 | 0.294 | 0.91 |
PURE PREMIUM DERIVED BY FORMULA | 0.632 | 0.300 | 0.93 |