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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 ($) | ||||||
2017 | 3,124,328 | 39 | 9,626,879 | 147 | 10,600,002 | 7,017,918 | 6,680,626 | 33,925,425 | 10.86 |
2018 | 2,919,424 | 40 | 8,803,494 | 116 | 10,444,667 | 6,997,238 | 6,910,130 | 33,155,529 | 11.36 |
2019 | 2,880,571 | 45 | 10,382,377 | 109 | 7,066,990 | 7,170,198 | 4,371,363 | 28,990,928 | 10.06 |
2020 | 2,968,673 | 50 | 9,667,393 | 84 | 5,429,794 | 8,042,145 | 3,306,763 | 26,446,095 | 8.91 |
2021 | 3,058,269 | 48 | 7,953,205 | 102 | 7,825,972 | 7,767,793 | 5,801,327 | 29,348,297 | 9.60 |
TOTAL | 14,951,265 | 222 | 46,433,348 | 558 | 41,367,425 | 36,995,292 | 27,070,209 | 151,866,274 | 10.16 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 5.872 | 100 | 4.285 | 10.16 |
PURE PREMIUM UNDERLYING PRESENT RATE | 6.276 | 4.332 | 10.61 | ||
PURE PREMIUM DERIVED BY FORMULA | 5.872 | 4.285 | 10.16 |