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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 ($) | ||||||
2017 | 55,527 | 2 | 5,871 | 5,571 | 11,442 | .21 | |||
2018 | 29,436 | 4 | 55,623 | 31,171 | 86,794 | 2.95 | |||
2019 | 20,155 | 1 | 342,428 | 1 | 45 | 109,145 | 6 | 451,624 | 22.41 |
2020 | 9,099 | ||||||||
2021 | 12,678 | ||||||||
TOTAL | 126,895 | 1 | 342,428 | 7 | 61,539 | 109,145 | 36,748 | 549,860 | 4.33 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 21 | 3.183 | 26 | 1.150 | 4.33 |
PURE PREMIUM UNDERLYING PRESENT RATE | 79 | 6.922 | 74 | 3.163 | 10.09 |
PURE PREMIUM DERIVED BY FORMULA | 6.137 | 2.640 | 8.78 |