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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 ($) | ||||||
2017 | 88,610 | 1 | 5,000 | 16,566 | 21,566 | .24 | |||
2018 | 190,214 | 2 | 391,345 | 4 | 906,409 | 191,376 | 58,209 | 1,547,339 | 8.13 |
2019 | 168,505 | 3 | 39,541 | 59,251 | 98,792 | .59 | |||
2020 | 143,102 | 1 | 148,052 | 33,112 | 181,164 | 1.27 | |||
2021 | 115,923 | 1 | 5,615 | 1 | 111,738 | 8,575 | 52,404 | 178,332 | 1.54 |
TOTAL | 706,354 | 3 | 396,960 | 10 | 1,210,740 | 199,951 | 219,542 | 2,027,193 | 2.87 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 28 | 2.276 | 28 | 0.594 | 2.87 |
PURE PREMIUM UNDERLYING PRESENT RATE | 72 | 2.780 | 72 | 0.705 | 3.49 |
PURE PREMIUM DERIVED BY FORMULA | 2.639 | 0.674 | 3.31 |