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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 ($) | ||||||
2017 | 942,247 | 5 | 642,286 | 32 | 1,121,516 | 208,970 | 538,009 | 2,510,781 | 2.66 |
2018 | 953,939 | 2 | 385,696 | 25 | 1,391,950 | 131,261 | 384,546 | 2,293,453 | 2.40 |
2019 | 936,561 | 8 | 1,545,294 | 23 | 1,115,171 | 332,293 | 508,071 | 3,500,829 | 3.74 |
2020 | 926,040 | 6 | 844,128 | 24 | 1,276,795 | 501,840 | 420,151 | 3,042,914 | 3.29 |
2021 | 961,699 | 6 | 311,439 | 25 | 1,323,296 | 279,240 | 496,711 | 2,410,686 | 2.51 |
TOTAL | 4,720,486 | 27 | 3,728,843 | 129 | 6,228,728 | 1,453,604 | 2,347,488 | 13,758,663 | 2.91 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 55 | 2.109 | 69 | 0.805 | 2.91 |
PURE PREMIUM UNDERLYING PRESENT RATE | 45 | 2.148 | 31 | 1.021 | 3.17 |
PURE PREMIUM DERIVED BY FORMULA | 2.127 | 0.872 | 3.00 |