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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 ($) | ||||||
2017 | 631,972 | 4 | 132,992 | 31 | 910,329 | 88,521 | 423,922 | 1,555,764 | 2.46 |
2018 | 891,095 | 8 | 1,162,482 | 28 | 1,133,070 | 618,537 | 426,898 | 3,340,987 | 3.75 |
2019 | 833,678 | 6 | 536,261 | 20 | 870,341 | 241,053 | 376,666 | 2,024,321 | 2.43 |
2020 | 923,148 | 4 | 479,224 | 12 | 578,865 | 99,564 | 326,992 | 1,484,645 | 1.61 |
2021 | 994,598 | 6 | 389,267 | 24 | 440,810 | 246,889 | 282,396 | 1,359,362 | 1.37 |
TOTAL | 4,274,491 | 28 | 2,700,226 | 115 | 3,933,415 | 1,294,564 | 1,836,874 | 9,765,079 | 2.28 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 45 | 1.552 | 59 | 0.733 | 2.29 |
PURE PREMIUM UNDERLYING PRESENT RATE | 55 | 1.480 | 41 | 0.760 | 2.24 |
PURE PREMIUM DERIVED BY FORMULA | 1.512 | 0.744 | 2.26 |