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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 ($) | ||||||
2017 | 7,782,885 | 89 | 12,038,311 | 313 | 14,626,966 | 6,301,924 | 7,331,740 | 40,298,941 | 5.18 |
2018 | 8,566,159 | 88 | 13,428,153 | 293 | 16,514,942 | 7,208,980 | 7,960,068 | 45,112,143 | 5.27 |
2019 | 8,384,612 | 95 | 14,733,236 | 223 | 9,280,954 | 7,432,817 | 4,969,043 | 36,416,050 | 4.34 |
2020 | 8,315,946 | 84 | 11,806,551 | 236 | 11,181,890 | 6,390,500 | 6,179,043 | 35,557,984 | 4.28 |
2021 | 9,892,703 | 84 | 14,365,359 | 262 | 12,771,066 | 8,007,116 | 6,672,462 | 41,816,003 | 4.23 |
TOTAL | 42,942,305 | 440 | 66,371,610 | 1,327 | 64,375,818 | 35,341,337 | 33,112,356 | 199,201,121 | 4.64 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 3.045 | 100 | 1.594 | 4.64 |
PURE PREMIUM UNDERLYING PRESENT RATE | 3.010 | 1.538 | 4.55 | ||
PURE PREMIUM DERIVED BY FORMULA | 3.045 | 1.594 | 4.64 |