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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 ($) | ||||||
2017 | 8,012,325 | 75 | 16,272,145 | 243 | 18,854,284 | 9,854,911 | 12,059,667 | 57,041,007 | 7.12 |
2018 | 8,580,029 | 101 | 24,488,223 | 239 | 18,510,140 | 14,982,589 | 11,344,066 | 69,325,018 | 8.08 |
2019 | 7,922,991 | 144 | 32,442,165 | 189 | 13,141,690 | 21,913,429 | 6,666,963 | 74,164,247 | 9.36 |
2020 | 7,739,418 | 115 | 27,418,072 | 183 | 14,571,782 | 16,491,231 | 7,777,071 | 66,258,156 | 8.56 |
2021 | 8,075,466 | 102 | 18,348,386 | 171 | 11,528,541 | 12,799,072 | 6,103,214 | 48,779,213 | 6.04 |
TOTAL | 40,330,229 | 537 | 118,968,991 | 1,025 | 76,606,437 | 76,041,232 | 43,950,981 | 315,567,641 | 7.82 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 4.849 | 100 | 2.975 | 7.82 |
PURE PREMIUM UNDERLYING PRESENT RATE | 4.962 | 3.052 | 8.01 | ||
PURE PREMIUM DERIVED BY FORMULA | 4.849 | 2.975 | 7.82 |