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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 ($) | ||||||
2017 | 5,566,955 | 63 | 7,254,780 | 317 | 14,506,288 | 4,814,542 | 9,490,490 | 36,066,100 | 6.48 |
2018 | 5,778,315 | 84 | 7,354,146 | 255 | 9,124,622 | 6,152,457 | 5,447,123 | 28,078,348 | 4.86 |
2019 | 6,029,035 | 99 | 11,028,912 | 229 | 6,818,070 | 6,723,031 | 4,180,989 | 28,751,002 | 4.77 |
2020 | 6,466,605 | 127 | 11,556,700 | 230 | 7,340,124 | 9,130,267 | 4,968,832 | 32,995,923 | 5.10 |
2021 | 7,588,069 | 126 | 14,552,178 | 254 | 9,311,340 | 11,160,602 | 6,254,856 | 41,278,976 | 5.44 |
TOTAL | 31,428,979 | 499 | 51,746,716 | 1,285 | 47,100,444 | 37,980,899 | 30,342,290 | 167,170,349 | 5.32 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 3.145 | 100 | 2.174 | 5.32 |
PURE PREMIUM UNDERLYING PRESENT RATE | 2.929 | 2.252 | 5.18 | ||
PURE PREMIUM DERIVED BY FORMULA | 3.145 | 2.174 | 5.32 |