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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 ($) | ||||||
2017 | 586,133 | 6 | 1,604,354 | 22 | 775,269 | 1,011,769 | 622,775 | 4,014,167 | 6.85 |
2018 | 422,639 | 10 | 2,601,868 | 27 | 1,528,930 | 1,816,706 | 1,684,700 | 7,632,204 | 18.06 |
2019 | 508,696 | 18 | 3,638,672 | 15 | 2,657,892 | 3,534,032 | 2,098,100 | 11,928,696 | 23.45 |
2020 | 534,047 | 14 | 3,660,221 | 17 | 2,934,563 | 2,173,428 | 1,678,491 | 10,446,703 | 19.56 |
2021 | 653,650 | 11 | 1,486,946 | 14 | 1,255,782 | 2,189,320 | 1,209,549 | 6,141,597 | 9.40 |
TOTAL | 2,705,165 | 59 | 12,992,061 | 95 | 9,152,436 | 10,725,255 | 7,293,615 | 40,163,367 | 14.85 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 83 | 8.186 | 100 | 6.661 | 14.85 |
PURE PREMIUM UNDERLYING PRESENT RATE | 17 | 10.421 | 6.731 | 17.15 | |
PURE PREMIUM DERIVED BY FORMULA | 8.566 | 6.661 | 15.23 |