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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 ($) | ||||||
2017 | 1,874,208 | 28 | 6,262,943 | 98 | 5,505,374 | 3,031,095 | 3,198,235 | 17,997,647 | 9.60 |
2018 | 2,208,528 | 40 | 7,285,102 | 111 | 7,892,458 | 4,076,797 | 3,889,464 | 23,143,821 | 10.48 |
2019 | 2,231,562 | 50 | 8,425,737 | 121 | 7,937,339 | 3,977,503 | 3,458,645 | 23,799,224 | 10.66 |
2020 | 2,091,562 | 45 | 11,106,409 | 93 | 6,775,649 | 4,590,032 | 3,214,263 | 25,686,353 | 12.28 |
2021 | 2,819,454 | 32 | 6,136,018 | 87 | 5,919,558 | 3,745,426 | 3,293,471 | 19,094,473 | 6.77 |
TOTAL | 11,225,314 | 195 | 39,216,209 | 510 | 34,030,378 | 19,420,853 | 17,054,078 | 109,721,518 | 9.77 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 6.525 | 100 | 3.249 | 9.77 |
PURE PREMIUM UNDERLYING PRESENT RATE | 6.967 | 3.584 | 10.55 | ||
PURE PREMIUM DERIVED BY FORMULA | 6.525 | 3.249 | 9.77 |