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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 ($) | ||||||
2017 | 1,039,281 | 9 | 2,006,447 | 33 | 3,259,483 | 934,430 | 2,189,970 | 8,390,330 | 8.07 |
2018 | 1,086,085 | 8 | 2,546,394 | 23 | 1,344,518 | 886,405 | 968,406 | 5,745,723 | 5.29 |
2019 | 1,048,540 | 6 | 2,126,132 | 24 | 1,828,337 | 874,889 | 804,040 | 5,633,398 | 5.37 |
2020 | 1,022,591 | 9 | 2,173,255 | 19 | 2,123,656 | 1,054,228 | 755,006 | 6,106,145 | 5.97 |
2021 | 1,119,599 | 3 | 65,911 | 12 | 1,139,339 | 59,335 | 587,119 | 1,851,704 | 1.65 |
TOTAL | 5,316,096 | 35 | 8,918,139 | 111 | 9,695,333 | 3,809,287 | 5,304,541 | 27,727,300 | 5.22 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 74 | 3.501 | 95 | 1.714 | 5.22 |
PURE PREMIUM UNDERLYING PRESENT RATE | 26 | 4.019 | 5 | 1.995 | 6.01 |
PURE PREMIUM DERIVED BY FORMULA | 3.636 | 1.728 | 5.36 |