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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 ($) | ||||||
2017 | 303,947 | 2 | 284,266 | 2 | 17,419 | 190,165 | 28,498 | 520,348 | 1.71 |
2018 | 284,531 | 1 | 342,742 | 6 | 221,939 | 264,931 | 116,718 | 946,330 | 3.33 |
2019 | 313,821 | 4 | 72,072 | 58,871 | 130,943 | .42 | |||
2020 | 284,382 | 2 | 178,517 | 6 | 269,401 | 68,611 | 51,278 | 567,807 | 2.00 |
2021 | 287,339 | 2 | 179,586 | 1 | 68,682 | 91,973 | 51,973 | 392,214 | 1.36 |
TOTAL | 1,474,020 | 7 | 985,111 | 19 | 649,513 | 615,680 | 307,338 | 2,557,642 | 1.74 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 25 | 1.109 | 34 | 0.626 | 1.74 |
PURE PREMIUM UNDERLYING PRESENT RATE | 75 | 0.965 | 66 | 0.540 | 1.51 |
PURE PREMIUM DERIVED BY FORMULA | 1.001 | 0.569 | 1.57 |