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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 ($) | ||||||
2017 | 78,861 | 2 | 12,330 | 2,820 | 15,150 | .19 | |||
2018 | 99,740 | 1 | 142,970 | 4 | 25,756 | 45,949 | 30,065 | 244,740 | 2.45 |
2019 | 171,987 | 1 | 213,477 | 1 | 25,292 | 128,209 | 23,841 | 390,819 | 2.27 |
2020 | 186,399 | 1 | 166,570 | 3 | 3,266 | 81,999 | 5,979 | 257,814 | 1.38 |
2021 | 193,429 | 3 | 335,598 | 1 | 2 | 264,335 | 5,418 | 605,353 | 3.13 |
TOTAL | 730,416 | 6 | 858,615 | 11 | 66,646 | 520,492 | 68,123 | 1,513,876 | 2.07 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 20 | 1.267 | 24 | 0.806 | 2.07 |
PURE PREMIUM UNDERLYING PRESENT RATE | 80 | 1.092 | 76 | 0.491 | 1.58 |
PURE PREMIUM DERIVED BY FORMULA | 1.127 | 0.567 | 1.69 |