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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 ($) | ||||||
2017 | 101,095 | 6 | 1,708,332 | 8 | 305,924 | 951,719 | 126,914 | 3,092,889 | 30.59 |
2018 | 12,723 | 1 | 465,894 | 116,804 | 582,698 | 45.80 | |||
2019 | 26,225 | 1 | 40,300 | 5,284 | 45,584 | 1.74 | |||
2020 | 69,921 | ||||||||
2021 | 26,986 | ||||||||
TOTAL | 236,950 | 6 | 1,708,332 | 10 | 812,118 | 951,719 | 249,002 | 3,721,171 | 15.70 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 29 | 10.637 | 38 | 5.067 | 15.70 |
PURE PREMIUM UNDERLYING PRESENT RATE | 71 | 8.631 | 62 | 4.454 | 13.09 |
PURE PREMIUM DERIVED BY FORMULA | 9.213 | 4.687 | 13.90 |