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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 ($) | ||||||
2017 | 296,996 | 3 | 771,542 | 9 | 1,015,679 | 299,724 | 482,735 | 2,569,680 | 8.65 |
2018 | 246,798 | 1 | 21,632 | 7 | 258,698 | 2,527 | 276,889 | 559,746 | 2.27 |
2019 | 241,241 | 1 | 67,502 | 4 | 217,474 | 89,748 | 42,537 | 417,261 | 1.73 |
2020 | 215,371 | 3 | 187,156 | 5 | 164,926 | 122,605 | 78,722 | 553,409 | 2.57 |
2021 | 231,738 | 3 | 481,003 | 5 | 183,093 | 368,232 | 213,878 | 1,246,206 | 5.38 |
TOTAL | 1,232,144 | 11 | 1,528,835 | 30 | 1,839,870 | 882,836 | 1,094,761 | 5,346,302 | 4.34 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 38 | 2.734 | 51 | 1.605 | 4.34 |
PURE PREMIUM UNDERLYING PRESENT RATE | 62 | 3.257 | 49 | 1.846 | 5.10 |
PURE PREMIUM DERIVED BY FORMULA | 3.058 | 1.723 | 4.78 |