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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 ($) | ||||||
2017 | 11,830,836 | 181 | 15,819,634 | 798 | 26,791,617 | 10,401,329 | 13,295,377 | 66,307,957 | 5.60 |
2018 | 12,477,357 | 160 | 15,545,398 | 891 | 27,028,159 | 6,830,778 | 13,753,530 | 63,157,865 | 5.06 |
2019 | 11,994,709 | 130 | 12,917,713 | 661 | 24,101,573 | 4,803,307 | 9,786,407 | 51,609,000 | 4.30 |
2020 | 9,166,045 | 90 | 6,207,526 | 475 | 16,088,232 | 3,660,895 | 6,519,046 | 32,475,699 | 3.54 |
2021 | 11,457,645 | 137 | 10,478,590 | 732 | 23,108,581 | 6,287,439 | 11,120,309 | 50,994,919 | 4.45 |
TOTAL | 56,926,592 | 698 | 60,968,861 | 3,557 | 117,118,162 | 31,983,748 | 54,474,669 | 264,545,440 | 4.65 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 100 | 3.128 | 100 | 1.519 | 4.65 |
PURE PREMIUM UNDERLYING PRESENT RATE | 2.923 | 1.589 | 4.51 | ||
PURE PREMIUM DERIVED BY FORMULA | 3.128 | 1.519 | 4.65 |