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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 ($) | ||||||
2017 | 547,119 | 2 | 24,600 | 114,037 | 138,637 | .25 | |||
2018 | 607,686 | 3 | 115,086 | 68,636 | 183,722 | .30 | |||
2019 | 641,377 | 2,783 | 2,783 | .00 | |||||
2020 | 592,580 | 2 | 11,799 | 16,536 | 28,335 | .05 | |||
2021 | 596,719 | 1 | 8,435 | 1 | 18,154 | 4,514 | 13,220 | 44,323 | .07 |
TOTAL | 2,985,481 | 1 | 8,435 | 8 | 169,639 | 4,514 | 215,212 | 397,800 | .13 |
INDEMNITY | MEDICAL | TOTAL PURE PREMIUM ($) | |||
---|---|---|---|---|---|
CRED. (%) | PURE PREM. ($) | CRED. (%) | PURE PREM. ($) | ||
INDICATED PURE PREMIUM | 17 | 0.060 | 25 | 0.074 | 0.13 |
PURE PREMIUM UNDERLYING PRESENT RATE | 83 | 0.181 | 75 | 0.131 | 0.31 |
PURE PREMIUM DERIVED BY FORMULA | 0.160 | 0.117 | 0.28 |